XML 45 R31.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Fair Value Measurement (Assets and Liabilities Measured at Fair Value) (Details) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets:    
Fixed maturities, available-for-sale $ 3,544,137 $ 3,493,597
Fixed maturities, trading 50,106 48,324
Equity investments 137,914 151,295
Level 3    
Liabilities:    
Other liabilities 6,500 6,500
U.S. Treasury obligations    
Assets:    
Fixed maturities, available-for-sale 240,889 243,525
U.S. Government-sponsored enterprise obligations    
Assets:    
Fixed maturities, available-for-sale 18,927 18,724
State and municipal bonds    
Assets:    
Fixed maturities, available-for-sale 474,265 454,381
Corporate debt, limited observable inputs | Level 3    
Assets:    
Fixed maturities, available-for-sale 66,208 82,377
Residential mortgage-backed securities    
Assets:    
Fixed maturities, available-for-sale 450,052 430,137
Agency commercial mortgage-backed securities    
Assets:    
Fixed maturities, available-for-sale 7,950 8,387
Other commercial mortgage-backed securities    
Assets:    
Fixed maturities, available-for-sale 229,029 189,474
Other asset-backed securities    
Assets:    
Fixed maturities, available-for-sale 408,973 398,395
Recurring    
Assets:    
Total assets categorized within the fair value hierarchy 4,225,707 4,240,936
Recurring | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, trading 50,106 48,324
Other assets 7,674 3,876
Total assets categorized within the fair value hierarchy 3,979,564 3,995,481
Liabilities:    
Other liabilities 15,550 10,530
Total liabilities categorized within the fair value hierarchy 15,550 10,530
Recurring | Level 1    
Assets:    
Fixed maturities, trading 0 0
Other assets 0 0
Total assets categorized within the fair value hierarchy 233,085 307,270
Liabilities:    
Other liabilities 9,050 4,030
Total liabilities categorized within the fair value hierarchy 9,050 4,030
Recurring | Level 2    
Assets:    
Fixed maturities, trading 50,106 48,324
Other assets 7,674 3,876
Total assets categorized within the fair value hierarchy 3,672,154 3,591,057
Liabilities:    
Other liabilities 0 0
Total liabilities categorized within the fair value hierarchy 0 0
Recurring | Level 3    
Assets:    
Fixed maturities, trading 0 0
Other assets 0 0
Total assets categorized within the fair value hierarchy 74,325 97,154
Liabilities:    
Other liabilities 6,500 6,500
Total liabilities categorized within the fair value hierarchy 6,500 6,500
Recurring | U.S. Treasury obligations | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 240,889 243,525
Recurring | U.S. Treasury obligations | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | U.S. Treasury obligations | Level 2    
Assets:    
Fixed maturities, available-for-sale 240,889 243,525
Recurring | U.S. Treasury obligations | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | U.S. Government-sponsored enterprise obligations | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 18,927 18,724
Recurring | U.S. Government-sponsored enterprise obligations | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | U.S. Government-sponsored enterprise obligations | Level 2    
Assets:    
Fixed maturities, available-for-sale 18,927 18,724
Recurring | U.S. Government-sponsored enterprise obligations | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | State and municipal bonds | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 474,265 454,381
Recurring | State and municipal bonds | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | State and municipal bonds | Level 2    
Assets:    
Fixed maturities, available-for-sale 474,265 454,381
Recurring | State and municipal bonds | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, multiple observable inputs | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 1,647,844 1,668,197
Recurring | Corporate debt, multiple observable inputs | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, multiple observable inputs | Level 2    
Assets:    
Fixed maturities, available-for-sale 1,647,844 1,668,197
Recurring | Corporate debt, multiple observable inputs | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, limited observable inputs | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 66,208 82,377
Recurring | Corporate debt, limited observable inputs | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, limited observable inputs | Level 2    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Corporate debt, limited observable inputs | Level 3    
Assets:    
Fixed maturities, available-for-sale 66,208 82,377
