Note 6 - Investments (Tables)

9 Months Ended

Sep. 30, 2021

Notes Tables

Schedule of Unrealized Loss on Investments [Table Text Block]

(in thousands)	September 30, 2021
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities	$	15,207	$	49	$	9	$	15,247
States, municipalities and political subdivisions		1,580		4		—		1,584
Mortgage-backed		8,133		35		18		8,150
Asset-backed		253		—		—		253
Corporate		9,131		25		51		9,105
Total fixed maturities	$	34,304	$	113	$	78	$	34,339

(in thousands)	December 31, 2020
	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
Fixed maturities:
U.S. government, government agencies and authorities	$	9,999	$	105	$	—	$	10,104
States, municipalities and political subdivisions		1,447		7		—		1,454
Mortgage-backed		5,334		66		6		5,394
Corporate		3,708		56		—		3,764
Total fixed maturities	$	20,488	$	234	$	6	$	20,716

Investments Classified by Contractual Maturity Date [Table Text Block]

(in thousands)	September 30, 2021
	Amortized Cost		Estimated Fair Value
Due in one year or less	$	7,059	$	7,096
Due after one year through five years		18,368		18,404
Due after five years through ten years		5,669		5,640
Due after ten years		3,208		3,199
Total	$	34,304	$	34,339

Debt Securities, Available-for-sale, Unrealized Loss Position, Fair Value [Table Text Block]

(in thousands)	September 30, 2021
	Less than 12 Months				Greater than 12 Months				Total
	Estimated Fair Value		Unrealized Loss		Estimated Fair Value		Unrealized Loss		Estimated Fair Value		Unrealized Loss
Fixed maturities:
U.S. government, government agencies and authorities	$	7,334	$	9	$	—	$	—	$	7,334	$	9
States, municipalities and political subdivisions		100		—		—		—		100		—
Mortgage-backed		4,741		18		—		—		4,741		18
Asset-backed		128		—		—		—		128		—
Corporate		6,050		51		—		—		6,050		51
Total fixed maturities	$	18,353	$	78	$	—	$	—	$	18,353	$	78

(in thousands)	December 31, 2020
	Less than 12 Months				Greater than 12 Months				Total
	Estimated Fair Value		Unrealized Loss		Estimated Fair Value		Unrealized Loss		Estimated Fair Value		Unrealized Loss
Fixed maturities:
U.S. government, government agencies and authorities	$	511	$	—	$	—	$	—	$	511	$	—
Mortgage-backed		834		6		—		—		834		6
Total fixed maturities	$	1,345	$	6	$	—	$	—	$	1,345	$	6

Investment Income [Table Text Block]

(in thousands)	Three months ended September 30,						Nine months ended September 30,
	2021			2020			2021			2020
Investment income:
Interest from fixed maturities	$	62		$	69		$	160		$	250
Dividends		31			34			94			121
(Loss) income from limited liability investments		(14	)		19			31			31
Income from limited liability investments, at fair value		25			234			106			702
Income from real estate investments		200			200			600			600
Other		94			88			274			365
Gross investment income		398			644			1,265			2,069
Investment expenses		(9	)		(19	)		(52	)		(44	)
Net investment income	$	389		$	625		$	1,213		$	2,025

Realized Gain (Loss) on Investments [Table Text Block]

(in thousands)	Three months ended September 30,						Nine months ended September 30,
	2021			2020			2021			2020
Gross realized gains	$	193		$	164		$	505		$	380
Gross realized losses		(34	)		(223	)		(108	)		(223	)
Net realized gains (losses)	$	159		$	(59	)	$	397		$	157

Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block]

(in thousands)	Three months ended September 30,						Nine months ended September 30,
	2021			2020			2021			2020
Net gains recognized on equity investments sold during the period	$	—		$	1,505		$	13		$	1,505
Change in unrealized losses on equity investments held at end of the period		(39	)		(328	)		(248	)		(436	)
(Loss) gain on change in fair value of equity investments	$	(39	)	$	1,177		$	(235	)	$	1,069