XML 24 R14.htm IDEA: XBRL DOCUMENT
v3.25.2

Insurance Reserves for Losses and Claims | 6 Months Ended
--- | ---
Jun. 30, 2025
Insurance Reserves for Losses and Claims [Abstract] |
Insurance Reserves for Losses and Claims |
Note 7. | Insurance Reserves for Losses and Claims
The roll-forward of insurance reserves for losses and claims for the six months ended June 30, 2025 and 2024 is as follows:
| Six Months Ended June 30, |
| 2025 |  |  |  | 2024 |
Beginning insurance reserves for losses and claims, gross | $ | 93,707 |  |  |  | $ | 87,478 |
Less: Reinsurance recoverable on unpaid losses |  | (17,390 | ) |  |  |  | (14,678 | )
Beginning insurance reserves for losses and claims, net |  | 76,317 |  |  |  |  | 72,800 |
Incurred related to: |  |  |  |  |  |  |  |
Current accident year |  | 63,346 |  |  |  |  | 57,851 |
Prior accident year development |  | (2,543 | ) | (1) |  |  | 1,829 | (2)
Total incurred |  | 60,803 |  |  |  |  | 59,680 |
Paid related to: |  |  |  |  |  |  |  |
Current accident year |  | 24,903 |  |  |  |  | 22,405 |
Prior accident years |  | 27,410 |  |  |  |  | 37,016 |
Total paid |  | 52,313 |  |  |  |  | 59,421 |
Ending insurance reserves for losses and claims, net |  | 84,807 |  |  |  |  | 73,059 |
Plus: Reinsurance recoverable on unpaid losses |  | 16,952 |  |  |  |  | 17,565 |
Ending insurance reserves for losses and claims, gross | $ | 101,759 |  |  |  | $ | 90,624 |
(1) | Prior years’ development was primarily the result of favorable development in the Medicare supplement line of business in the life and health operations, partially offset by unfavorable development in the property and casualty operations predominately in the automobile liability line of business.
(2) | Prior years’ development was primarily the result of unfavorable development in the property and casualty operations predominately in the automobile liability line of business due to inflationary factors.
Following is a reconciliation of total incurred losses to total insurance benefits and losses incurred:
|  | Six Months Ended June 30, |
|  | 2025 |  |  | 2024 |
Total incurred losses |  | $ | 60,803 |  |  | $ | 59,680 |
Cash surrender value and matured endowments |  |  | 1,291 |  |  |  | 577 |
Benefit reserve changes |  |  | 3,466 |  |  |  | 3,475 |
Total insurance benefits and losses incurred |  | $ | 65,560 |  |  | $ | 63,732 |

X
- References No definition available. + Details
Name: | us-gaap_InsuranceAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for the types of coverages and products sold, and the assets, obligations, recorded liabilities, revenues and expenses arising therefrom, and the amounts of and methodologies and assumptions used in determining the amounts of such items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/944/tableOfContent Reference 2: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 505 -Name Accounting Standards Codification -Section 55 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478420/944-505-55-2 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 505 -Name Accounting Standards Codification -Section 55 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147478420/944-505-55-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 505 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477908/944-505-50-5 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 470 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147477845/944-470-50-1 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 20 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479838/944-20-50-7 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 310 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c)(4)(ii) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477363/944-310-50-3 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 310 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (c)(4)(iv) -Publisher FASB -URI https://asc.fasb.org/1943274/2147477363/944-310-50-3 + Details
Name: | us-gaap_InsuranceDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration