v3.26.1
Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Operating Activities    
Net income $ 20,700 $ 15,449
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,747 1,884
Accretion of investments, net (708) (733)
Amortization of other intangible assets, net 571 418
Share-based compensation expense related to stock appreciation rights 237 224
Net gains on disposals of property (62) (6)
Net investment gains (5,319) (925)
Net gains on sale of other assets 0 (2,768)
Net earnings from other investments (847) (787)
Provision for claims 3,255 2,403
Provision (benefit) for deferred income taxes 517 (426)
Changes in assets and liabilities:    
Increase in premium and fees receivable (2,275) (919)
(Increase) decrease in other assets (1,436) 1,981
Increase in lease assets (571) (1,625)
Increase in current income taxes recoverable (1,083) (1,194)
Decrease in accounts payable and accrued liabilities (3,397) (4,157)
Increase in lease liabilities 667 1,654
Decrease in current income taxes payable 0 (276)
Payments of claims, net of recoveries (2,245) (1,412)
Net cash provided by operating activities 9,751 8,785
Investing Activities    
Purchases of fixed maturity securities (33,562) (32,796)
Purchases of equity securities (9,885) (4,900)
Purchases of short-term investments (25,381) (28,510)
Purchases of other investments (7,801) (3,316)
Purchases of other assets 0 (4,536)
Proceeds from sales and maturities of fixed maturity securities 20,799 28,356
Proceeds from sales of equity securities 5,715 11,333
Proceeds from sales and maturities of short-term investments 42,509 27,468
Proceeds from sales and distributions of other investments and assets 2,057 7,304
Purchases of property (2,918) (2,886)
Proceeds from sales of property 79 463
Net cash used in investing activities (8,388) (2,020)
Financing Activities    
Dividends paid (1,737) (1,736)
Net cash used in financing activities (1,737) (1,736)
Net (Decrease) Increase in Cash and Cash Equivalents (374) 5,029
Cash and Cash Equivalents, Beginning of Period 20,838 24,654
Cash and Cash Equivalents, End of Period 20,464 29,683
Cash Paid During the Year for:    
Income tax payments, net 7,027 6,299
Non-cash net unrealized loss (gain) on investments, net of deferred tax benefit (expense) of $261 and $(114) for June 30, 2026 and 2025, respectively 946 (417)
Adjustments to postretirement benefits obligation, net of deferred tax expense of $(5) and $(13) for June 30, 2026 and 2025, respectively $ (17) $ (50)