| Schedule of reconciliation of changes in the ending reserve balances for losses and loss adjustment expenses ("LAE") |
| | | | | | | | | | | | | | | Three Months Ended September 30, | | Nine Months Ended September 30, | | | 2022 | | 2021 | | 2022 | | 2021 | | | | | (in thousands) | | | (in thousands) | Reserve for losses and LAE net of reinsurance recoverables at beginning of period | | $ | 55,769 | | $ | 23,633 | | $ | 45,419 | | $ | 34,470 | Add: Incurred losses and LAE, net of reinsurance, related to: | | | | | | | | | | | | | Current year | | | 30,904 | | | 28,286 | | | 58,703 | | | 34,202 | Prior years | | | (4) | | | 189 | | | 1,548 | | | (2,914) | Total incurred | | | 30,900 | | | 28,475 | | | 60,251 | | | 31,288 | Deduct: Loss and LAE payments, net of reinsurance, related to: | | | | | | | | | | | | | Current year | | | 7,873 | | | 2,787 | | | 13,762 | | | 3,407 | Prior years | | | 4,548 | | | 2,678 | | | 17,660 | | | 15,708 | Total payments | | | 12,421 | | | 5,465 | | | 31,422 | | | 19,115 | Reserve for losses and LAE net of reinsurance recoverables at end of period | | | 74,248 | | | 46,643 | | | 74,248 | | | 46,643 | Add: Reinsurance recoverables on unpaid losses and LAE at end of period | | | 131,575 | | | 129,044 | | | 131,575 | | | 129,044 | Reserve for losses and LAE gross of reinsurance recoverables on unpaid losses and LAE at end of period | | $ | 205,823 | | $ | 175,687 | | $ | 205,823 | | $ | 175,687 |
|