Insurance Operations (Tables)

12 Months Ended

Dec. 31, 2016

Beginning and Ending Balances and Changes in DPAC, Net of DRCC

The following table presents the beginning and ending balances and the changes in DPAC, net of DRCC, for the periods presented (in thousands):

	Years Ended December 31,
	2016			2015			2014
DPAC, beginning of year	$	60,019		$	54,603		$	54,099
Capitalized Costs		130,243			116,954			108,072
Amortization of DPAC		(125,350	)		(111,538	)		(107,568	)
DPAC, end of year	$	64,912		$	60,019		$	54,603

DRCC, beginning of year	$	—		$	28,943		$	38,200
Ceding Commissions Written		—			(5,276	)		64,810
Earned Ceding Commissions		—			(23,667	)		(74,067	)
DRCC, end of year	$	—		$	—		$	28,943

DPAC (DRCC), net, beginning of year	$	60,019		$	25,660		$	15,899
Capitalized Costs, net		130,243			122,230			43,262
Amortization of DPAC (DRCC), net		(125,350	)		(87,871	)		(33,501	)
DPAC (DRCC), net, end of year	$	64,912		$	60,019		$	25,660

Statutory Capital and Surplus, and an Amount Representing Ten Percent of Total Liabilities for both UPCIC and APPCIC

The following table presents the amount of capital and surplus calculated in accordance with statutory accounting principles, which differ from GAAP, and an amount representing ten percent of total liabilities for both UPCIC and APPCIC as of the dates presented (in thousands):

	As of December 31,
	2016		2015
Ten percent of total liabilities
UPCIC	$	57,560	$	55,928
APPCIC	$	464	$	463
Statutory capital and surplus
UPCIC	$	313,753	$	256,987
APPCIC	$	17,280	$	14,777

Recorded Capital Contributions

Through UVECF, the Insurance Entities’ parent company, UVE recorded capital contributions for the periods presented (in thousands):

	Years Ended December 31,
	2016		2015		2014
Capital Contributions	$	2,000	$	—	$	—

Assets Held by Insurance Regulators

The following table represents assets held by insurance regulators as of the dates presented (in thousands):

	As of December 31,
	2016		2015
Restricted cash and cash equivalents	$	2,635	$	2,635
Investments	$	3,952	$	3,876

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

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