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Note 6 - Investments (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

(in thousands)		June 30, 2023
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities		$	14,780			$	—			$	635			$	14,145
States, municipalities and political subdivisions			3,224				—				155				3,069
Mortgage-backed			8,682				—				640				8,042
Asset-backed			1,435				—				68				1,367
Corporate			10,460				2				892				9,570
Total fixed maturities		$	38,581			$	2			$	2,390			$	36,193

(in thousands)		December 31, 2022
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities		$	15,797			$	—			$	717			$	15,080
States, municipalities and political subdivisions			2,390				—				158				2,232
Mortgage-backed			9,058				1				647				8,412
Asset-backed			1,682				—				72				1,610
Corporate			11,200				1				944				10,257
Total fixed maturities		$	40,127			$	2			$	2,538			$	37,591

Investments Classified by Contractual Maturity Date [Table Text Block]

(in thousands)		June 30, 2023
		Amortized Cost				Estimated Fair Value
Due in one year or less		$	6,899			$	6,797
Due after one year through five years			25,865				24,212
Due after five years through ten years			1,368				1,214
Due after ten years			4,449				3,970
Total		$	38,581			$	36,193

Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]

(in thousands)		June 30, 2023
		Less than 12 Months								Greater than 12 Months								Total
		Estimated Fair Value				Unrealized Loss				Estimated Fair Value				Unrealized Loss				Estimated Fair Value				Unrealized Loss
Fixed maturities:
U.S. government, government agencies and authorities		$	4,081			$	62			$	10,064			$	573			$	14,145			$	635
States, municipalities and political subdivisions			838				19				2,031				136				2,869				155
Mortgage-backed			1,328				24				6,714				616				8,042				640
Asset-backed			302				5				1,065				63				1,367				68
Corporate			1,732				47				7,604				845				9,336				892
Total fixed maturities		$	8,281			$	157			$	27,478			$	2,233			$	35,759			$	2,390

(in thousands)		December 31, 2022
		Less than 12 Months								Greater than 12 Months								Total
		Estimated Fair Value				Unrealized Loss				Estimated Fair Value				Unrealized Loss				Estimated Fair Value				Unrealized Loss
Fixed maturities:
U.S. government, government agencies and authorities		$	4,543			$	126			$	10,537			$	591			$	15,080			$	717
States, municipalities and political subdivisions			1,040				73				937				85				1,977				158
Mortgage-backed			2,248				93				5,756				554				8,004				647
Asset-backed			1,251				39				299				33				1,550				72
Corporate			3,244				155				6,760				789				10,004				944
Total fixed maturities		$	12,326			$	486			$	24,289			$	2,052			$	36,615			$	2,538

Investment Income [Table Text Block]

(in thousands)		Three months ended June 30,								Six months ended June 30,
		2023				2022				2023				2022
Investment income:
Interest from fixed maturities		$	243			$	117			$	472			$	210
Dividends			14				33				74				64
Income (loss) from limited liability investments			1				52				(33	)			287
Income from limited liability investments, at fair value			—				4				—				4
Income from real estate investments			—				200				—				400
Other			102				87				622				170
Gross investment income			360				493				1,135				1,135
Investment expenses			(30	)			(28	)			(67	)			(51	)
Net investment income		$	330			$	465			$	1,068			$	1,084

Realized Gain (Loss) on Investments [Table Text Block]

(in thousands)		Three months ended June 30,								Six months ended June 30,
		2023				2022				2023				2022
Gross realized gains		$	—			$	—			$	2			$	1
Gross realized losses			—				(16	)			—				(21	)
Net		$	—			$	(16	)		$	2			$	(20	)

Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block]

(in thousands)		Three months ended June 30,								Six months ended June 30,
		2023				2022				2023				2022
Net gains recognized on equity investments sold during the period		$	—			$	—			$	—			$	—
Change in unrealized gains (losses) on equity investments held at end of the period			1,707				(38	)			2,782				(48	)
Gain (loss) on change in fair value of equity investments		$	1,707			$	(38	)		$	2,782			$	(48	)

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