Investments (Tables)

3 Months Ended

Mar. 31, 2013

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

The following table details the difference between cost or adjusted/amortized cost and estimated fair value, by major investment category, at March 31, 2013, and December 31, 2012:

	Cost or Adjusted/Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Fair Value
March 31, 2013
U.S. government and agency securities	$	88,356	$	188	$	259	$	88,285
States, municipalities and political subdivisions	23,021		2,125		22		25,124
Public utilities	5,132		233		—		5,365
All other corporate securities	68,438		1,974		147		70,265
Redeemable preferred stocks	226		2		—		228
Total fixed maturities	$	185,173	$	4,522	$	428	$	189,267
Public utilities	316		46		—		362
All other common stocks	2,869		515		11		3,373
Nonredeemable preferred stocks	272		—		8		264
Total equity securities	$	3,457	$	561	$	19	$	3,999
Other long-term investments	300		—		—		300
Total investments	$	188,930	$	5,083	$	447	$	193,566
December 31, 2012
U.S. government and agency securities	$	95,296	$	201	$	289	$	95,208
States, municipalities and political subdivisions	17,117		1,918		—		19,035
Public utilities	4,135		225		—		4,360
All other corporate securities	28,282		2,013		1		30,294
Redeemable preferred stocks	259		2		1		260
Total fixed maturities	$	145,089	$	4,359	$	291	$	149,157
Public utilities	316		16		6		326
All other common stocks	1,949		228		38		2,139
Nonredeemable preferred stocks	272		—		14		258
Total equity securities	$	2,537	$	244	$	58	$	2,723
Other long-term investments	300		—		—		300
Total investments	$	147,926	$	4,603	$	349	$	152,180

Schedule of Realized Gain (Loss)

The following table details our realized gains (losses) by major investment category for the three-month periods ended March 31, 2013, and 2012:

	2013					2012
	Gains (Losses)			Fair Value at Sale		Gains (Losses)			Fair Value at Sale
Three Months Ended March 31,
Fixed maturities	$	24		$	12,000	$	—		$	—
Realized gains on equity securities	18			105		90			737
Total realized gains	$	42		$	12,105	$	90		$	737
Fixed maturities	(54		)	16,996		—			—
Realized losses on equity securities	—			—		(9		)	153
Total realized losses	$	(54	)	$	16,996	$	(9	)	$	153
Net realized investment gains (losses)	$	(12	)	$	29,101	$	81		$	890

Investments Classified by Contractual Maturity Date

The table below summarizes our fixed maturities at March 31, 2013, by contractual maturity periods. Actual results may differ as issuers may have the right to call or prepay obligations, with or without penalties, prior to the contractual maturity of those obligations.

	March 31, 2013
	Cost or Amortized Cost		Percent of Total		Fair Value		Percent of Total
Due in one year or less	$	37,583	20.3	%	$	37,450	19.8	%
Due after one year through five years	82,382		44.5		82,919		43.8
Due after five years through ten years	33,534		18.1		35,533		18.8
Due after ten years	31,674		17.1		33,365		17.6
Total	$	185,173	100.0	%	$	189,267	100.0	%

Investment Income

The following table summarizes our net investment income by major investment category:

	Three Months Ended March 31,
	2013			2012
Fixed maturities	$	674		$	679
Equity securities	33			34
Cash, cash equivalents and short-term investments	10			23
Other investments	7			11
Net investment income	$	724		$	747
Investment expenses	(78		)	(71		)
Net investment income, less investment expenses	$	646		$	676

Schedule of Unrealized Loss on Investments

The following table presents an aging of our unrealized investment losses by investment class:

	Less Than Twelve Months					Twelve Months or More
	Number of Securities*	Gross Unrealized Losses		Fair Value		Number of Securities*	Gross Unrealized Losses		Fair Value
March 31, 2013
U.S. government and agency securities	16	$	259	$	37,774	—	$	—	$	—
States, municipalities and political subdivisions	5	22		4,892		—	—		—
Corporate securities	29	147		33,842		—	—		—
Redeemable preferred stocks	—	—		—		1	—		102
Total fixed maturities	50	$	428	$	76,508	1	$	—	$	102
All other common stocks	3	8		145		2	3		211
Nonredeemable preferred stocks	—	—		—		2	8		264
Total equity securities	3	$	8	$	145	4	$	11	$	475
Total	53	$	436	$	76,653	5	$	11	$	577
December 31, 2012
U.S. government and agency securities	13	$	289	$	44,174	—	$	—	$	—
Corporate securities	1	1		2,000		—	—		—
Redeemable preferred stocks	—	—		—		1	1		102
Total fixed maturities	14	$	290	$	46,174	1	$	1	$	102
Common stocks	16	41		620		1	3		53
Nonredeemable preferred stocks	—	—		—		2	14		258
Total equity securities	16	$	41	$	620	3	$	17	$	311
Total	30	$	331	$	46,794	4	$	18	$	413

* This amount represents the actual number of discrete securities, not the number of shares of those securities. The numbers are not presented in thousands.

Fair Value, Measurement Inputs, Disclosure

The following table presents the fair value of our financial instruments measured on a recurring basis by level at March 31, 2013, and December 31, 2012:

	Total		Level 1		Level 2
March 31, 2013
U.S. government and agency securities	$	88,285	$	24,651	$	63,634
States, municipalities and political subdivisions	25,124		—		25,124
Public utilities	5,365		—		5,365
Corporate securities	70,265		—		70,265
Redeemable preferred stocks	228		228		—
Total fixed maturities	$	189,267	$	24,879	$	164,388
Public utilities	362		362		—
Common stocks	3,373		3,373		—
Nonredeemable preferred stocks	264		264		—
Total equity securities	$	3,999	$	3,999	$	—
Other long-term investments	300		300		—
Total investments	$	193,566	$	29,178	$	164,388
December 31, 2012
U.S. government and agency securities	$	95,208	$	66,710	$	28,498
States, municipalities and political subdivisions	19,035		—		19,035
Corporate securities	34,654		—		34,654
Redeemable preferred stocks	260		260		—
Total fixed maturities	$	149,157	$	66,970	$	82,187
Common stocks	2,465		2,465		—
Nonredeemable preferred stocks	258		258		—
Total equity securities	$	2,723	$	2,723	$	—
Other long-term investments	300		300		—
Total investments	$	152,180	$	69,993	$	82,187