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

12 Months Ended

Dec. 31, 2019

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, 2019

Type of Investment	Cost		Fair Value		Amount at Which Shown in the Consolidated Balance Sheet (1)
Fixed Income Securities:
Bonds:
Agency collateralized mortgage obligations	$	11,557	$	12,093	$	12,093
Agency mortgage-backed securities		54,286		56,280		56,280
Asset-backed securities		107,028		106,397		106,397
Bank loans		14,932		14,568		14,568
Certificates of deposit		2,835		2,835		2,835
Collateralized mortgage obligations		5,123		5,616		5,616
Corporate securities		274,340		281,381		281,381
Mortgage-backed securities		46,685		47,463		47,463
Municipal obligations		35,749		36,286		36,286
Non-U.S. government obligations		23,889		24,179		24,179
U.S. government obligations		206,623		208,440		208,440
Total fixed income securities		783,047		795,538		795,538
Equity Securities:
Common Stocks:
Consumer		13,473		16,707		16,707
Energy		3,618		3,074		3,074
Financial		25,523		31,577		31,577
Industrial		3,476		4,927		4,927
Technology		1,056		2,817		2,817
Funds (e.g., mutual funds, closed end funds, ETFs)		10,313		9,460		9,460
Other		6,847		8,250		8,250
Total equity securities		64,306		76,812		76,812
Commercial mortgage loans		11,782		12,068		11,782
Short-term:
Certificates of deposit		1,000		1,000		1,000
Total short-term and other		1,000		1,000		1,000
Total investments	$	860,135	$	885,418	$	885,132

⁽¹⁾ Amounts presented above do not include investments of $59,780 classified as cash and cash equivalents in the consolidated balance sheet.