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Note 5 - Reinsurance (Tables)
 9 Months Ended
Sep. 30, 2020
Notes Tables  
Effects of Reinsurance [Table Text Block]
   
Three-Month Periods Ended September 30,
  
   
2020
    
2019
  
WRITTEN
      
 
      
 
Direct
   $
14,534,058
     $
16,305,222
  
Reinsurance assumed
    
51,551
      
70,200
  
Reinsurance ceded
    
(2,328,734
 )    
(2,410,170
 )
Net
   $
12,256,875
     $
13,965,252
  
EARNED
      
 
      
 
Direct
   $
14,825,942
     $
16,007,232
  
Reinsurance assumed
    
51,108
      
64,863
  
Reinsurance ceded
    
(2,344,083
 )    
(2,392,349
 )
Net
   $
12,532,967
     $
13,679,746
  
LOSS AND SETTLEMENT EXPENSES INCURRED
      
 
      
 
Direct
   $
10,536,397
     $
13,034,216
  
Reinsurance assumed
    
6,073
      
36,297
  
Reinsurance ceded
    
(1,679,417
 )    
(3,461,166
 )
Net
   $
8,863,053
     $
9,609,347
  
   
Nine-Month Periods Ended September 30,
  
   
2020
    
2019
  
WRITTEN
      
 
      
 
Direct
   $
44,240,437
     $
48,349,466
  
Reinsurance assumed
    
114,924
      
178,446
  
Reinsurance ceded
    
(7,921,708
 )    
(7,730,458
 )
Net
   $
36,433,653
     $
40,797,454
  
EARNED
      
 
      
 
Direct
   $
44,710,106
     $
46,710,351
  
Reinsurance assumed
    
116,404
      
174,583
  
Reinsurance ceded
    
(7,904,808
 )    
(7,665,052
 )
Net
   $
36,921,702
     $
39,219,882
  
LOSSES AND SETTLEMENT EXPENSES INCURRED
      
 
      
 
Direct
   $
37,370,896
     $
37,778,378
  
Reinsurance assumed
    
44,409
      
119,498
  
Reinsurance ceded
    
(11,501,686
 )    
(9,780,507
 )
Net
   $
25,913,619
     $
28,117,369