v3.26.1
Note 4 - Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2026
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following tables present the hierarchy for financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2026 and December 31, 2025:

 

June 30, 2026

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

($ in thousands)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Fixed maturity securities

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Governments

 

$

 

 

$

23,535

 

 

$

 

 

$

23,535

 

U.S. States, Territories, and Political Subdivisions

 

 

 

 

 

16,905

 

 

 

 

 

 

16,905

 

Special revenue excluding mortgage/asset-backed securities

 

 

 

 

 

18,429

 

 

 

 

 

 

18,429

 

Corporate and other

 

 

 

 

 

741,655

 

 

 

 

 

 

741,655

 

Mortgage/asset-backed securities

 

 

 

 

 

702,336

 

 

 

 

 

 

702,336

 

Equity securities

 

 

128,391

 

 

 

1,124

 

 

 

 

 

 

129,515

 

Cash, cash equivalents, and restricted cash

 

 

62,704

 

 

 

 

 

 

 

 

 

62,704

 

Derivative assets

 

 

5,007

 

 

 

 

 

 

 

 

 

5,007

 

Total assets

 

$

196,102

 

 

$

1,503,984

 

 

$

 

 

$

1,700,086

 

 

December 31, 2025

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

 

 

($ in thousands)

 

Assets:

 

 

 

 

 

 

 

 

 

 

 

 

Fixed maturity securities

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Governments

 

$

 

 

$

23,587

 

 

$

 

 

$

23,587

 

U.S. States, Territories, and Political Subdivisions

 

 

 

 

 

18,862

 

 

 

 

 

 

18,862

 

Special revenue excluding mortgage/asset-backed securities

 

 

 

 

 

17,465

 

 

 

 

 

 

17,465

 

Corporate and other

 

 

 

 

 

608,235

 

 

 

 

 

 

608,235

 

Mortgage/asset-backed securities

 

 

 

 

 

556,038

 

 

 

 

 

 

556,038

 

Equity securities

 

 

99,333

 

 

 

 

 

 

 

 

 

99,333

 

Cash, cash equivalents, and restricted cash

 

 

106,892

 

 

 

 

 

 

 

 

 

106,892

 

Derivative assets

 

 

9,934

 

 

 

 

 

 

 

 

 

9,934

 

Total assets

 

$

216,159

 

 

$

1,224,187

 

 

$

 

 

$

1,440,346