Condensed Consolidated Balance Sheets (Unaudited) - USD ($)	Jun. 30, 2016	Dec. 31, 2015
ASSETS
Fixed maturity investments, available for sale, at fair value (amortized cost $8,704,427 and $7,637,599)	$ 8,801,742	$ 7,691,186
Equity securities, available for sale, at fair value (cost $11,282,766 and $10,418,922)	14,938,567	14,702,845
TOTAL INVESTMENTS	23,740,309	22,394,031
Cash and cash equivalents	3,601,957	3,073,747
Restricted cash and cash equivalents	37,222	608,370
Other invested assets	980,000	980,000
Assumed reinsurance balances receivable	1,171,604	1,031,992
Accrued investment income	59,363	59,342
Property and equipment	126,911	130,740
Deferred policy acquisition costs	1,396,405	1,066,789
Prepaid expenses and other assets	1,259,459	1,042,249
TOTAL ASSETS	32,373,230	30,387,260
LIABILITIES
Unpaid losses and loss adjustment expenses	8,273,331	6,583,474
Unearned premium	3,774,062	2,883,203
Assumed reinsurance balances payable	460	269,055
Accrued expenses and other liabilities	3,180,023	3,129,906
TOTAL LIABILITIES	15,227,876	12,865,638
SHAREHOLDERS’ EQUITY
Common shares, $1 par value, 2016 and 2015: 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	14,351,907	14,213,781
Accumulated other comprehensive income	3,753,116	4,337,510
Shares held by Subsidiary (342,992 and 345,610 shares) at cost	(8,242,215)	(8,312,215)
TOTAL SHAREHOLDERS’ EQUITY	17,145,354	17,521,622
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 32,373,230	$ 30,387,260