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Note 6 - Investments (Tables)

6 Months Ended

Jun. 30, 2024

Notes Tables

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

(in thousands)		June 30, 2024
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities		$	13,601			$	—			$	365			$	13,236
States, municipalities and political subdivisions			2,890				—				110				2,780
Mortgage-backed			9,662				6				502				9,166
Asset-backed			1,400				—				37				1,363
Corporate			10,350				3				624				9,729
Total fixed maturities		$	37,903			$	9			$	1,638			$	36,274

(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)				June 30, 2024
				Amortized Cost				Estimated Fair Value
Due in one year or less				$	7,522			$	7,395
Due after one year through five years					24,752				23,693
Due after five years through ten years					1,483				1,414
Due after ten years					4,146				3,772
Total				$	37,903			$	36,274

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

(in thousands)		June 30, 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		$	3,776			$	60			$	9,361			$	305			$	13,137			$	365
States, municipalities and political subdivisions			558				5				2,222				105				2,780				110
Mortgage-backed			2,388				27				6,381				475				8,769				502
Asset-backed			365				2				900				35				1,265				37
Corporate			588				6				8,214				618				8,802				624
Total fixed maturities		$	7,675			$	100			$	27,078			$	1,538			$	34,753			$	1,638

(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 June 30,								Six months ended June 30,
		2024				2023				2024				2023
Investment income:
Interest from fixed maturities		$	325			$	243			$	637			$	472
Dividends			16				14				28				74
(Loss) income from limited liability investments			(102	)			1				(162	)			(33	)
Other			109				102				202				622
Gross investment income			348				360				705				1,135
Investment expenses			(40	)			(30	)			(71	)			(67	)
Net investment income		$	308			$	330			$	634			$	1,068

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

(in thousands)		Three months ended June 30,								Six months ended June 30,
		2024				2023				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			—				5				—				103
Limited liability investments, at fair value			271				106				386				216
Investments in private companies			6				12				15				12
Net realized gains		$	277			$	123			$	401			$	333

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,
		2024				2023				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			—				1,707				—				2,782
Net (loss) gain on equity investments		$	—			$	1,707			$	(3	)		$	2,782

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