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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Operating Activities    
Net income $ 3,171 $ 4,525
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 953 787
Accretion of investments, net (427) (1,232)
Amortization of other intangible assets, net 274 339
Share-based compensation expense related to stock appreciation rights 106 96
Net losses (gains) on disposals of property 2 (13)
Net investment losses (gains) 1,179 (2,422)
Net (earnings) losses from other investments (392) 14
Provision for claims 323 910
Benefit for deferred income taxes (1,216) (92)
Changes in assets and liabilities:    
Decrease in premium and fees receivable 363 427
(Increase) decrease in other assets (914) 3,354
Increase in lease assets (1,970) (376)
Decrease in current income taxes receivable 0 1,081
Decrease in accounts payable and accrued liabilities (5,257) (5,881)
Increase in lease liabilities 2,018 379
Increase in current income taxes payable 2,098 282
Payments of claims, net of recoveries (386) (741)
Net cash (used in) provided by operating activities (75) 1,437
Investing Activities    
Purchases of fixed maturity securities (11,611) (757)
Purchases of equity securities (1,690) (2,470)
Purchases of short-term investments (10,431) (32,751)
Purchases of other investments (172) (5,178)
Proceeds from sales and maturities of fixed maturity securities 6,755 1,625
Proceeds from sales of equity securities 6,086 5,323
Proceeds from sales and maturities of short-term investments 15,544 31,107
Proceeds from sales and distributions of other investments and assets 742 3,379
Purchases of property (1,331) (2,230)
Proceeds from the sale of property 0 17
Net cash provided by (used in) investing activities 3,892 (1,935)
Financing Activities    
Repurchases of common stock 0 (1,053)
Dividends paid (868) (867)
Net cash used in financing activities (868) (1,920)
Net Increase (Decrease) in Cash and Cash Equivalents 2,949 (2,418)
Cash and Cash Equivalents, Beginning of Period 24,654 24,031
Cash and Cash Equivalents, End of Period 27,603 21,613
Cash Paid During the Year for:    
Income tax payments, net 1 1
Non-cash net unrealized (gains) losses on investments, net of deferred tax (provision) benefit of $(48) and $79 for March 31, 2025 and 2024, respectively (174) 292
Adjustments to postretirement benefits obligation, net of deferred tax expense of $(15) and $0 for March 31, 2025 and 2024, respectively $ (56) $ 0