XML 45 R35.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Unpaid Losses and Loss Adjustment Expenses (Tables)
6 Months Ended
Jun. 30, 2024
Unpaid Losses and Loss Adjustment Expenses [Abstract]  
Schedule of Activity in the Liability for Unpaid Losses and Loss Adjustment Expenses Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows for both continuing and discontinued operations:
   Six Months Ended June 30, 
   2024   2023 
Balance, beginning of period:          
Liability for unpaid losses and loss adjustment expenses  $217,119   $190,459 
Reinsurance recoverables on losses   48,969    37,575 
Net balance, beginning of period   168,150    152,884 
           
Incurred related to:          
Current year   125,235    126,854 
Prior years   7,773    9,477 
Total incurred   133,008    136,331 
           
Paid related to:          
Current year   45,494    50,010 
Prior years   54,372    60,675 
Total paid   99,866    110,685 
           
Westminster balances disposed in sale:          
Liability for unpaid losses and loss adjustment expenses   107,508    
 
Reinsurance recoverables on losses   45,320    
 
Net balance, end of period   62,188    
 
           
Balance, end of period:          
Liability for unpaid losses and loss adjustment expenses   148,527    232,038 
Reinsurance recoverables on losses   9,423    53,508 
Net balance, end of period  $139,104   $178,530 
   Six Months Ended June 30, 
   2024   2023 
Continuing operations:          
Balance, beginning of period:          
Liability for unpaid losses and loss adjustment expenses  $119,185   $114,296 
Reinsurance recoverables on losses   6,460    8,586 
Net balance, beginning of period   112,725    105,710 
           
Incurred related to:          
Current year   101,120    100,574 
Prior years   8,382    628 
Total incurred   109,502    101,202 
           
Paid related to:          
Current year   39,930    41,857 
Prior years   43,193    38,468 
Total paid   83,123    80,325 
           
Balance, end of period:          
Liability for unpaid losses and loss adjustment expenses   148,527    137,535 
Reinsurance recoverables on losses   9,423    10,948 
Net balance, end of period  $139,104   $126,587 
   Six Months Ended June 30, 
   2024   2023 
Discontinued operations:          
Balance, beginning of period:          
Liability for unpaid losses and loss adjustment expenses  $97,934   $76,163 
Reinsurance recoverables on losses   42,509    28,989 
Net balance, beginning of period   55,425    47,174 
           
Incurred related to:          
Current year   24,115    26,280 
Prior years   (609)   8,849 
Total incurred   23,506    35,129 
           
Paid related to:          
Current year   5,564    8,153 
Prior years   11,179    22,207 
Total paid   16,743    30,360 
           
Balance, end of period:          
Liability for unpaid losses and loss adjustment expenses   107,508    94,503 
Reinsurance recoverables on losses   45,320    42,560 
Net balance, end of period  $62,188   $51,943