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Consolidated Statements Of Cash Flows - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Operating Activities    
Net income $ 15,449 $ 13,396
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 1,884 1,701
Accretion of investments, net (733) (2,174)
Amortization of other intangible assets, net 418 619
Share-based compensation expense related to stock appreciation rights 224 168
Net gain on disposals of property (6) (16)
Net investment gains (925) (3,664)
Net gains on sale of other assets (2,768) 0
Net earnings from other investments (787) (640)
Provision for claims 2,403 1,815
Benefit for deferred income taxes (426) (2)
Changes in assets and liabilities:    
Increase in premium and fees receivable (919) (140)
Decrease in other assets 1,981 999
(Increase) decrease in lease assets (1,625) 98
(Increase) decrease in current income taxes recoverable (1,194) 523
Decrease in accounts payable and accrued liabilities (4,157) (1,033)
Increase (decrease) in lease liabilities 1,654 (22)
Decrease in current income taxes payable (276) 0
Payments of claims, net of recoveries (1,412) (1,758)
Net cash provided by operating activities 8,785 9,870
Investing Activities    
Purchases of fixed maturity securities (32,796) (31,974)
Purchases of equity securities (4,900) (5,097)
Purchases of short-term investments (28,510) (73,317)
Purchases of other investments (3,316) (5,244)
Purchases of other assets (4,536) 0
Proceeds from sales and maturities of fixed maturity securities 28,356 2,505
Proceeds from sales of equity securities 11,333 9,209
Proceeds from sales and maturities of short-term investments 27,468 99,662
Proceeds from sales and distributions of other investments and assets 7,304 4,186
Purchases of property (2,886) (4,342)
Proceeds from the sale of property 463 28
Net cash used in investing activities (2,020) (4,384)
Financing Activities    
Repurchases of common stock 0 (1,098)
Dividends paid (1,736) (1,733)
Net cash used in financing activities (1,736) (2,831)
Net Increase in Cash and Cash Equivalents 5,029 2,655
Cash and Cash Equivalents, Beginning of Period 24,654 24,031
Cash and Cash Equivalents, End of Period 29,683 26,686
Cash Paid During the Year for:    
Income tax payments, net 6,299 3,147
Non-cash net unrealized (gain) loss on investments, net of deferred tax (provision) benefit of $(114) and $126 for June 30, 2025 and 2024, respectively (417) 470
Adjustments to postretirement benefits obligation, net of deferred tax expense of $(13) and $0 for June 30, 2025 and 2024, respectively $ (50) $ 0