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Insurance Operations (Details 2) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 9 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | ---
Sep. 30, 2012 | Sep. 30, 2011 | Sep. 30, 2012 | Sep. 30, 2011 | Jun. 30, 2012 | Dec. 31, 2011 | Jun. 30, 2011 | Dec. 31, 2010
Change in liability for unpaid losses and LAE |  |  |  |  |  |  |  |
Balance at beginning of period | $ 164,625 | $ 155,375 | $ 187,215 | $ 158,929 |  |  |  |
Less reinsurance recoverable |  |  |  |  | 73,169 | 88,002 | 76,307 | 79,114
Net balance at beginning of period | 91,456 | 79,068 | 99,213 | 79,815 |  |  |  |
Expenses incurred related to Current year | 27,409 | 24,975 | 83,120 | 76,897 |  |  |  |
Expenses incurred related to Prior years | 8,891 | 4,368 | 8,791 | 4,483 |  |  |  |
Total incurred | 36,300 | 29,343 | 91,911 | 81,380 |  |  |  |
Expenses paid related to Current year | 18,808 | 15,244 | 34,143 | 30,119 |  |  |  |
Expenses paid related to Prior years | 10,434 | 9,587 | 58,467 | 47,496 |  |  |  |
Total paid | 29,242 | 24,831 | 92,610 | 77,615 |  |  |  |
Net balance at end of period | 98,514 | 83,580 | 98,514 | 83,580 |  |  |  |
Plus reinsurance recoverables | 74,160 | 79,374 | 74,160 | 79,374 |  |  |  |
Balance at end of period | $ 172,674 | $ 162,954 | $ 172,674 | $ 162,954 |  |  |  |

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- Definition Amount of payments made in the reporting period to settle claims incurred in the current period and related claims settlement costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Financial Reporting Release (FRR) -Number 403 -Paragraph 04 -Subparagraph b Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=6482485&loc=d3e14764-158437 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 94-5 -Paragraph 11 -Subparagraph c -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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- Definition The estimated cost of settling claims under the terms of the underlying insurance policies and assumed and ceded insurance contracts as of the balance sheet date, including an estimate for claims which have been incurred but not reported and the actual and estimated costs of settling claims. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 94-5 -Paragraph 11 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 40 -Section 50 -Paragraph 3 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6482485&loc=d3e14764-158437 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Financial Reporting Release (FRR) -Number 403 -Paragraph 04 -Subparagraph b Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Statement of Position (SOP) -Number 01-5 -Paragraph 10 -Subparagraph a -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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