SCHEDULE I --SUMMARY OF INVESTMENTS-OTHER THAN INVESTMENTS IN RELATED PARTIES

12 Months Ended

Dec. 31, 2018

SCHEDULE I -- SUMMARY OF INVESTMENTS-OTHER THAN INVESTMENTS IN RELATED PARTIES [Abstract]

SCHEDULE I -- SUMMARY OF INVESTMENTS-OTHER THAN INVESTMENTS IN RELATED PARTIES

SCHEDULE I

PROTECTIVE INSURANCE CORPORATION AND SUBSIDIARIES

SUMMARY OF INVESTMENTS

OTHER THAN INVESTMENTS IN RELATED PARTIES

(in thousands)

As of December 31, 2018

Type of Investment	Cost		Fair Value		Amount at Which Shown in the Consolidated Balance Sheet (1)
Fixed Income Securities:
Bonds:
Agency collateralized mortgage obligations	$	10,636	$	10,687	$	10,687
Agency mortgage-backed securities		37,168		37,385		37,385
Asset-backed securities		66,241		64,422		64,422
Bank loans		10,208		9,750		9,750
Certificates of deposit		2,835		2,835		2,835
Collateralized mortgage obligations		5,095		5,423		5,423
Corporate securities		196,925		190,450		190,450
Mortgage-backed securities		38,586		38,540		38,540
Municipal obligations		29,102		29,155		29,155
Non-U.S. government obligations		25,339		25,180		25,180
U.S. government obligations		178,369		178,818		178,818
Total fixed income securities		600,504		592,645		592,645
Equity Securities:
Common Stocks:
Consumer		15,963		17,945		17,945
Energy		3,981		3,179		3,179
Financial		23,111		25,253		25,253
Industrial		3,287		6,920		6,920
Technology		1,259		2,303		2,303
Funds (e.g. mutual funds, closed end funds, ETFs)		6,797		5,489		5,489
Other		5,032		5,333		5,333
Total equity securities		59,430		66,422		66,422
Commercial mortgage loans		6,672		6,672		6,672
Short-term:
Certificates of deposit		1,000		1,000		1,000
Total short-term and other		1,000		1,000		1,000
Total investments	$	667,606	$	666,739	$	666,739

⁽¹⁾ Amounts presented above do not include investments of $156,855 classified as cash and cash equivalents in the consolidated balance sheet.