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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
REVENUES    
Net premium earned $ 6,264,150 $ 7,681,628
Investment income 532,630 444,702
Net realized investments gains (losses) (8,149) 0
Other income (loss) (260,700) 55,689
Total Insurance Company Operation 6,527,931 8,182,019
Gross commissions and fees 547,445 606,657
Investment income 7 97
Finance fees earned 49,373 18,097
Other income 10,718 21
Total Revenues 7,135,474 8,806,891
EXPENSES    
Losses and loss adjustment expenses 5,154,443 7,801,757
Policy acquisition costs 1,086,713 1,621,505
Salaries and employee benefits 1,027,849 1,288,078
Commissions to agents/brokers 50,121 41,339
Other operating expenses 628,080 866,143
Total Expenses 7,947,206 11,618,822
Loss Before Income Taxes (811,732) (2,811,931)
Income Tax Benefit 140,658 604,680
Net Loss $ (671,074) $ (2,207,251)
Basic    
Loss per share $ (0.13) $ (0.42)
Weighted average shares 5,307,103 5,307,133
Diluted    
Loss per share $ (0.13) $ (0.42)
Weighted average shares 5,307,103 5,307,133