Loss and Loss Adjustment Expenses

6 Months Ended

Jun. 30, 2026

Loss and Loss Adjustment Expenses [Abstract]

NOTE 6 – LOSS AND LOSS ADJUSTMENT EXPENSES

The following tables show changes in aggregate reserves for our loss and loss adjustment expenses for the three and six month periods ending June 30, 2026 and June 30, 2025:

(in thousands)

	2026		2025
Net reserves at April 1,	$	-	$	28
Incurred loss and loss adjustment expenses
Provisions for insured events of the current year		-		-
Change in provision for insured events of prior year		-		-
Total incurred loss and loss adjustment expense		-		-
Payments
Loss and loss adjustment expenses attributable to insured events of the current year		-		-
Loss and loss adjustment expenses attributable to insured events of the prior year		-		-
Total payments		-		-
Net reserves at June 30,	$	-	$	28

	2026		2025
Net reserves at January 1,	$	-	$	201
Incurred loss and loss adjustment expenses
Provisions for insured events of the current year		-		-
Change in provision for insured events of prior year		-		(161	)
Total incurred loss and loss adjustment expense		-		(161	)
Payments
Loss and loss adjustment expenses attributable to insured events of the current year		-		-
Loss and loss adjustment expenses attributable to insured events of the prior year		-		12
Total payments		-		12
Net reserves at June 30,	$	-	$	28