XML 47 R31.htm IDEA: XBRL DOCUMENT v3.10.0.1
Fair value measurements (Tables)
12 Months Ended
Dec. 31, 2018
Fair Value Disclosures [Abstract]  
Assets Measured at Fair Value on a Recurring Basis
The following tables present the balances of assets measured at fair value on a recurring basis as of December 31, 2018 and 2017, by level within the fair value hierarchy.
 
 
December 31, 2018
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
(in thousands)
Assets
 
 
 
 
 
 
 
 
Fixed maturities:
 
 
 
 
 
 
 
 
U.S. Treasury securities and obligations of U.S. government agencies
 
$
611

 
$

 
$

 
$
611

Obligations of states, municipalities and political subdivisions
 

 
154,600

 

 
154,600

Corporate and other securities
 

 
96,752

 

 
96,752

Asset-backed securities
 

 
149,867

 

 
149,867

Residential mortgage-backed securities
 

 
108,421

 

 
108,421

Total fixed maturities
 
611

 
509,640

 

 
510,251

 
 
 
 
 
 
 
 
 
Equity securities:
 
 
 
 
 
 
 
 
Exchange traded funds
 
38,987

 

 

 
38,987

Nonredeemable preferred stock
 

 
18,724

 

 
18,724

Total equity securities
 
38,987

 
18,724

 

 
57,711

Total
 
$
39,598

 
$
528,364

 
$

 
$
567,962

 
 
December 31, 2017
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
(in thousands)
Assets
 
 
 
 
 
 
 
 
Fixed maturities:
 
 
 
 
 
 
 
 
U.S. Treasury securities and obligations of U.S. government agencies
 
$
9,098

 
$

 
$

 
$
9,098

Obligations of states, municipalities and political subdivisions
 

 
164,326

 

 
164,326

Corporate and other securities
 

 
71,631

 

 
71,631

Asset-backed securities
 

 
95,360

 

 
95,360

Residential mortgage-backed securities
 

 
84,776

 

 
84,776

Total fixed maturities
 
9,098

 
416,093

 

 
425,191

 
 
 
 
 
 
 
 
 
Equity securities:
 
 
 
 
 
 
 
 
Exchange traded funds
 
34,380

 

 

 
34,380

Nonredeemable preferred stock
 

 
19,752

 

 
19,752

Total equity securities
 
34,380

 
19,752

 

 
54,132

Total
 
$
43,478

 
$
435,845

 
$

 
$
479,323