XML 72 R52.htm IDEA: XBRL DOCUMENT v3.24.0.1
Summary of Investments - Fair Value of Investments (Details) - USD ($)
$ in Thousands
Dec. 31, 2023
Dec. 31, 2022
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost $ 1,771,041 $ 1,662,680
Gross Unrealized Appreciation 6,810 2,784
Gross Unrealized Depreciation 91,348 114,125
Fair Value 1,686,503 1,551,339
Allowance for Credit Losses 1 3
Carrying Value 1,686,502 1,551,336
U.S. Treasury    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 51,211 15,684
Gross Unrealized Appreciation 325 0
Gross Unrealized Depreciation 675 1,009
Fair Value 50,861 14,675
Allowance for Credit Losses 0 0
Carrying Value 50,861 14,675
U.S. government agency    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 102,540 94,092
Gross Unrealized Appreciation 255 35
Gross Unrealized Depreciation 8,302 9,721
Fair Value 94,493 84,406
Allowance for Credit Losses 0 0
Carrying Value 94,493 84,406
States, municipalities and political subdivisions | General obligations: | Midwest    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 52,712 61,191
Gross Unrealized Appreciation 132 185
Gross Unrealized Depreciation 137 263
Fair Value 52,707 61,113
Allowance for Credit Losses 0 0
Carrying Value 52,707 61,113
States, municipalities and political subdivisions | General obligations: | Northeast    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 11,422 15,518
Gross Unrealized Appreciation 1 18
Gross Unrealized Depreciation 43 73
Fair Value 11,380 15,463
Allowance for Credit Losses 0 0
Carrying Value 11,380 15,463
States, municipalities and political subdivisions | General obligations: | South    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 54,560 64,851
Gross Unrealized Appreciation 47 57
Gross Unrealized Depreciation 400 927
Fair Value 54,207 63,981
Allowance for Credit Losses 0 0
Carrying Value 54,207 63,981
States, municipalities and political subdivisions | General obligations: | West    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 77,874 87,094
Gross Unrealized Appreciation 23 163
Gross Unrealized Depreciation 471 712
Fair Value 77,426 86,545
Allowance for Credit Losses 0 0
Carrying Value 77,426 86,545
States, municipalities and political subdivisions | Special revenue: | Midwest    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 101,037 103,107
Gross Unrealized Appreciation 302 224
Gross Unrealized Depreciation 358 1,065
Fair Value 100,981 102,266
Allowance for Credit Losses 0 0
Carrying Value 100,981 102,266
States, municipalities and political subdivisions | Special revenue: | Northeast    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 52,708 55,292
Gross Unrealized Appreciation 79 76
Gross Unrealized Depreciation 560 1,148
Fair Value 52,227 54,220
Allowance for Credit Losses 0 0
Carrying Value 52,227 54,220
States, municipalities and political subdivisions | Special revenue: | South    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 166,119 184,108
Gross Unrealized Appreciation 302 278
Gross Unrealized Depreciation 2,155 3,529
Fair Value 164,266 180,857
Allowance for Credit Losses 0 0
Carrying Value 164,266 180,857
States, municipalities and political subdivisions | Special revenue: | West    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 102,254 113,594
Gross Unrealized Appreciation 147 275
Gross Unrealized Depreciation 836 1,657
Fair Value 101,565 112,212
Allowance for Credit Losses 0 0
Carrying Value 101,565 112,212
Foreign bonds    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 21,255 36,129
Gross Unrealized Appreciation 0 0
Gross Unrealized Depreciation 2,083 4,480
Fair Value 19,172 31,649
Allowance for Credit Losses 0 0
Carrying Value 19,172 31,649
Public utilities    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 149,734 138,752
Gross Unrealized Appreciation 787 65
Gross Unrealized Depreciation 10,054 13,406
Fair Value 140,467 125,411
Allowance for Credit Losses 0 0
Carrying Value 140,467 125,411
Corporate bonds | Energy    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 45,351 36,507
Gross Unrealized Appreciation 249 0
Gross Unrealized Depreciation 2,127 3,298
Fair Value 43,473 33,209
Allowance for Credit Losses 0 0
Carrying Value 43,473 33,209
Corporate bonds | Industrials    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 74,760 58,334
Gross Unrealized Appreciation 727 62
Gross Unrealized Depreciation 4,939 5,554
Fair Value 70,548 52,842
Allowance for Credit Losses 0 0
Carrying Value 70,548 52,842
Corporate bonds | Consumer goods and services    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 103,315 100,539
Gross Unrealized Appreciation 271 0
Gross Unrealized Depreciation 7,665 10,598
Fair Value 95,921 89,941
Allowance for Credit Losses 0 0
Carrying Value 95,921 89,941
Corporate bonds | Health care    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 37,872 32,987
Gross Unrealized Appreciation 99 24
Gross Unrealized Depreciation 4,499 5,419
Fair Value 33,472 27,592
Allowance for Credit Losses 0 0
Carrying Value 33,472 27,592
Corporate bonds | Technology, media and telecommunications    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 87,002 67,193
Gross Unrealized Appreciation 451 0
Gross Unrealized Depreciation 5,665 7,253
Fair Value 81,788 59,940
Allowance for Credit Losses 0 0
Carrying Value 81,788 59,940
Corporate bonds | Financial services    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 152,329 132,849
Gross Unrealized Appreciation 743 851
Gross Unrealized Depreciation 7,381 9,408
Fair Value 145,691 124,292
Allowance for Credit Losses 1 3
Carrying Value 145,690 124,289
Mortgage-backed securities    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 23,800 20,450
Gross Unrealized Appreciation 11 0
Gross Unrealized Depreciation 2,328 2,750
Fair Value 21,483 17,700
Allowance for Credit Losses 0 0
Carrying Value 21,483 17,700
Collateralized mortgage obligations | Government National Mortgage Association    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 164,666 97,839
Gross Unrealized Appreciation 1,282 0
Gross Unrealized Depreciation 12,742 13,291
Fair Value 153,206 84,548
Allowance for Credit Losses 0 0
Carrying Value 153,206 84,548
Collateralized mortgage obligations | Federal Home Loan Mortgage Corporation    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 84,842 92,366
Gross Unrealized Appreciation 20 0
Gross Unrealized Depreciation 13,177 13,528
Fair Value 71,685 78,838
Allowance for Credit Losses 0 0
Carrying Value 71,685 78,838
Collateralized mortgage obligations | Federal National Mortgage Association    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 50,284 50,272
Gross Unrealized Appreciation 33 5
Gross Unrealized Depreciation 4,664 4,891
Fair Value 45,653 45,386
Allowance for Credit Losses 0 0
Carrying Value 45,653 45,386
Asset-backed securities    
Debt Securities, Available-for-Sale [Abstract]    
Cost or Amortized Cost 3,394 3,932
Gross Unrealized Appreciation 524 466
Gross Unrealized Depreciation 87 145
Fair Value 3,831 4,253
Allowance for Credit Losses 0 0
Carrying Value $ 3,831 $ 4,253