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Note 4 - Fair Value Measurements - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)
Sep. 30, 2020
Dec. 31, 2019
Investments in available-for-sale securities, at fair value $ 36,667,727 $ 33,152,892
Funds withheld embedded derivative (138,529)
Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 46,652,682 43,294,395
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 8,482,004 9,802,333
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 38,122,407 33,300,462
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value 48,271 191,600
Fixed Maturities [Member]    
Investments in available-for-sale securities, at fair value 36,667,727 33,152,892
Fixed Maturities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 36,667,727 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 696,932 632,639
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 35,783,995 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 186,800 191,600
Fixed Maturities [Member] | US Treasury Securities [Member]    
Investments in available-for-sale securities, at fair value 696,932 632,639
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 696,932 632,639
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 696,932 632,639
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 22,102,425 20,084,397
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 22,102,425 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 21,915,625 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 186,800 191,600
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member]    
Investments in available-for-sale securities, at fair value 6,871,172 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 6,871,172 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 6,871,172 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 2,983,086 2,133,893
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 2,983,086 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 2,983,086 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 4,014,112 3,246,904
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 4,014,112 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 4,014,112 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 10,123,484 10,141,503
Equity Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 10,123,484 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 7,785,072 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 2,338,412 971,809
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 7,876,172 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 7,785,072 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 91,100 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 2,247,312 926,809
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 2,247,312 926,809
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 (138,529)  
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 $ (138,529)