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Note 6 - Investments (Tables) | 9 Months Ended
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Sep. 30, 2024
Notes Tables |
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block] |
(in thousands) |  | September 30, 2024 |
|  | Amortized Cost |  |  | Gross Unrealized Gains |  |  | Gross Unrealized Losses |  |  | Estimated Fair Value |
Fixed maturities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
U.S. government, government agencies and authorities |  | $ | 12,872 |  |  | $ | 77 |  |  | $ | 182 |  |  | $ | 12,767 |
States, municipalities and political subdivisions |  |  | 2,843 |  |  |  | 9 |  |  |  | 62 |  |  |  | 2,790 |
Mortgage-backed |  |  | 10,010 |  |  |  | 59 |  |  |  | 322 |  |  |  | 9,747 |
Asset-backed |  |  | 1,328 |  |  |  | 8 |  |  |  | 22 |  |  |  | 1,314 |
Corporate |  |  | 10,582 |  |  |  | 46 |  |  |  | 390 |  |  |  | 10,238 |
Total fixed maturities |  | $ | 37,635 |  |  | $ | 199 |  |  | $ | 978 |  |  | $ | 36,856 |
(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) |  | September 30, 2024 |
|  | Amortized Cost |  |  | Estimated Fair Value |
Due in one year or less |  | $ | 7,166 |  |  | $ | 7,110 |
Due after one year through five years |  |  | 24,885 |  |  |  | 24,442 |
Due after five years through ten years |  |  | 1,458 |  |  |  | 1,440 |
Due after ten years |  |  | 4,126 |  |  |  | 3,864 |
Total |  | $ | 37,635 |  |  | $ | 36,856 |
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block] |
(in thousands) |  | September 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 |  | $ | 2,373 |  |  | $ | 24 |  |  | $ | 5,467 |  |  | $ | 158 |  |  | $ | 7,840 |  |  | $ | 182 |
States, municipalities and political subdivisions |  |  | 149 |  |  |  | 2 |  |  |  | 1,596 |  |  |  | 60 |  |  |  | 1,745 |  |  |  | 62 |
Mortgage-backed |  |  | 857 |  |  |  | 4 |  |  |  | 4,891 |  |  |  | 318 |  |  |  | 5,748 |  |  |  | 322 |
Asset-backed |  |  | — |  |  |  | — |  |  |  | 840 |  |  |  | 22 |  |  |  | 840 |  |  |  | 22 |
Corporate |  |  | 350 |  |  |  | 1 |  |  |  | 7,649 |  |  |  | 389 |  |  |  | 7,999 |  |  |  | 390 |
Total fixed maturities |  | $ | 3,729 |  |  | $ | 31 |  |  | $ | 20,443 |  |  | $ | 947 |  |  | $ | 24,172 |  |  | $ | 978 |
(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 September 30, |  |  | Nine months ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Investment income: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Interest from fixed maturities |  | $ | 331 |  |  | $ | 264 |  |  | $ | 968 |  |  | $ | 736 |
Dividends |  |  | 11 |  |  |  | 11 |  |  |  | 39 |  |  |  | 85 |
Income (loss) from limited liability investments |  |  | 1 |  |  |  | (8 | ) |  |  | (161 | ) |  |  | (41 | )
Other |  |  | 98 |  |  |  | 106 |  |  |  | 300 |  |  |  | 728 |
Gross investment income |  |  | 441 |  |  |  | 373 |  |  |  | 1,146 |  |  |  | 1,508 |
Investment expenses |  |  | (38 | ) |  |  | (22 | ) |  |  | (109 | ) |  |  | (89 | )
Net investment income |  | $ | 403 |  |  | $ | 351 |  |  | $ | 1,037 |  |  | $ | 1,419 |
Realized Gain (Loss) on Investments [Table Text Block] |
(in thousands) |  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Available-for-sale fixed maturities: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Gross realized gains |  | $ | — |  |  | $ | 7 |  |  | $ | — |  |  | $ | 9 |
Gross realized losses |  |  | — |  |  |  | (7 | ) |  |  | — |  |  |  | (7 | )
Net realized gains on available-for-sale fixed maturities |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |
Limited liability investments |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 103 |
Limited liability investments, at fair value |  |  | 874 |  |  |  | 191 |  |  |  | 1,260 |  |  |  | 407 |
Investments in private companies |  |  | 84 |  |  |  | 15 |  |  |  | 99 |  |  |  | 27 |
Net realized gains |  | $ | 958 |  |  | $ | 206 |  |  | $ | 1,359 |  |  | $ | 539 |
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block] |
(in thousands) |  | Three months ended September 30, |  |  | Nine months ended September 30, |
|  | 2024 |  |  | 2023 |  |  | 2024 |  |  | 2023 |
Net gains (losses) recognized on equity investments sold during the period |  | $ | — |  |  | $ | 3,322 |  |  | $ | (3 | ) |  | $ | 3,322 |
Change in net unrealized (losses) gains recognized on equity investments held at end of the period |  |  | — |  |  |  | (2,730 | ) |  |  | — |  |  |  | 52 |
Net gain (loss) on equity investments |  | $ | — |  |  | $ | 592 |  |  | $ | (3 | ) |  | $ | 3,374 |

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