Investments (Tables)
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6 Months Ended |
Jun. 30, 2026 |
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| Investments [Abstract] |
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| Schedule of Amortized Cost and Estimated Fair Value of Fixed Income Securities |
The amortized cost and estimated fair value of fixed income securities, presented on a consolidated basis as of June 30, 2026, and December 31, 2025, were as follows: | | | June 30, 2026 | | | | | Cost or
Amortized
Cost | | | Allowance for
Expected
Credit Losses | | | Gross
Unrealized
Gains | | | Gross
Unrealized
Losses | | | Fair Value | | | Fixed income securities: | | | | | | | | | | | | | | | | | | | | | | U.S. Government and agencies | | $ | 8,440 | | | $ | — | | | $ | 12 | | | $ | (112 | ) | | $ | 8,340 | | | Obligations of states and political subdivisions | | | 50,533 | | | | — | | | | 183 | | | | (4,335 | ) | | | 46,381 | | | Corporate securities | | | 131,082 | | | | — | | | | 572 | | | | (4,110 | ) | | | 127,544 | | | Residential mortgage-backed securities | | | 68,822 | | | | — | | | | 379 | | | | (5,303 | ) | | | 63,898 | | | Commercial mortgage-backed securities | | | 33,414 | | | | — | | | | 97 | | | | (2,118 | ) | | | 31,393 | | | Asset-backed securities | | | 18,028 | | | | — | | | | 58 | | | | (308 | ) | | | 17,778 | | | Redeemable preferred stocks | | | 3,736 | | | | — | | | | — | | | | (696 | ) | | | 3,040 | | | Total fixed income securities | | $ | 314,055 | | | $ | — | | | $ | 1,301 | | | $ | (16,982 | ) | | $ | 298,374 | | | | | December 31, 2025 | | | | | Cost or
Amortized
Cost | | | Allowance for
Expected
Credit Losses | | | Gross
Unrealized
Gains | | | Gross
Unrealized
Losses | | | Fair Value | | | Fixed income securities: | | | | | | | | | | | | | | | | | | | | | | U.S. Government and agencies | | $ | 10,643 | | | $ | — | | | $ | 146 | | | $ | (73 | ) | | $ | 10,716 | | | Obligations of states and political subdivisions | | | 50,530 | | | | — | | | | 168 | | | | (4,648 | ) | | | 46,050 | | | Corporate securities | | | 125,978 | | | | — | | | | 1,434 | | | | (3,607 | ) | | | 123,805 | | | Residential mortgage-backed securities | | | 73,022 | | | | — | | | | 679 | | | | (5,002 | ) | | | 68,699 | | | Commercial mortgage-backed securities | | | 29,376 | | | | — | | | | 182 | | | | (2,030 | ) | | | 27,528 | | | Asset-backed securities | | | 21,519 | | | | — | | | | 200 | | | | (310 | ) | | | 21,409 | | | Redeemable preferred stocks | | | 3,736 | | | | — | | | | — | | | | (550 | ) | | | 3,186 | | | Total fixed income securities | | $ | 314,804 | | | $ | — | | | $ | 2,809 | | | $ | (16,220 | ) | | $ | 301,393 | |
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| Schedule of Contractual Maturity |
The amortized cost and estimated fair value of fixed income securities by contractual maturity, presented on a consolidated basis, are shown below. Actual maturities could differ from contractual maturities because issuers may have the right to call or prepay these securities. | | | June 30, 2026 | | | | | Amortized Cost | | | Fair Value | | | Due to mature: | | | | | | | | | | One year or less | | $ | 19,560 | | | $ | 19,368 | | | After one year through five years | | | 69,262 | | | | 66,371 | | | After five years through ten years | | | 63,023 | | | | 61,900 | | | After ten years | | | 38,210 | | | | 34,626 | | | Mortgage / asset-backed securities | | | 120,264 | | | | 113,069 | | | Redeemable preferred stocks | | | 3,736 | | | | 3,040 | | | Total fixed income securities | | $ | 314,055 | | | $ | 298,374 | | | | | December 31, 2025 | | | | | Amortized Cost | | | Fair Value | | | Due to mature: | | | | | | | | | | One year or less | | $ | 10,208 | | | $ | 10,097 | | | After one year through five years | | | 73,908 | | | | 72,140 | | | After five years through ten years | | | 64,118 | | | | 63,599 | | | After ten years | | | 38,917 | | | | 34,735 | | | Mortgage / asset-backed securities | | | 123,917 | | | | 117,636 | | | Redeemable preferred stocks | | | 3,736 | | | | 3,186 | | | Total fixed income securities | | $ | 314,804 | | | $ | 301,393 | |
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| Schedule of Gross Unrealized Losses on Fixed Income Securities |
| | | June 30, 2026 | | | | | Less than 12 Months | | | Greater than 12 months | | | Total | | | | | Fair
Value | | | Unrealized
Losses | | | Fair
Value | | | Unrealized
Losses | | | Fair
Value | | | Unrealized
