Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2019

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 June 30, 2019 and December 31, 2018, by level within the fair value hierarchy.

	June 30, 2019
	Level 1		Level 2		Level 3		Total
	(in thousands)
Assets
Fixed maturities:
U.S. Treasury securities and obligations of U.S. government agencies	$	113	$	—	$	—	$	113
Obligations of states, municipalities and political subdivisions	—		131,961		—		131,961
Corporate and other securities	—		129,216		—		129,216
Commercial mortgage and asset-backed securities	—		177,865		—		177,865
Residential mortgage-backed securities	—		150,922		—		150,922
Total fixed maturities	113		589,964		—		590,077
Equity securities:
Exchange traded funds	46,396		—		—		46,396
Nonredeemable preferred stock	—		19,514		—		19,514
Total equity securities	46,396		19,514		—		65,910
Total	$	46,509	$	609,478	$	—	$	655,987

	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
Commercial mortgage and 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