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Note 6 - Investments (Tables)

3 Months Ended

Mar. 31, 2025

Notes Tables

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

(in thousands)		March 31, 2025
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities		$	13,589			$	46			$	129			$	13,506
States, municipalities and political subdivisions			2,602				3				56				2,549
Mortgage-backed			9,852				29				321				9,560
Asset-backed			1,338				4				19				1,323
Corporate			10,342				26				350				10,018
Total fixed maturities		$	37,723			$	108			$	875			$	36,956

(in thousands)		December 31, 2024
		Amortized Cost				Gross Unrealized Gains				Gross Unrealized Losses				Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities		$	13,561			$	11			$	218			$	13,354
States, municipalities and political subdivisions			2,846				2				73				2,775
Mortgage-backed			10,309				10				433				9,886
Asset-backed			1,346				2				22				1,326
Corporate			10,055				9				442				9,622
Total fixed maturities		$	38,117			$	34			$	1,188			$	36,963

Investments Classified by Contractual Maturity Date [Table Text Block]

(in thousands)		March 31, 2025
		Amortized Cost				Estimated Fair Value
Due in one year or less		$	7,264			$	7,220
Due after one year through five years			24,396				23,986
Due after five years through ten years			2,204				2,170
Due after ten years			3,859				3,580
Total		$	37,723			$	36,956

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

(in thousands)		March 31, 2025
		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		$	1,878			$	17			$	4,431			$	112			$	6,309			$	129
States, municipalities and political subdivisions			323				1				1,380				55				1,703				56
Mortgage-backed			1,591				19				4,100				302				5,691				321
Asset-backed			314				—				537				19				851				19
Corporate			596				4				6,962				346				7,558				350
Total fixed maturities		$	4,702			$	41			$	17,410			$	834			$	22,112			$	875

(in thousands)		December 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		$	2,417			$	28			$	7,984			$	190			$	10,401			$	218
States, municipalities and political subdivisions			331				1				1,981				72				2,312				73
Mortgage-backed			3,006				57				5,477				376				8,483				433
Asset-backed			254				—				756				22				1,010				22
Corporate			966				10				7,274				432				8,240				442
Total fixed maturities		$	6,974			$	96			$	23,472			$	1,092			$	30,446			$	1,188

Investment Income [Table Text Block]

(in thousands)		Three months ended March 31,
		2025				2024
Investment income:
Interest from fixed maturities		$	336			$	312
Dividends			10				12
Loss from limited liability investments			—				(60	)
Other			70				93
Gross investment income			416				357
Investment expenses			(36	)			(31	)
Net investment income		$	380			$	326

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

(in thousands)		Three months ended March 31,
		2025				2024
Available-for-sale fixed maturities:
Gross realized gains		$	—			$	—
Gross realized losses			(72	)			—
Net realized losses on available-for-sale fixed maturities			(72	)			—
Limited liability investment, at fair value			—				115
Investments in private companies			1				9
Net realized (losses) gains		$	(71	)		$	124

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

(in thousands)		Three months ended March 31,
		2025				2024
Net losses recognized on equity investments sold during the period		$	—			$	(3	)
Change in net unrealized (losses) gains recognized on equity investments held at end of the period			—				—
Net loss on equity investments		$	—			$	(3	)

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