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Fair Value Measurements (Table Text Block)

12 Months Ended

Mar. 31, 2025

Mar. 31, 2024

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Abstract]

Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis


As of March 31, 2025		Total				Level 1				Level 2				Level 3

		(In thousands)
Assets
Fixed maturities - available for sale	$		2,479,498		$		—		$		2,479,498		$		—
Preferred stock			22,136				22,136				—				—
Common stock			43,413				43,413				—				—
Derivatives			13,200				8,819				4,381				—
Total	$		2,558,247		$		74,368		$		2,483,879		$		—


Liabilities
Derivatives	$		777		$		—		$		777		$		—
Embedded derivatives			8,693				—				—				8,693
Market risk benefits			13,432				—				—				13,432
Total	$		22,902		$		—		$		777		$		22,125


As of March 31, 2024		Total				Level 1				Level 2				Level 3
		(In thousands)
Assets
Fixed maturities - available for sale	$		2,442,504		$		—		$		2,442,446		$		58
Preferred stock			21,260				21,260				—				—
Common stock			45,014				45,014				—				—
Derivatives			18,930				10,538				8,392				—
Total	$		2,527,708		$		76,812		$		2,450,838		$		58



Liabilities
Embedded derivatives		$	9,300			$	—			$	—			$	9,300
Market risk benefits			13,400				—				—				13,400
Total		$	22,700			$	—			$	—			$	22,700

Financial Instruments, Carrying and Estimated fair values


		Fair Value Hierarchy
		Carrying																Total
As of March 31, 2025		Value				Level 1				Level 2				Level 3				Fair Value
		(In thousands)
Assets
Trade receivables, net	$		195,710		$		—		$		—		$		195,710		$		195,710
Mortgage loans, net			657,567				—				—				639,162				639,162
Other investments			11,868				—				—				11,868				11,868
Total	$		865,145		$		—		$		—		$		846,740		$		846,740


Liabilities
Notes, loans and finance leases payable	$		7,229,341		$		—		$		6,703,510		$		—		$		6,703,510
Liabilities from investment contracts			2,502,729				—				—				2,436,537				2,436,537
Total	$		9,732,070		$		—		$		6,703,510		$		2,436,537		$		9,140,047


		Fair Value Hierarchy
As of March 31, 2024		Carrying Value				Level 1				Level 2				Level 3				Total Estimated Fair Value
		(In thousands)
Assets
Trade receivables, net	$		177,602		$		—		$		—		$		177,602		$		177,602
Mortgage loans, net			604,481				—				—				579,767				579,767
Other investments			18,917				—				—				18,917				18,917
Total	$		801,000		$		—		$		—		$		776,286		$		776,286


Liabilities
Notes, loans and finance leases payable	$		6,304,038				—		$		5,850,346		$		—		$		5,850,346
Liabilities from investment contracts			2,402,052				—				—				2,280,796				2,280,796
Total	$		8,706,090		$		—		$		5,850,346		$		2,280,796		$		8,131,142