XML 36 R23.htm IDEA: XBRL DOCUMENT v3.24.2
General (Tables)
6 Months Ended
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Effects of Reinsurance
The effect of reinsurance on property and casualty premiums written and earned was as follows:

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
 (Amounts in thousands)
Premiums Written
Direct $1,380,511 $1,132,216 $2,674,986 $2,144,453 
Ceded(31,884)(24,184)(63,183)(47,574)
Assumed85 66 15,244 15,097 
     Net$1,348,712 $1,108,098 $2,627,047 $2,111,976 
Premiums Earned
Direct$1,256,208 $1,047,413 $2,442,793 $2,064,283 
Ceded(31,371)(23,999)(62,450)(47,197)
Assumed3,859 3,856 7,722 7,746 
     Net$1,228,696 $1,027,270 $2,388,065 $2,024,832 
Allowance for Credit Losses on Premium Receivable
The following table presents a summary of changes in allowance for credit losses on premiums receivable:
 Three Months Ended June 30,Six Months Ended June 30,
 2024202320242023
 (Amounts in thousands)
Beginning balance$5,800 $5,800 $5,300 $5,800 
     Provision during the period for expected credit losses 858 332 1,973 1,468 
Write-off amounts during the period(846)(877)(1,658)(2,147)
Recoveries during the period of amounts previously written off 188 145 385 279 
Ending balance $6,000 $5,400 $6,000 $5,400