v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
Assets:    
Cash and cash equivalents $ 26,703 $ 20,838
Investments in securities:    
Fixed maturity securities, available-for-sale, at fair value (amortized cost: March 31, 2026: $117,028; December 31, 2025: $116,852) 117,337 118,116
Equity securities, at fair value (cost: March 31, 2026: $33,048; December 31, 2025: $28,575) 46,361 41,481
Short-term investments 58,437 68,763
Other investments 22,605 23,446
Total investments 244,740 251,806
Premiums and fees receivable 17,495 17,126
Accrued interest and dividends 1,605 1,476
Prepaid expenses and other receivables 9,432 9,387
Property, net 29,569 29,397
Goodwill and other intangible assets, net 20,879 20,940
Lease assets 8,392 7,784
Other assets 2,729 2,706
Current income taxes recoverable 0 1,678
Total Assets 361,544 363,138
Liabilities:    
Reserve for claims 37,894 38,092
Accounts payable and accrued liabilities 35,128 41,525
Lease liabilities 8,691 8,050
Current income taxes payable 660 0
Deferred income taxes, net 6,281 7,171
Total liabilities 88,654 94,838
Commitments and Contingencies 0 0
Stockholders' Equity:    
Preferred stock (1,000 authorized shares; no shares issued) 0 0
Common stock – no par value (10,000 authorized shares; 1,888 and 1,888 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively, excluding in each period 292 shares of common stock held by the Company) 0 0
Retained earnings 272,527 267,209
Accumulated other comprehensive income 363 1,091
Total stockholders' equity 272,890 268,300
Total Liabilities and Stockholders’ Equity $ 361,544 $ 363,138