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Note 4 - Fair Value Measurements - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Investments in available-for-sale securities, at fair value $ 35,178,702 $ 37,677,578
Funds withheld embedded derivative
Funds withheld embedded derivative
Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 45,028,440 47,552,446
Funds withheld embedded derivative   (653,294)
Funds withheld embedded derivative   653,294
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 7,582,156 7,420,060
Funds withheld embedded derivative  
Funds withheld embedded derivative  
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 36,808,837 39,292,292
Funds withheld embedded derivative  
Funds withheld embedded derivative  
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value 637,447 840,094
Funds withheld embedded derivative   (653,294)
Funds withheld embedded derivative   653,294
Fixed Maturities [Member]    
Investments in available-for-sale securities, at fair value 35,178,702 37,677,578
Fixed Maturities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 35,178,702 37,677,578
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 669,816 702,916
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 34,322,086 36,787,862
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value 186,800 186,800
Fixed Maturities [Member] | US Treasury Securities [Member]    
Investments in available-for-sale securities, at fair value 669,816 702,916
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 669,816 702,916
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 669,816 702,916
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 21,190,452 22,947,811
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 21,190,452 22,947,811
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 21,003,652 22,761,011
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 186,800 186,800
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member]    
Investments in available-for-sale securities, at fair value 6,437,570 6,796,654
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 6,437,570 6,796,654
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 6,437,570 6,796,654
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 2,897,207 2,990,215
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 2,897,207 2,990,215
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 2,897,207 2,990,215
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 3,983,657 4,239,982
Fixed Maturities [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 3,983,657 4,239,982
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 3,983,657 4,239,982
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 9,399,091 9,221,574
Equity Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 9,399,091 9,221,574
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 6,912,340 6,717,144
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 2,486,751 2,504,430
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 7,004,840 6,808,944
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 6,912,340 6,717,144
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 92,500 91,800
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 2,394,251 2,412,630
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 2,394,251 2,412,630
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 450,647  
Funds withheld embedded derivative (450,647)  
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Funds withheld embedded derivative  
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 embedded derivative  
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Funds withheld embedded derivative 450,647  
Funds withheld embedded derivative $ (450,647)