v3.26.1
Note 6 - Investments (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Investment [Table Text Block]

(in thousands)

  June 30, 2026   December 31, 2025 

Available-for-sale fixed maturities, at fair value (amortized cost of $39,121 and $37,005, respectively)

 $38,556  $36,765 

Limited liability investment, at fair value (a)

  4,127   3,476 

Limited liability investments (a)

  637   649 

Investments in private companies, at adjusted cost (a)

  575   575 

Short-term investments, at cost which approximates fair value

  179   178 

Total investments

 $44,074  $41,643 
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

(in thousands)

 

June 30, 2026

 
  

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Estimated Fair Value

 

Fixed maturities:

                

U.S. government, government agencies and authorities

 $13,939  $8  $112  $13,835 

States, municipalities and political subdivisions

  1,238   1   14   1,225 

Mortgage-backed

  11,692   16   296   11,412 

Asset-backed

  1,681   2   18   1,665 

Corporate

  10,571   18   170   10,419 

Total fixed maturities

 $39,121  $45  $610  $38,556 

(in thousands)

 

December 31, 2025

 
  

Amortized Cost

  

Gross Unrealized Gains

  

Gross Unrealized Losses

  

Estimated Fair Value

 

Fixed maturities:

                

U.S. government, government agencies and authorities

 $13,441  $97  $47  $13,491 

States, municipalities and political subdivisions

  1,788   3   20   1,771 

Mortgage-backed

  9,965   79   226   9,818 

Asset-backed

  1,365   10   11   1,364 

Corporate

  10,446   58   183   10,321 

Total fixed maturities

 $37,005  $247  $487  $36,765 
Investments Classified by Contractual Maturity Date [Table Text Block]

(in thousands)

 

June 30, 2026

 
  

Amortized Cost

  

Estimated Fair Value

 

Due in one year or less

 $7,182  $7,110 

Due after one year through five years

  21,102   20,940 

Due after five years through ten years

  5,186   5,095 

Due after ten years

  5,651   5,411 

Total

 $39,121  $38,556 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]

(in thousands)

 

June 30, 2026

 
  

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

 $2,053  $14  $9,633  $98  $11,686  $112 

States, municipalities and political subdivisions

  230   5   466   9   696   14 

Mortgage-backed

  3,965   41   4,601   255   8,566   296 

Asset-backed

  1,020   8   142   10   1,162   18 

Corporate

  3,005   24   5,203   146   8,208   170 

Total fixed maturities

 $10,273  $92  $20,045  $518  $30,318  $610 

(in thousands)

 

December 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

 $2,477  $21  $2,370  $26  $4,847  $47 

States, municipalities and political subdivisions

  300      1,088   20   1,388   20 

Mortgage-backed

  336   1   3,433   225   3,769   226 

Asset-backed

        417   11   417   11 

Corporate

  408      6,113   183   6,521   183 

Total fixed maturities

 $3,521  $22  $13,421  $465  $16,942  $487 
Investment Income [Table Text Block]

(in thousands)

 

Three months ended June 30,

  

Six months ended June 30,

 
  

2026

  

2025

  

2026

  

2025

 

Net investment income

 $395  $410   798   790 

Net realized gains

  1,953   128   1,964   57 

Gain on change in fair value of limited liability investment, at fair value

  357   177   669   178 

Interest and investment income, net

 $2,705  $715  $3,431  $1,025 

(in thousands)

 

Three months ended June 30,

  

Six months ended June 30,

 
  

2026

  

2025

  

2026

  

2025

 

Investment income:

                

Interest from fixed maturities

 $366  $351  $720  $687 

Dividends

  10   10   20   20 

Loss from limited liability investments

  (12)     (12)   

Other

  68   73   139   143 

Gross investment income

  432   434   867   850 

Investment expenses

  (37)  (24)  (69)  (60)

Net investment income

 $395  $410  $798  $790 
Realized Gain (Loss) on Investments [Table Text Block]

(in thousands)

 

Three months ended June 30,

  

Six months ended June 30,

 
  

2026

  

2025

  

2026

  

2025

 

Available-for-sale fixed maturities:

                

Gross realized gains

 $  $  $  $ 

Gross realized losses

     (4)     (76)

Net realized losses on available-for-sale fixed maturities

     (4)     (76)

Limited liability investment, at fair value

  1,320   95   1,330   95 

Investments in private companies

  633   37   634   38 

Net realized gains

 $1,953  $128  $1,964  $57