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Pledged Investments
3 Months Ended
Mar. 31, 2023
Pledged Investments [Abstract]  
Pledged Investments

6. Pledged Investments

We have pledged certain of our securities for the benefit of various state insurance departments and reinsurers. These securities are included with our available-for-sale debt securities because we have the ability to trade these securities. We retain the interest earned on these securities. These securities had a carrying value of $39.4 million and $40.9 million at March 31, 2023 and December 31, 2022, respectively.