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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables set forth our assets measured at fair value on a recurring basis as of the dates indicated.

June 30, 2024Level 1Level 2Level 3Total
Fair Value
(In thousands)
Financial assets:
Fixed maturity securities, available-for-sale:
    
U.S. Treasury and U.S. Government-sponsored enterprises$5,958 3,554  9,512 
States and political subdivisions 277,228  277,228 
Corporate42 779,828  779,870 
Commercial mortgage-backed 265  265 
Residential mortgage-backed 94,419  94,419 
Asset-backed 52,109  52,109 
Total fixed maturity securities, available-for-sale
6,000 1,207,403  1,213,403 
Equity securities:    
Bond mutual funds738   738 
Common stock693   693 
Non-redeemable preferred stock7   7 
Non-redeemable preferred stock fund3,898   3,898 
Total equity securities5,336   5,336 
Other long-term investments (1)
   91,875 
Total financial assets$11,336 1,207,403  1,310,614 
(1) In accordance with Subtopic 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient are not classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the consolidated balance sheets.
December 31, 2023Level 1Level 2Level 3Total
Fair Value
(In thousands)
Financial assets:
Fixed maturity securities, available-for-sale:
    
U.S. Treasury and U.S. Government-sponsored enterprises$6,062 3,653 — 9,715 
States and political subdivisions— 287,231 — 287,231 
Corporate43 787,564 — 787,607 
Commercial mortgage-backed— 171 — 171 
Residential mortgage-backed— 97,123 — 97,123 
Asset-backed— 57,134 — 57,134 
Total fixed maturity securities, available-for-sale
6,105 1,232,876 — 1,238,981 
Equity securities:    
Bond mutual funds740 — — 740 
Common stock665 — — 665 
Non-redeemable preferred stock— — 
Non-redeemable preferred stock fund3,870 — — 3,870 
Total equity securities5,282 — — 5,282 
Other long-term investments (1)
— — — 82,460 
Total financial assets$11,387 1,232,876 — 1,326,723 
(1) In accordance with Subtopic 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient are not classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented in the consolidated balance sheets.
Fair Value Measurements, Recurring and Nonrecurring These investments are included in other long-term investments on the consolidated balance sheets.
June 30, 2024December 31, 2023
(In thousands, except for years)
Fair Value
 Using NAV Per Share
Unfunded Commit-
ments
Range
(In years)
Fair Value
 Using NAV Per Share
Unfunded Commit-
ments
Range
(In years)
Description
Limited partnerships:
Middle marketInvestments in privately-originated, performing senior secured debt primarily in North America-based companies$36,816 2,701 3$34,858 3,452 4
Global equity fundInvestments in common stocks of U.S., international developed and emerging markets with a focus on long-term capital growth10,909  010,345 — 0
Late-stage growthInvestments in private late-stage, established companies seeking capital to accelerate growth prior to an IPO or sale24,973 10,905 
4 to 6
20,524 14,271 
4 to 6
InfrastructureInvestments in climate infrastructure assets, focusing on renewable power generation in wind and solar energy19,177 7,548 
9 to 11
16,733 9,576 10
Total limited partnerships$91,875 21,154 $82,460 27,299 
Fair Value, by Balance Sheet Grouping [Table Text Block]
The carrying amount and fair value for the financial assets and liabilities on the consolidated financial statements not otherwise disclosed for the periods indicated were as follows:

 June 30, 2024December 31, 2023
(In thousands)Carrying
Value
Fair
Value
Carrying
Value
Fair
Value
Financial assets:
    
Policy loans$73,462 73,462 75,359 75,359 
Residential mortgage loan37 38 42 42 
Cash and cash equivalents26,344 26,344 26,997 26,997 
Financial liabilities:
    
Annuity - investment contracts67,627 61,066 67,690 63,283 
Fair Value Option, Disclosures The following table summarizes the carrying amounts of these investments.
Carrying Value
(In thousands)
June 30, 2024December 31, 2023
Other long-term investments:
Limited partnerships$91,875 82,460 
FHLB common stock207 202 
Mortgage loans37 42 
All other investments22 21 
Total other long-term investments$92,141 82,725