CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $) In Thousands, unless otherwise specified	12 Months Ended
	Dec. 31, 2011	Dec. 31, 2010	Dec. 31, 2009
Cash flow from operating activities:
Net loss	$ (430)	$ (7,996)	$ (10,289)
Adjustments to reconcile net loss to net cash provided (used) by operating activities:
Amortization of investment premium discount, net	1,249	1,039	642
Depreciation and amortization of property plant and equipment, net	168	221	188
Net realized investment gains	(2,725)	(6,777)	(1,117)
Provision for credit losses, net	18	23	30
(Recovery) provision for uncollectible premiums receivable	(5)	(44)	97
Non-cash compensation	263	431	333
Changes in operating assets and liabilities:
Premiums receivable	29	4,716	(7,055)
Prepaid reinsurance premiums	2,076	(96)	(4,783)
Reinsurance recoverable, net	5,951	7,264	1,578
Income taxes recoverable	2,393	4,676	(4,794)
Deferred income tax expense, net of other comprehensive income	(912)	(2,332)	1,916
Policy acquisition costs, net of amortization	161	388	(1,709)
Other assets	(308)	837	(1,710)
Unpaid losses and LAE	(6,547)	(4,081)	5,835
Unearned premiums	797	(3,721)	10,343
Premium deposits and customer credit balances	441	234	429
Income taxes payable	77	0	0
Bank overdraft	498	(821)	(442)
Accounts payable and accrued expenses	956	(440)	(1,106)
Net cash provided (used) by operating activities	4,150	(6,479)	(11,614)
Cash flow used by investing activities:
Proceeds from sale of investment securities	108,318	149,025	59,227
Purchases of investment securities available for sale	(113,251)	(153,969)	(141,753)
Purchases of property and equipment	(243)	(130)	(193)
Net cash used by investing activities	(5,176)	(5,074)	(82,719)
Cash flow provided (used) by financing activities:
Dividends paid	0	(477)	(1,920)
Acquisition of common Stock	0	0	(288)
Tax benefit related to non-cash compensation	25	39	160
Net cash provided (used) by financing activities	25	(438)	(2,048)
Net decrease in cash and short term investments	(1,001)	(11,991)	(96,380)
Cash and short term investments at beginning of period	16,206	28,197	124,577
Cash and short term investments at end of period	15,205	16,206	28,197
Supplemental disclosure of cash flow information:
Income taxes	0	0	178
Non-cash investing and finance activities:
Accrued dividends payable	$ 0	$ 0	$ 477