Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
ASSETS
Fixed maturity investments, at fair value (amortized cost $0 and $19,761,231)	$ 0	$ 20,344,127
TOTAL INVESTMENTS	0	20,344,127
Cash and cash equivalents	3,982,010	5,732,110
Restricted cash and cash equivalents	25,552,236	4,964,126
Assumed reinsurance premiums receivable	0	2,221,664
Accrued investment income	0	147,975
Property and equipment	950,251	1,098,420
Deferred income taxes	1,654,000	1,614,000
Deferred policy acquisition costs	0	724,509
Prepaid expenses and other assets	1,078,604	1,476,187
TOTAL ASSETS	33,217,101	38,323,118
LIABILITIES
Unpaid losses and loss adjustment expenses	41,284	20,936,677
Unearned premiums	0	4,622,666
Assumed reinsurance payable	26,076,114	3,175,098
Accrued expenses and other liabilities	2,543,502	3,689,620
TOTAL LIABILITIES	28,660,900	32,424,061
COMMITMENTS AND CONTINGENCIES
SHAREHOLDERS’ EQUITY
Common shares, $1 par value, 2021 and 2020: 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	6,546,151	7,250,194
Accumulated other comprehensive income	0	582,896
Shares held by Subsidiary (375,861 and 374,141 shares) at cost	(9,272,496)	(9,216,579)
TOTAL SHAREHOLDERS’ EQUITY	4,556,201	5,899,057
TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY	$ 33,217,101	$ 38,323,118