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Note 7 - Investments (Tables)
12 Months Ended
Dec. 31, 2022
Notes Tables  
Schedule of Available-for-Sale Securities Reconciliation [Table Text Block]

(in thousands)

 

December 31, 2022

 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Estimated Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 

Fixed maturities:

                

U.S. government, government agencies and authorities

 $15,797  $  $717  $15,080 

States, municipalities and political subdivisions

  2,390      158   2,232 

Mortgage-backed

  9,058   1   647   8,412 

Asset-backed

  1,682      72   1,610 

Corporate

  11,200   1   944   10,257 

Total fixed maturities

 $40,127  $2  $2,538  $37,591 

(in thousands)

 

December 31, 2021

 
      

Gross

  

Gross

     
  

Amortized

  

Unrealized

  

Unrealized

  

Estimated Fair

 
  

Cost

  

Gains

  

Losses

  

Value

 

Fixed maturities:

                

U.S. government, government agencies and authorities

 $16,276  $31  $84  $16,223 

States, municipalities and political subdivisions

  1,880   3   5   1,878 

Mortgage-backed

  7,679   18   68   7,629 

Asset-backed

  449      4   445 

Corporate

  9,605   15   129   9,491 

Total fixed maturities

 $35,889  $67  $290  $35,666 
Investments Classified by Contractual Maturity Date [Table Text Block]

(in thousands)

 

December 31, 2022

 
      

Estimated Fair

 
  

Amortized Cost

  

Value

 

Due in one year or less

 $7,163  $7,034 

Due after one year through five years

  26,317   24,628 

Due after five years through ten years

  2,239   1,982 

Due after ten years

  4,408   3,947 

Total

 $40,127  $37,591 
Debt Securities, Available-for-Sale, Unrealized Loss Position, Fair Value [Table Text Block]

(in thousands)

                 

December 31, 2022

 
  

Less than 12 Months

  

Greater than 12 Months

  

Total

 
  

Estimated

  

Unrealized

  

Estimated

  

Unrealized

  

Estimated

  

Unrealized

 
  

Fair Value

  

Loss

  

Fair Value

  

Loss

  

Fair Value

  

Loss

 

Fixed maturities:

                        

U.S. government, government agencies and authorities

 $4,543  $126  $10,537  $591  $15,080  $717 

States, municipalities and political subdivisions

  1,040   73   937   85   1,977   158 

Mortgage-backed

  2,248   93   5,756   554   8,004   647 

Asset-backed

  1,251   39   299   33   1,550   72 

Corporate

  3,244   155   6,760   789   10,004   944 

Total fixed maturities

 $12,326  $486  $24,289  $2,052  $36,615  $2,538 

(in thousands)

                 

December 31, 2021

 
  

Less than 12 Months

  

Greater than 12 Months

  

Total

 
  

Estimated

  

Unrealized

  

Estimated

  

Unrealized

  

Estimated

  

Unrealized

 
  

Fair Value

  

Loss

  

Fair Value

  

Loss

  

Fair Value

  

Loss

 

Fixed maturities:

                        

U.S. government, government agencies and authorities

 $12,077  $84  $  $  $12,077  $84 

States, municipalities and political subdivisions

  846   5         846   5 

Mortgage-backed

  5,388   68         5,388   68 

Asset-backed

  445   4         445   4 

Corporate

  7,542   129         7,542   129 

Total fixed maturities

 $26,298  $290  $  $  $26,298  $290 
Investment Income [Table Text Block]

(in thousands)

 

Years ended December 31,

 
  

2022

  

2021

 

Investment income

        

Interest from fixed maturities

 $556  $242 

Dividends

  159   125 

Income from limited liability investments

  293   27 

Income from limited liability investments, at fair value

  4   106 

Income from real estate investments

  795   800 

Other

  612   364 

Gross investment income

  2,419   1,664 

Investment expenses

  (114)  (89)

Net investment income

 $2,305  $1,575 
Realized Gain (Loss) on Investments [Table Text Block]

(in thousands)

 

Years ended December 31,

 
  

2022

  

2021

 

Gross realized gains

 $1,648  $1,917 

Gross realized losses

  (439)  (108)

Net realized gains

 $1,209  $1,809 
Fair Value, Measured on Recurring Basis, Gain (Loss) Included in Earnings [Table Text Block]

(in thousands)

 

Years ended December 31,

 
  

2022

  

2021

 

Net gain recognized on equity investments sold during the period

 $  $13 

Change in unrealized losses on equity investments held at end of the period

  (26)  (255)

Loss on change in fair value of equity investments

 $(26) $(242)