| Summarizes Aggregate Workers' Compensation Reserve Activity |
The following table summarizes the aggregate workers’ compensation reserve activity (in thousands):
|
|
Three Months Ended
|
|
|
Nine Months Ended
|
|
|
|
September 30,
|
|
|
September 30,
|
|
|
|
2020
|
|
|
2019
|
|
|
2020
|
|
|
2019
|
|
|
Beginning balance
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Workers' compensation claims liabilities
|
$
|
336,504
|
|
|
$
|
430,736
|
|
|
$
|
438,986
|
|
|
$
|
413,397
|
|
|
Add: claims expense accrual
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current period
|
|
35,138
|
|
|
|
37,404
|
|
|
|
106,359
|
|
|
|
118,934
|
|
|
Prior periods
|
|
(2,977
|
)
|
|
|
(5,593
|
)
|
|
|
(5,163
|
)
|
|
|
(10,245
|
)
|
|
|
|
32,161
|
|
|
|
31,811
|
|
|
|
101,196
|
|
|
|
108,689
|
|
|
Less: claim payments related to
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Current period
|
|
7,046
|
|
|
|
8,609
|
|
|
|
13,123
|
|
|
|
14,213
|
|
|
Prior periods
|
|
15,640
|
|
|
|
23,815
|
|
|
|
181,170
|
|
|
|
77,619
|
|
|
|
|
22,686
|
|
|
|
32,424
|
|
|
|
194,293
|
|
|
|
91,832
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Change in claims incurred in excess of retention limits
|
|
1,369
|
|
|
|
(77
|
)
|
|
|
1,459
|
|
|
|
(208
|
)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ending balance
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Workers' compensation claims liabilities
|
$
|
347,348
|
|
|
$
|
430,046
|
|
|
$
|
347,348
|
|
|
$
|
430,046
|
|
|
Incurred but not reported (IBNR)
|
$
|
203,595
|
|
|
$
|
274,344
|
|
|
$
|
203,595
|
|
|
$
|
274,344
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Ratio of IBNR to workers' compensation claims liabilities
|
|
59
|
%
|
|
|
64
|
%
|
|
|
59
|
%
|
|
|
64
|
%
|
|