Physical Damage  (1) As of December 31, 2020 Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance Total of Incurred-but- Not- Reported Liabilities Plus Number of For the Years Ended December 31 (2018-2019 is Supplementary Information and Unaudited) Expected Development Reported Claims Accident Year 2018 2019 2020 on Reported Claims Per Year 2018 $ 53,726 $ 50,122 $ 49,767 $ 22 11,151 2019 – 55,354 54,126 141 10,472  2020 – 56,602 3,233 9,130 Total $ 160,495 $ 3,396 Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Years Ended December 31 (2018-2019 is Supplementary Information and Unaudited) Accident Year 2018 2019 2020 2018 $ 41,631 $ 49,685 $ 49,638 2019 –  44,197  53,647  2020 – 42,726 Total $ 146,011  Outstanding liabilities prior to 2018, net of reinsurance  77 Liabilities for claims and claims adjustment expenses, net of reinsurance  $ 14,561  (1) The majority of physical damage claims settle within a two-year period. The triangles above have been abbreviated to reflect the short-tail nature of this business. 67