Unpaid Losses and Loss Adjustment Expenses (Details) - USD ($) $ in Thousands |
12 Months Ended | |
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Sep. 30, 2022 |
Sep. 30, 2021 |
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Liability for Unpaid Claims and Claims Adjustment Expense [Roll Forward] | ||
Balance at beginning of year | $ 9,941 | $ 8,697 |
Total incurred | 5,993 | 6,323 |
Total paid | (4,643) | (5,079) |
Balance at end of year | $ 11,291 | $ 9,941 |
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- Definition The amount needed to reflect the estimated ultimate cost of settling claims relating to insured events that have occurred on or before the balance sheet date, whether or not reported to the insurer at that date. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Amount, after effects of reinsurance, of expense (reversal of expense) for claims incurred and costs incurred in the claim settlement process. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. No definition available.
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- Definition Amount, after effects of reinsurance, of payments to settle insured claims and pay costs incurred in the claims settlement process. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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