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Note 4 - Fair Value Measurements - Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($)
Mar. 31, 2022
Dec. 31, 2021
Investments in available-for-sale securities, at fair value $ 35,382,239 $ 37,942,657
Funds withheld embedded derivative 0 0
Fair Value, Recurring [Member]    
Funds withheld embedded derivative   544,768
Investments, fair value 44,438,691 47,644,618
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Funds withheld embedded derivative   0
Investments, fair value 7,071,763 7,226,584
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Funds withheld embedded derivative   0
Investments, fair value 36,922,777 39,691,666
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Funds withheld embedded derivative   544,768
Investments, fair value 444,151 726,368
Fixed Maturities [Member]    
Investments in available-for-sale securities, at fair value 35,382,239 37,942,657
Fixed Maturities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 35,382,239 37,942,657
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Investments in available-for-sale securities, at fair value 0 0
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Investments in available-for-sale securities, at fair value 35,200,639 37,761,057
Fixed Maturities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Investments in available-for-sale securities, at fair value 181,600 181,600
Fixed Maturities [Member] | US Treasury Securities [Member]    
Investments in available-for-sale securities, at fair value 421,509 447,765
Fixed Maturities [Member] | US Treasury Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 421,509 447,765
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 0 0
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 421,509 447,765
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 0 0
Fixed Maturities [Member] | Corporate Debt Securities [Member]    
Investments in available-for-sale securities, at fair value 19,330,678 21,321,279
Fixed Maturities [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 19,330,678 21,321,279
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 0 0
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 19,149,078 21,139,679
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 181,600 181,600
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member]    
Investments in available-for-sale securities, at fair value 6,312,911 6,963,358
Fixed Maturities [Member] | US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 6,312,911 6,963,358
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 0 0
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 6,312,911 6,963,358
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 0 0
Fixed Maturities [Member] | Redeemable Preferred Stock [Member]    
Investments in available-for-sale securities, at fair value 3,912,946 3,621,526
Fixed Maturities [Member] | Redeemable Preferred Stock [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 3,912,946 3,621,526
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 0 0
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 3,912,946 3,621,526
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 0 0
Fixed Maturities [Member] | Collateralized Mortgage-Backed Securities [Member]    
Investments in available-for-sale securities, at fair value 5,404,195 5,588,729
Fixed Maturities [Member] | Collateralized Mortgage-Backed Securities [Member] | Fair Value, Recurring [Member]    
Investments in available-for-sale securities, at fair value 5,404,195 5,588,729
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 0 0
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 5,404,195 5,588,729
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 0 0
Equity Securities [Member] | Fair Value, Recurring [Member]    
Equity securities, fair value 8,793,901 9,157,193
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Equity securities, fair value 7,071,763 7,226,584
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Equity securities, fair value 1,722,138 1,930,609
Equity Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Equity securities, fair value 0 0
Equity Securities [Member] | Common Stock [Member] | Fair Value, Recurring [Member]    
Equity securities, fair value 7,164,863 7,319,584
Equity Securities [Member] | Common Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Equity securities, fair value 7,071,763 7,226,584
Equity Securities [Member] | Common Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Equity securities, fair value 93,100 93,000
Equity Securities [Member] | Common Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Equity securities, fair value 0 0
Equity Securities [Member] | Preferred Stock [Member] | Fair Value, Recurring [Member]    
Equity securities, fair value 1,629,038 1,837,609
Equity Securities [Member] | Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Equity securities, fair value 0 0
Equity Securities [Member] | Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Equity securities, fair value 1,629,038 1,837,609
Equity Securities [Member] | Preferred Stock [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Equity securities, fair value 0 $ 0
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member]    
Funds withheld embedded derivative 262,551  
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]    
Funds withheld embedded derivative 0  
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]    
Funds withheld embedded derivative 0  
Funds Withheld on Coinsurance Assets [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]    
Funds withheld embedded derivative $ 262,551