FAIR VALUE (Tables)

9 Months Ended

Sep. 30, 2021

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

The Company’s financial instruments measured at fair value on a recurring basis and the level of the fair value hierarchy of inputs used consisted of the following:

	September 30, 2021
	Level 1		Level 2		Level 3		Total
	(In thousands)
Debt securities - available-for-sale, at fair value:
United States government obligations and authorities	$	39,660	$	55,469	$	—	$	95,129
Obligations of states and political subdivisions	—		20,456		—		20,456
Corporate securities	—		202,922		—		202,922
International securities	—		30,792		—		30,792
Debt securities, at fair value	39,660		309,639		—		349,299
Equity securities, at fair value	2,697		3,268		—		5,965
Total investments, at fair value	$	42,357	$	312,907	$	—	$	355,264
Other assets - embedded derivative, at fair value	$	—	$	—	$	10,725	$	10,725

	December 31, 2020
	Level 1		Level 2		Level 3		Total
	(In thousands)
Debt securities - available-for-sale, at fair value:
United States government obligations and authorities	$	38,511	$	133,264	$	—	$	171,775
Obligations of states and political subdivisions	—		22,264		—		22,264
Corporate securities	—		266,528		—		266,528
International securities	—		27,643		—		27,643
Debt securities, at fair value	38,511		449,699		—		488,210
Equity securities, at fair value	1,881		1,276		—		3,157
Total investments, at fair value	$	40,392	$	450,975	$	—	$	491,367