XML 92 R77.htm IDEA: XBRL DOCUMENT v3.24.0.1
Royalties, Dividends, and Affiliations (Details) - Schedule of Impact of Including Battle Creek in our Consolidated Balance Sheets and Statements of Operations - Battle Creek [Member] - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Assets:      
Cash and cash equivalents $ 2,621 $ 5,008  
Investments 15,394 13,350  
Premiums and agents’ balances receivable 5,953 5,422  
Deferred policy acquisition costs 682 595  
Reinsurance recoverables on losses [1] 6,918 12,597  
Accrued investment income 85 59  
Income tax recoverable 225 225  
Deferred income taxes 706 780  
Property and equipment 306 319  
Other assets 97 52  
Total assets 32,987 38,407  
Liabilities:      
Unpaid losses and loss adjustment expenses 4,276 6,453  
Unearned premiums 3,269 2,959  
Notes payable [2] 3,000 3,000  
Pooling payable [2] 5,932 8,337  
Reinsurance losses payable [1] 13,275 13,125  
Accrued expenses and other liabilities 477 2,303  
Total liabilities 30,229 36,177  
Equity:      
Non-controlling interest 2,758 2,230  
Total equity 2,758 2,230  
Total liabilities and equity 32,987 38,407  
Revenues:      
Net premiums earned 7,023 6,566 $ 5,992
Fee and other income (expense) 37 (30) (11)
Net investment income 320 113 49
Net investment gains (losses) 1 (20) 2
Total revenues 7,381 6,629 6,032
Expenses:      
Losses and loss adjustment expenses 4,888 5,889 4,328
Amortization of deferred policy acquisition costs 1,660 1,336 1,291
Other underwriting and general expenses 588 564 470
Total expenses 7,136 7,789 6,089
Income (loss) before income taxes 245 (1,160) (57)
Income tax expense (benefit) (5) (481) 27
Net income (loss) $ 250 $ (679) $ (84)
[1] Amount partly eliminated in consolidation.
[2] Amount fully eliminated in consolidation.