Equity securities are summarized as follows:


	September 30, 2025					December 31, 2024
	Estimated Fair Value		Percent of Total			Estimated Fair Value		Percent of Total
Mutual funds	$	47,538		90.4	%	$	31,818		86.5	%
Other common stocks		5,047		9.6			4,976		13.5
Total equity securities	$	52,585		100.0	%	$	36,794		100.0	%

Investments Classified by Contractual Maturity Date

The table below summarizes the Company's fixed maturities at September 30, 2025 by contractual maturity period. Actual results may differ, as issuers may have the right to call or prepay obligations, with or without penalties, prior to the contractual maturities of those obligations.


	September 30, 2025
	Cost or Amortized Cost		Percent of Total			Fair Value		Percent of Total
Due in one year or less	$	50,586		19.8	%	$	50,675		20.6	%
Due after one year through five years		132,416		51.7			130,453		52.9
Due after five years through ten years		21,086		8.2			18,722		7.6
Due after ten years		3,261		1.3			2,797		1.1
Asset and mortgage-backed securities		48,677		19.0			43,852		17.8
Total	$	256,026		100.0	%	$	246,499		100.0	%

Schedule of Unrealized Loss on Investments

The following table presents an aging of the Company's unrealized investment losses by investment class:


	Less Than Twelve Months						Twelve Months or More
	Number of Securities(1)		Gross Unrealized Losses		Fair Value		Number of Securities(1)		Gross Unrealized Losses		Fair Value
September 30, 2025
U.S. government and agency securities		—	$	—	$	—		—	$	—	$	—
Corporate securities		21		37		7,856		81		4,035		46,733
Mortgage-backed securities		3		7		715		56		4,196		26,683
States, municipalities and political subdivisions		2		1		514		24		1,245		14,912
Asset-backed securities		3		2		591		21		702		6,788
Public utilities		2		—		750		7		202		3,718
Foreign governments		—		—		—		—		—		—
Total fixed maturities		31	$	47	$	10,426		189	$	10,380	$	98,834

December 31, 2024
U.S. government and agency securities		2	$	25	$	5,878		—	$	—	$	—
Corporate securities		42		300		14,559		80		6,195		45,702
Mortgage-backed securities		4		26		1,244		61		5,407		29,218
States, municipalities and political subdivisions		4		25		1,330		27		1,882		15,868
Asset-backed securities		6		21		2,104		22		885		7,977
Public utilities		6		37		1,937		6		330		3,347
Foreign governments		1		9		427		—		—		—
Total fixed maturities		65	$	443	$	27,479		196	$	14,699	$	102,112

(1) This amount represents the actual number of discrete securities, not the number of shares or units of those securities. The numbers are not presented in thousands.

Schedule of Investments in Limited Partnerships

The information presented in the table below is as of September 30, 2025 and December 31, 2024:


	Book Value		Unrealized Gain		Unrealized Loss		Fair Value
September 30, 2025
Limited partnership investments (1)	$	2,778	$	639	$	—	$	3,417
Surplus note (1)		6,000		—		—		6,000
Commercial mortgage loans		6,840		—		—		6,840
Short-term investments		20,549		21		—		20,570
Total other investments	$	36,167	$	660	$	—	$	36,827

December 31, 2024
Limited partnership investments (1)	$	2,556	$	573	$	—	$	3,129
Short-term investments		20,413		81		—		20,494
Total other investments	$	22,969	$	654	$	—	$	23,623

(1)Distributions will be generated from operating income, investment gains, underlying investments of funds, and from liquidation of the underlying assets of the funds. The Company estimates that the underlying assets of the funds will be liquidated over the next few months to five years.