Schedule V - Valuation and Qualifying Accounts For the years ended December 31, 2016, 2015 and 2014
(Dollar amounts in thousands)
| | | | | | Additions | | | | | | | | | | | Balance at | | | Charged to | | | Charged (Reversal) | | | | | | Balance at | | | | | Beginning of | | | Costs and | | | To Other Accounts | | | Deductions - | | | End of | | | | | Period | | | Expenses | | | - Describe (1) | | | Describe (2) | | | Period | | | | | | | | | | | | | | | | | | | 2016 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for doubtful receivables | | $ | 37,244 | | | | 1,295 | | | | 306 | | | | (1,538 | ) | | $ | 37,307 | | | | | | | | | | | | | | | | | | | | | | | | 2015 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for doubtful receivables | | $ | 36,368 | | | | 15,781 | | | | 340 | | | | (15,245 | ) | | $ | 37,244 | | | | | | | | | | | | | | | | | | | | | | | | 2014 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Allowance for doubtful receivables | | $ | 21,549 | | | | 12,847 | | | | 4,227 | | | | (2,255 | ) | | $ | 36,368 | |
(1) | Represents premiums adjustment to provide for unresolved reconciliation items with the Government of Puerto Rico and other entities. |
(2) | Deductions represent the write-off of accounts deemed uncollectible. |
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