CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2025	Sep. 30, 2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income (loss)	$ 4,695	$ (4,680)
Adjustments to reconcile net income (loss) to net cash provided (used) in operating activities:
Capitalization of acquisition costs, net	(917)	(434)
Realized investment gains, net	(18)	(17)
Unrealized (gains) losses on equity securities	(2,528)	1,617
Losses from equity method investees	391	494
Compensation expense related to share awards	2	9
Benefit for credit losses		(10)
Depreciation and amortization	277	297
Deferred income tax expense (benefit)	464	(1,425)
Increase in receivables, net	(14,693)	(7,289)
Increase in insurance reserves and policyholder funds	24,472	6,460
Increase (decrease) in accounts payable and accrued expenses	2,783	(524)
Other, net	270	689
Net cash provided by (used in) operating activities	15,198	(4,813)
CASH FLOWS FROM INVESTING ACTIVITIES:
Proceeds from investments sold	13,447	40
Proceeds from investments matured, called or redeemed	13,406	9,963
Investments purchased	(42,301)	(10,916)
Additions to property and equipment	(465)	(126)
Net cash used in investing activities	(15,913)	(1,039)
CASH FLOWS FROM FINANCING ACTIVITIES:
Payment of dividends on common stock	(407)	(407)
Treasury stock acquired — net employee share-based compensation	(4)	(7)
Proceeds from revolving credit facility, net	0	1,000
Net cash (used in) provided by financing activities	(411)	586
Net decrease in cash and cash equivalents	(1,126)	(5,266)
Cash and cash equivalents at beginning of period	35,570	28,301
Cash and cash equivalents at end of period	34,444	23,035
SUPPLEMENTAL CASH FLOW INFORMATION:
Cash paid for interest	2,342	2,600
Cash paid for income taxes	$ 952	$ 580