Recurring | Residential mortgage-backed securities | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 450,052 430,137
Recurring | Residential mortgage-backed securities | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Residential mortgage-backed securities | Level 2    
Assets:    
Fixed maturities, available-for-sale 450,052 429,883
Recurring | Residential mortgage-backed securities | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 254
Recurring | Agency commercial mortgage-backed securities | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 7,950 8,387
Recurring | Agency commercial mortgage-backed securities | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Agency commercial mortgage-backed securities | Level 2    
Assets:    
Fixed maturities, available-for-sale 7,950 8,387
Recurring | Agency commercial mortgage-backed securities | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Other commercial mortgage-backed securities | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 229,029 189,474
Recurring | Other commercial mortgage-backed securities | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Other commercial mortgage-backed securities | Level 2    
Assets:    
Fixed maturities, available-for-sale 229,029 188,464
Recurring | Other commercial mortgage-backed securities | Level 3    
Assets:    
Fixed maturities, available-for-sale 0 1,010
Recurring | Other asset-backed securities | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Fixed maturities, available-for-sale 408,973 398,395
Recurring | Other asset-backed securities | Level 1    
Assets:    
Fixed maturities, available-for-sale 0 0
Recurring | Other asset-backed securities | Level 2    
Assets:    
Fixed maturities, available-for-sale 406,832 395,245
Recurring | Other asset-backed securities | Level 3    
Assets:    
Fixed maturities, available-for-sale 2,141 3,150
Recurring | Financial | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 12,308 12,042
Recurring | Financial | Level 1    
Assets:    
Equity investments 9,750 9,464
Recurring | Financial | Level 2    
Assets:    
Equity investments 2,270 2,287
Recurring | Financial | Level 3    
Assets:    
Equity investments 288 291
Recurring | Utilities/Energy | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 1,258 1,256
Recurring | Utilities/Energy | Level 1    
Assets:    
Equity investments 1,258 1,256
Recurring | Utilities/Energy | Level 2    
Assets:    
Equity investments 0 0
Recurring | Utilities/Energy | Level 3    
Assets:    
Equity investments 0 0
Recurring | Industrial | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 4,946 4,946
Recurring | Industrial | Level 1    
Assets:    
Equity investments 0 0
Recurring | Industrial | Level 2    
Assets:    
Equity investments 0 0
Recurring | Industrial | Level 3    
Assets:    
Equity investments 4,946 4,946
Recurring | Bond funds | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 101,571 114,901
Recurring | Bond funds | Level 1    
Assets:    
Equity investments 101,571 114,901
Recurring | Bond funds | Level 2    
Assets:    
Equity investments 0 0
Recurring | Bond funds | Level 3    
Assets:    
Equity investments 0 0
Recurring | All other | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Equity investments 17,831 18,150
Recurring | All other | Level 1    
Assets:    
Equity investments 17,831 18,150
Recurring | All other | Level 2    
Assets:    
Equity investments 0 0
Recurring | All other | Level 3    
Assets:    
Equity investments 0 0
Recurring | Short-term investments | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Short-term and other investments 184,001 235,785
Recurring | Short-term investments | Level 1    
Assets:    
Short-term and other investments 102,675 163,499
Recurring | Short-term investments | Level 2    
Assets:    
Short-term and other investments 81,326 72,286
Recurring | Short-term investments | Level 3    
Assets:    
Short-term and other investments 0 0
Recurring | Other investments | Fair Value, Inputs, Level 1, 2 and 3    
Assets:    
Short-term and other investments 55,732 62,604
Recurring | Other investments | Level 1    
Assets:    
Short-term and other investments 0 0
Recurring | Other investments | Level 2    
Assets:    
Short-term and other investments 54,990 57,478
Recurring | Other investments | Level 3    
Assets:    
Short-term and other investments 742 5,126
Recurring | Equity investments | Fair Value Measured at Net Asset Value Per Share | Investment in unconsolidated subsidiaries    
Assets:    
Total assets categorized within the fair value hierarchy $ 246,143 $ 245,455