4. Fair Value Measurements (Tables)

6 Months Ended

Jun. 30, 2013

Notes to Financial Statements

Schedule of Fair Value Measurements

The Company’s investments are allocated among pricing input levels at June 30, 2013 and December 31, 2012 as follows:

	June 30, 2013
($ in thousands)	Level 1		Level 2		Level 3		Total
	(unaudited)
Fixed-maturity securities
U.S. Treasury securities
and obligations of U.S.
government corporations
and agencies	$	-	$	-	$	-	$	-
Political subdivisions of
States, Territories and
Possessions		-		5,264		-		5,264
Corporate and other
bonds industrial and
miscellaneous		8,765		8,367		-		17,132
Total fixed maturities		8,765		13,631		-		22,396
Equity securities		7,190		-		-		7,190
Total investments	$	15,955	$	13,631	$	-	$	29,586

	December 31, 2012
($ in thousands)	Level 1		Level 2		Level 3		Total
Fixed-maturity securities
U.S. Treasury securities
and obligations of U.S.
government corporations
and agencies	$	-	$	-	$	-	$	-
Political subdivisions of
States, Territories and
Possessions		-		5,475		-		5,475
Corporate and other
bonds industrial and
miscellaneous		11,600		9,107		-		20,707
Total fixed maturities		11,600		14,582		-		26,182
Equity securities		5,290		-		-		5,290
Total investments	$	16,890	$	14,582	$	-	$	31,472