XML 38 R27.htm IDEA: XBRL DOCUMENT v3.24.3

Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2024

Fair Value Disclosures [Abstract]

Schedule of Investments Measured at Fair Value By Level

The following table presents the Company’s investments measured at fair value by level:

As of September 30, 2024						Level 1						Level 2						Level 3						Total
						($ in thousands)
Fixed maturity securities
U.S. government and government agency						$	308,625					$	1,249					$	—					$	309,874
State and municipal						—						65,376						—						65,376
Commercial mortgage-backed securities						—						61,855						—						61,855
Residential mortgage-backed securities						—						174,470						—						174,470
Asset-backed securities						—						83,000						—						83,000
Corporate						—						196,677						—						196,677
Total fixed maturity securities						308,625						582,627						—						891,252
Short-term investments						10,002						—						—						10,002
Total investments						$	318,627					$	582,627					$	—					$	901,254

As of December 31, 2023						Level 1						Level 2						Level 3						Total
						($ in thousands)
Fixed maturity securities
U.S. government and government agency						$	251,332					$	1,209					$	—					$	252,541
State and municipal						—						50,720						—						50,720
Commercial mortgage-backed securities						—						25,436						—						25,436
Residential mortgage-backed securities						—						74,702						—						74,702
Asset-backed securities						—						42,033						—						42,033
Corporate						—						109,192						—						109,192
Total fixed maturity securities						251,332						303,292						—						554,624
Short-term investments						3,960						4,864						—						8,824
Total investments						$	255,292					$	308,156					$	—					$	563,448

X

- Definition

Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

+ Details

Name:	us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_FairValueDisclosuresAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration