Consolidated Balance Sheets (USD $)	Dec. 31, 2011	Dec. 31, 2010
Available for sale:
Fixed maturities, at fair value (amortized cost: September 30, 2011 $101,718,787; December 31, 2010 $123,301,280)	$ 91,356,624	$ 126,711,982
Short-term investments, at cost	38,139,469	6,465,649
Total Investments	129,496,093	133,177,631
Cash	467,087	45,210
Accrued investment income	680,626	690,718
Premiums and notes receiveable, net	5,303,714	4,364,393
Reinsurance Recoverable:
Paid losses and loss adjustment expenses	60,300	48,877
Unpaid losses and loss adjustment expenses	7,974,664	11,816,314
Deferred policy acquisition costs	4,158,522	4,300,927
Property and equipment (net of accumulated depreciation)	230,781	1,630,574
Deferred income taxes	1,394,500	1,059,557
Other assets	608,758	540,519
Total Assets	150,375,045	157,674,720
Unpaid losses and loss adjustment expenses	54,486,843	61,559,695
Unearned premiums	15,912,276	15,929,948
Advance premium and premium deposits	818,006	829,746
Income taxes payable	0	1,175
Accrued expenses and other liabilities	3,309,605	6,000,340
Total Liabilities	74,526,730	84,320,904
Common stock, no par, authorized 10,000,000 shares; issued and outstanding shares 5,341,992 at December 31, 2011, and 5,333,081 at December 31, 2010	3,611,461	3,554,973
Accumulated other comprehensive income	959,604	2,251,063
Retained earnings	71,277,250	67,547,780
Total Stockholders Equity	75,848,315	73,353,816
Total Liabilities and Stockholders' Equity	$ 150,375,045	$ 157,674,720