Losses | | | Fixed income securities: | | | | | | | | | | | | | | | | | | | | | | | | | | U.S. Government and agencies | | $ | 3,830 | | | $ | (36 | ) | | $ | 3,175 | | | $ | (76 | ) | | $ | 7,005 | | | $ | (112 | ) | | Obligations of states and political subdivisions | | | 4,361 | | | | (45 | ) | | | 35,069 | | | | (4,290 | ) | | | 39,430 | | | | (4,335 | ) | | Corporate securities | | | 35,141 | | | | (335 | ) | | | 55,671 | | | | (3,775 | ) | | | 90,812 | | | | (4,110 | ) | | Residential mortgage-backed securities | | | 12,870 | | | | (136 | ) | | | 29,317 | | | | (5,167 | ) | | | 42,187 | | | | (5,303 | ) | | Commercial mortgage-backed securities | | | 7,734 | | | | (57 | ) | | | 19,054 | | | | (2,061 | ) | | | 26,788 | | | | (2,118 | ) | | Asset-backed securities | | | 7,615 | | | | (148 | ) | | | 4,152 | | | | (160 | ) | | | 11,767 | | | | (308 | ) | | Redeemable preferred stocks | | | — | | | | — | | | | 3,040 | | | | (696 | ) | | | 3,040 | | | | (696 | ) | | Total fixed income securities | | $ | 71,551 | | | $ | (757 | ) | | $ | 149,478 | | | $ | (16,225 | ) | | $ | 221,029 | | | $ | (16,982 | ) | | | | December 31, 2025 | | | | | Less than 12 Months | | | Greater than 12 months | | | Total | | | | | Fair
Value | | | Unrealized
Losses | | | Fair
Value | | | Unrealized
Losses | | | Fair
Value | | | Unrealized
Losses | | | Fixed income securities: | | | | | | | | | | | | | | | | | | | | | | | | | | U.S. Government and agencies | | $ | 997 | | | $ | (5 | ) | | $ | 3,433 | | | $ | (68 | ) | | $ | 4,430 | | | $ | (73 | ) | | Obligations of states and political subdivisions | | | 2,976 | | | | (93 | ) | | | 35,429 | | | | (4,555 | ) | | | 38,405 | | | | (4,648 | ) | | Corporate securities | | | 2,081 | | | | (147 | ) | | | 62,738 | | | | (3,460 | ) | | | 64,819 | | | | (3,607 | ) | | Residential mortgage-backed securities | | | 3,273 | | | | (15 | ) | | | 33,503 | | | | (4,987 | ) | | | 36,776 | | | | (5,002 | ) | | Commercial mortgage-backed securities | | | — | | | | — | | | | 19,754 | | | | (2,030 | ) | | | 19,754 | | | | (2,030 | ) | | Asset-backed securities | | | 1,433 | | | | (108 | ) | | | 5,832 | | | | (202 | ) | | | 7,265 | | | | (310 | ) | | Redeemable preferred stocks | | | — | | | | — | | | | 3,186 | | | | (550 | ) | | | 3,186 | | | | (550 | ) | | Total fixed income securities | | $ | 10,760 | | | $ | (368 | ) | | $ | 163,875 | | | $ | (15,852 | ) | | $ | 174,635 | | | $ | (16,220 | ) |
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| Schedule of Net Investment Income |
Net investment income consisted of the following: | | | Three Months Ended June 30, | | | Six Months Ended June 30, | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | Fixed income securities | | $ | 3,081 | | | $ | 3,193 | | | $ | 6,018 | | | $ | 6,321 | | | Equity securities | | | 210 | | | | 247 | | | | 441 | | | | 455 | | | Real estate | | | 65 | | | | 65 | | | | 131 | | | | 131 | | | Cash and cash equivalents | | | 222 | | | | 379 | | | | 475 | | | | 748 | | | Total gross investment income | | | 3,578 | | | | 3,884 | | | | 7,065 | | | | 7,655 | | | Investment expenses | | | 768 | | | | 738 | | | | 1,600 | | | | 1,671 | | | Net investment income | | $ | 2,810 | | | $ | 3,146 | | | $ | 5,465 | | | $ | 5,984 | |
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| Schedule of Net Investment Gains |
Net investment gains (losses) consisted of the following: | | | Three Months Ended June 30, | | | Six Months Ended June 30, | | | | | 2026 | | | 2025 | | | 2026 | | | 2025 | | | Gross realized gains: | | | | | | | | | | | | | | | | | | Fixed income securities | | $ | 45 | | | $ | 6 | | | $ | 75 | | | $ | 6 | | | Equity securities | | | 1,660 | | | | 240 | | | | 2,049 | | | | 743 | | | Total gross realized gains | | | 1,705 | | | | 246 | | | | 2,124 | | | | 749 | | | | | | | | | | | | | | | | | | | | | Gross realized losses, excluding credit impairment losses: | | | | | | | | | | | | | | | | | | Fixed income securities | | | (38 | ) | | | (139 | ) | | | (60 | ) | | | (139 | ) | | Equity securities | | | (137 | ) | | | — | | | | (393 | ) | | | (177 | ) | | Total gross realized losses, excluding credit impairment losses | | | (175 | ) | | | (139 | ) | | | (453 | ) | | | (316 | ) | | | | | | | | | | | | | | | | | | | | Net realized gains (losses) | | | 1,530 | | | | 107 | | | | 1,671 | | | | 433 | | | | | | | | | | | | | | | | | | | | | Change in net unrealized gains on equity securities | | | 533 | | | | (517 | ) | | | 2,096 | | | | 26 | | | Net investment gains (losses) | | $ | 2,063 | | | $ | (410 | ) | | $ | 3,767 | | | $ | 459 | |
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