Consolidated Statements of Cash Flows (USD $)	9 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Cash Flows from Operating Activities:
Net Income	$ 3,095,686	$ 1,571,378
Depreciation	42,854	96,156
Bond amortization, net	121,496	75,046
Non Cash Share BasedCompensation	23,103	0
Premium, notes and investment income receivable	(1,109,012)	268,322
Reinsurance recoverable	3,440,791	3,022,832
Deferred policy acquisition costs	6,545	425,492
Other assets	80,801	14,936
Unpaid losses and loss adjustment expenses	(6,328,344)	(7,435,663)
Unearned premium	137,140	(2,006,111)
Advance premium and premium deposits	392,276	114,126
Accrued expenses and other liabilities	(1,107,530)	(271,793)
Income taxes current/deferred	504,215	(70,143)
Net Cash Used by Operating Activities	(699,979)	(4,195,422)
Investing Activities
Purchase of fixed maturity investments	(6,045,000)	(24,585,750)
Proceeds from maturity of fixed maturity investments	27,505,998	33,798,999
Net (increase) in short-term investments	(20,676,151)	(4,793,000)
(Additions) to property and equipment	(49,882)	(76,002)
Net Cash Provided by Investing Activities	734,965	4,344,247
Financing Activities
Dividends paid to shareholders	0	0
Proceeds from issuance of common stock	1,871	33,744
Repurchase of common stock	(10,959)	0
Net Cash Provided (Used) by Financing Activities	(9,088)	33,744
Net increase in cash	25,898	182,569
Cash at beginning of period	45,210	182,569
Cash at End of Period	71,108	301,081
Cash paid during the period for:
Interest	0	0
Income taxes	1,158,982	583,931
Supplemental Schedule on Non-Cash Investing Activities
(Write-offs) acquisition of fixed assets	$ (1,431,917)	$ (1,117,537)