XML 56 R23.htm IDEA: XBRL DOCUMENT v2.4.0.6
Investments (Tables)
3 Months Ended
Mar. 31, 2013
Investments [Abstract]  
Summary of amortized cost, gross unrealized gains and losses, and estimated fair value available-for-sale securities
                                 
    Amortized
Cost
    Gross
Unrealized
Gain
    Gross
Unrealized
Loss
    Fair
Value
 

As of March 31, 2013

                               

Fixed-maturity securities

                               

U.S. Treasury and U.S. government agencies

  $ 1,669       89       —         1,758  

Corporate bonds

    10,569       551       (3     11,117  

Commercial mortgage-backed securities

    9,944       801       (4     10,741  

State, municipalities, and political subdivisions

    9,747       918       (1     10,664  

Redeemable preferred stock

    818       19       —         837  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 32,747       2,378       (8     35,117  
   

 

 

   

 

 

   

 

 

   

 

 

 

Equity securities

  $ 9,407       648       (111     9,944  
   

 

 

   

 

 

   

 

 

   

 

 

 
         

As of December 31, 2012

                               

Fixed-maturity securities

                               

U.S. Treasury and U.S. government agencies

  $ 1,359       88       —         1,447  

Corporate bonds

    10,298       572       (10     10,860  

Commercial mortgage-backed securities

    10,708       936       —         11,644  

State, municipalities, and political subdivisions

    10,152       914       —         11,066  

Redeemable preferred stock

    919       18       (1     936  
   

 

 

   

 

 

   

 

 

   

 

 

 

Total

  $ 33,436       2,528       (11     35,953  
   

 

 

   

 

 

   

 

 

   

 

 

 

Equity securities

  $ 8,756       303       (183     8,876  
   

 

 

   

 

 

   

 

 

   

 

 

 
Scheduled maturities of fixed-maturity securities
                 
    Amortized
Cost
    Estimated
Fair Value
 

Available-for-sale

               

Due in one year or less

  $ 1,454       1,457  

Due after one year through five years

    9,586       9,976  

Due after five years through ten years

    6,451       6,968  

Due after ten years

    5,312       5,975  

Commercial mortgage-backed securities

    9,944       10,741  
   

 

 

   

 

 

 
    $ 32,747       35,117  
   

 

 

   

 

 

 
Summary of proceeds received and gross realized gains and losses from sales of available for sale securities
                         
    Proceeds     Gross
Realized
Gains
    Gross
Realized
Losses
 

Three months ended March 31, 2013

                       

Fixed-maturity securities

  $ 1,037       32       —    
   

 

 

   

 

 

   

 

 

 

Equity securities

  $ 361       20       (32
   

 

 

   

 

 

   

 

 

 
       

Three months ended March 31, 2012

                       

Fixed-maturity securities

  $ 1,222       29       (3
   

 

 

   

 

 

   

 

 

 

Equity securities

  $ 100       —         (5
   

 

 

   

 

 

   

 

 

 
Summary of securities with gross unrealized loss positions aggregated by investment category
                                                 
    Less Than Twelve
Months
    Twelve Months or
Greater
    Total  
As of March 31, 2013   Gross
Unrealized
Loss
    Estimated
Fair
Value
    Gross
Unrealized
Loss
    Estimated
Fair
Value
    Gross
Unrealized
Loss
    Estimated
Fair
Value
 

Fixed-maturity securities

                                               

Corporate bonds

  $ (3     442       —         —         (3     442  

Commercial mortgage-backed securities

    (4     356       —         —         (4     356  

State, municipalities, and political subdivisions

    (1     226       —         —         (1     226  

Redeemable preferred stock

    —         54       —         —         —         54  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total fixed-maturity securities

    (8     1,078       —         —         (8     1,078  

Equity securities

    (80     2,652       (31     192       (111     2,844  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Total available-for-sale securities

  $ (88     3,730       (31     192       (119     3,922  
   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
Summary of other invested assets
                 
    March 31,
2013
    December 31,
2012
 

Land

  $ 10,993       10,993  

Land improvements

    1,328       1,326  

Buildings

    2,869       2,869  

Other

    1,303       1,238  
   

 

 

   

 

 

 

Total, at cost

    16,493       16,426  

Less: accumulated depreciation and amortization

    (434     (339
   

 

 

   

 

 

 

Other investments

  $ 16,059       16,087