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Note 6 - Investments (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

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

(in thousands)		March 31, 2024
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities		$	13,747			$	—			$	408			$	13,339
States, municipalities and political subdivisions			2,887				—				109				2,778
Mortgage-backed			9,579				8				511				9,076
Asset-backed			1,485				—				41				1,444
Corporate			10,597				7				656				9,948
Total fixed maturities		$	38,295			$	15			$	1,725			$	36,585

(in thousands)		December 31, 2023
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities		$	13,384			$	8			$	395			$	12,997
States, municipalities and political subdivisions			2,885				3				105				2,783
Mortgage-backed			9,724				23				494				9,253
Asset-backed			1,254				1				45				1,210
Corporate			10,860				18				648				10,230
Total fixed maturities		$	38,107			$	53			$	1,687			$	36,473

Investments Classified by Contractual Maturity Date [Table Text Block]

(in thousands)				March 31, 2024
				Amortized Cost				Estimated Fair Value
Due in one year or less				$	8,250			$	8,102
Due after one year through five years					24,004				22,906
Due after five years through ten years					1,353				1,274
Due after ten years					4,688				4,303
Total				$	38,295			$	36,585

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

(in thousands)		March 31, 2024
		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		$	4,960			$	70			$	8,378			$	338			$	13,338			$	408
States, municipalities and political subdivisions			434				2				2,344				107				2,778				109
Mortgage-backed			1,895				23				6,655				488				8,550				511
Asset-backed			365				1				981				40				1,346				41
Corporate			1,031				12				7,790				644				8,821				656
Total fixed maturities		$	8,685			$	108			$	26,148			$	1,617			$	34,833			$	1,725

(in thousands)		December 31, 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		$	3,237			$	46			$	7,940			$	349			$	11,177			$	395
States, municipalities and political subdivisions			—				—				1,705				105				1,705				105
Mortgage-backed			737				11				6,067				483				6,804				494
Asset-backed			—				—				1,050				45				1,050				45
Corporate			937				11				8,013				637				8,950				648
Total fixed maturities		$	4,911			$	68			$	24,775			$	1,619			$	29,686			$	1,687

Investment Income [Table Text Block]

(in thousands)		Three months ended March 31,
		2024				2023
Investment income:
Interest from fixed maturities		$	312			$	229
Dividends			12				60
Loss from limited liability investments			(60	)			(34	)
Other			93				520
Gross investment income			357				775
Investment expenses			(31	)			(37	)
Net investment income		$	326			$	738

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

(in thousands)		Three months ended March 31,
		2024				2023
Available-for-sale fixed maturities:
Gross realized gains		$	—			$	2
Gross realized losses			—				—
Net realized gains on available-for-sale fixed maturities			—				2
Limited liability investments			—				98
Limited liability investments, at fair value			115				110
Investments in private companies			9				—
Net realized gains		$	124			$	210

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

(in thousands)		Three months ended March 31,
		2024				2023
Net losses recognized on equity investments sold during the period		$	(3	)		$	—
Change in net unrealized gains recognized on equity investments held at end of the period			—				1,075
Net (loss) gain on equity investments		$	(3	)		$	1,075

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