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Note 6 - Investments (Tables)

9 Months Ended

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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