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Internal assumptions include consistency in the recording of premium and loss statistics, consistency in the recording of claims, payment and case reserving methodologies, accurate measurement of the impact of rate changes and changes in policy provisions, consistency in the quality and characteristics of business written within a given line of business, and consistency in reinsurance coverage and collectability of reinsured losses, among other items. To the extent we determine that underlying factors impacting our assumptions have changed, we attempt to make appropriate adjustments for such changes in our reserves. 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During the loss adjustment period, we may learn additional facts regarding certain claims, and, consequently, it often becomes necessary for us to refine and adjust our estimates of liability. We reflect any adjustments to our liabilities for losses and loss adjustment expenses in our operating results in the period in which we determine the need for a change in the estimates.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">We maintain liabilities for the payment of losses and loss adjustment expenses with respect to both reported and unreported claims. We establish these liabilities for the purpose of covering the ultimate costs of settling all losses, including investigation and litigation costs. 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Internal assumptions include consistency in the recording of premium and loss statistics, consistency in the recording of claims, payment and case reserving methodologies, accurate measurement of the impact of rate changes and changes in policy provisions, consistency in the quality and characteristics of business written within a given line of business, and consistency in reinsurance coverage and collectability of reinsured losses, among other items. To the extent we determine that underlying factors impacting our assumptions have changed, we attempt to make appropriate adjustments for such changes in our reserves. 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We also assess goodwill and other intangible assets for impairment upon the occurrence of certain events. In making our assessment, we consider a number of factors including operating results, business plans, economic projections, anticipated future cash flows, and current market data. Inherent uncertainties exist with respect to these factors and to our judgment in applying them when we make our assessment. Impairment of goodwill and other intangible assets could result from changes in economic and operating conditions in future periods. We did not record any impairments of goodwill or other intangible assets during the six months ended June 30, 2017, or the year ended December 31, 2016.</p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Goodwill representing the excess of the purchase price over the fair value of the net assets acquired is reported separately in the consolidated balance sheet. The purchase price in excess of the fair value of net assets acquired was negotiated at arms-length with an unrelated party and was based upon the strategic decision by Company management to expand both the geographic footprint and product lines of the Company. The nature of the business acquired was such that there were limited intangible assets not reflected in the net assets acquired. The purchase price was paid with a combination of cash and cancellation of obligations owed to the acquired company by the sellers. 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text-align: left">&#160;</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">&#8212;</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">&#160;</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">2,291</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">&#160;</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">(14</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; 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text-align: left">&#160;</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">(298</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">)</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">55,535</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">&#160;</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">(1,183</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td nowrap="nowrap">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#160;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#160;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#160;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#160;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#160;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#160;</td><td nowrap="nowrap" style="text-align: left">&#160;</td></tr> <tr style="vertical-align: bottom; 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background-color: rgb(204,238,255)"> <td nowrap="nowrap" style="text-align: left; padding-left: 8.65pt">Basic materials</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">32</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">(1</td><td nowrap="nowrap" style="text-align: left">)</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#8212;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#8212;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">32</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">(1</td><td nowrap="nowrap" style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: White"> <td nowrap="nowrap" style="padding-left: 8.65pt">Communications</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">167</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">(81</td><td nowrap="nowrap" style="text-align: left">)</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#8212;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">&#8212;</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">167</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">(81</td><td nowrap="nowrap" style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td nowrap="nowrap" style="text-align: left; padding-left: 8.65pt">Consumer, cyclical</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">63</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">(5</td><td nowrap="nowrap" style="text-align: left">)</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">174</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">(45</td><td nowrap="nowrap" style="text-align: left">)</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">237</td><td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap">&#160;</td> <td nowrap="nowrap" style="text-align: left">&#160;</td><td nowrap="nowrap" style="text-align: right">(50</td><td nowrap="nowrap" style="text-align: left">)</td></tr> <tr style="vertical-align: bottom; 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text-align: left">&#160;</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">&#8212;</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">&#160;</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">543</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">&#160;</td><td nowrap="nowrap" style="padding-bottom: 1pt">&#160;</td> <td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: left">&#160;</td><td nowrap="nowrap" style="border-bottom: Black 1pt solid; text-align: right">(57</td><td nowrap="nowrap" style="padding-bottom: 1pt; text-align: left">)</td></tr> <tr style="vertical-align: bottom; 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