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Note 4 - Fair Value Measurements - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
Investments in available-for-sale securities, at fair value $ 36,152,521 $ 33,152,892
Funds withheld embedded derivative (637,033)
Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 44,656,988 43,294,395
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 7,746,373 9,802,333
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 37,356,048 33,300,462
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value   191,600
Total including embeded derivative (445,433)  
Fixed Maturities [Member]    
Investments in available-for-sale securities, at fair value 36,152,521 33,152,892
Fixed Maturities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 36,152,521 33,152,892
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 674,765 632,639
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 35,286,156 32,328,653
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value 191,600 191,600
Fixed Maturities [Member] | US Treasury Securities [Member]    
Investments in available-for-sale securities, at fair value 674,765 632,639
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 674,765 632,639
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 674,765 632,639
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Corporate Debt Securities [Member]    
Investments in available-for-sale securities, at fair value 21,874,674 20,084,397
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 21,874,674 20,084,397
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 21,683,074 19,892,797
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value 191,600 191,600
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member]    
Investments in available-for-sale securities, at fair value 6,832,005 7,055,059
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 6,832,005 7,055,059
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 6,832,005 7,055,059
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Redeemable Preferred Stock [Member]    
Investments in available-for-sale securities, at fair value 3,058,293 2,133,893
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 3,058,293 2,133,893
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 3,058,293 2,133,893
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member]    
Investments in available-for-sale securities, at fair value 3,712,784 3,246,904
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 3,712,784 3,246,904
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 3,712,784 3,246,904
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value
Equity Securities [Member]    
Investments in available-for-sale securities, at fair value 9,141,500 10,141,503
Equity Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 9,141,500 10,141,503
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 7,071,608 9,169,694
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 2,069,892 971,809
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value
Equity Securities [Member] | Common Stock [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 7,162,008 9,214,694
Equity Securities [Member] | Common Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 7,071,608 9,169,694
Equity Securities [Member] | Common Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 90,400 45,000
Equity Securities [Member] | Common Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value
Equity Securities [Member] | Preferred Stock [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 1,979,492 926,809
Equity Securities [Member] | Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value
Equity Securities [Member] | Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 1,979,492 926,809
Equity Securities [Member] | Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member]    
Funds withheld embedded derivative (637,033)  
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Funds withheld embedded derivative  
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Funds withheld embedded derivative  
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Funds withheld embedded derivative $ (637,033)