Condensed Consolidated Balance Sheets (USD $)	Sep. 30, 2012	Dec. 31, 2011
ASSETS
Fixed maturity investments, available for sale, at fair value (amortized cost $7,853,501 and $9,914,515)	$ 8,222,018	$ 10,448,847
Equity securities, available for sale, at fair value (cost $7,212,486 and $7,574,686)	12,840,652	12,296,703
TOTAL INVESTMENTS	21,062,670	22,745,550
Cash and cash equivalents	1,002,060	904,485
Restricted cash and cash equivalents	2,318,808	435,924
Assumed reinsurance balances receivable	283,775	183,518
Accrued investment income	88,599	94,539
Property and equipment	599,418	745,784
Deferred policy acquisition costs	251,294	146,226
Prepaid expenses and other assets	269,316	378,257
TOTAL ASSETS	25,875,940	25,634,283
LIABILITIES
Unpaid losses and loss adjustment expenses	1,489,900	1,043,443
Unearned premium	679,144	392,595
Assumed reinsurance balances payable		86,685
Accrued expenses and other liabilities	1,144,699	1,396,332
TOTAL LIABILITIES	3,313,743	2,919,055
SHAREHOLDERS' EQUITY
Common shares, $1 par value, 2012 and 2011: 2,000,000 shares authorized, 995,253 issued and outstanding	995,253	995,253
Additional paid-in-capital	6,287,293	6,287,293
Retained earnings	16,413,168	17,411,533
Accumulated other comprehensive income	5,996,683	5,256,349
Shares held by Subsidiary (308,560 and 311,633 shares) at cost	(7,130,200)	(7,235,200)
TOTAL SHAREHOLDERS' EQUITY	22,562,197	22,715,228
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 25,875,940	$ 25,634,283