4. Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2013

Notes to Financial Statements

Schedule of Fair Value Measurements

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

	September 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		-		6,498		-		6,498
Corporate and other
bonds industrial and
miscellaneous		11,067		7,786		-		18,853
Total fixed maturities		11,067		14,284		-		25,351
Equity securities		6,790		-		-		6,790
Total investments	$	17,857	$	14,284	$	-	$	32,141

	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