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Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 2022
Fair Value Measurements  
Schedule of hierarchy for financial assets and liabilities measured at fair value

December 31, 2022

    

Level 1

    

Level 2

    

Level 3

    

Total

 

(in thousands)

Assets:

 

  

 

  

 

  

 

  

Fixed maturity securities

 

  

 

  

 

  

 

  

U.S. Governments

$

$

48,551

$

$

48,551

States, territories, and possessions

 

 

5,354

 

 

5,354

Political subdivisions

 

 

4,298

 

 

4,298

Special revenue excluding mortgage/asset-backed securities

 

 

32,799

 

 

32,799

Industrial and miscellaneous

 

 

254,095

 

 

254,095

Mortgage/asset-backed securities

 

 

169,967

 

 

169,967

Equity securities

 

38,576

 

 

 

38,576

Cash, cash equivalents, and restricted cash

 

68,164

 

 

 

68,164

Total assets

$

106,740

$

515,064

$

$

621,804

December 31, 2021

    

Level 1

    

Level 2

    

Level 3

    

Total

 

(in thousands)

Assets:

 

  

 

  

 

  

 

  

Fixed maturity securities

 

  

 

  

 

  

 

  

U.S. Governments

$

$

16,870

$

$

16,870

States, territories, and possessions

 

 

4,014

 

 

4,014

Political subdivisions

 

 

6,380

 

 

6,380

Special revenue excluding mortgage/asset-backed securities

 

 

44,498

 

 

44,498

Industrial and miscellaneous

 

 

249,046

 

 

249,046

Mortgage/asset-backed securities

 

 

110,374

 

1,500

 

111,874

Equity securities

 

33,261

 

 

 

33,261

Cash, cash equivalents, and restricted cash

 

50,371

 

 

 

50,371

Total assets

$

83,632

$

431,182

$

1,500

$

516,314