• Filing Date: 2020-03-06
  • Form Type: 10-K
  • Description: Annual report
v3.19.3.a.u2
Deferred Policy Acquisition Costs
12 Months Ended
Dec. 31, 2019
Insurance [Abstract]  
Deferred Policy Acquisition Costs

Note 8 -- Deferred Policy Acquisition Costs

The following table summarizes the activity with respect to deferred policy acquisition costs:

 

 

 

December 31,

 

 

 

2019

 

 

2018

 

Beginning balance

 

$

16,507

 

 

$

16,712

 

Policy acquisition costs deferred

 

 

42,302

 

 

 

34,999

 

Amortization

 

 

(37,146

)

 

 

(35,204

)

Ending balance

 

$

21,663

 

 

$

16,507

 

 

The amount of policy acquisition costs amortized and included in policy acquisition and other underwriting expenses for the years ended December 31, 2019, 2018 and 2017 was $37,146, $35,204 and $35,663, respectively.