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Note 7 - Unpaid Losses and Settlement Expenses - Schedule of Liability for Unpaid Claims and Claim Adjustment Expense (Details) - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Gross $ 61,834,809 $ 61,576,000
Less: Ceded 14,521,219 13,020,000
Net 47,314,000 48,556,000
Current year, incurred 39,434,000 33,968,000
Prior years, incurred 5,099,000 732,000
Liability for Unpaid Claims and Claims Adjustment Expense, Incurred Claims, Total 44,533,000 34,700,000
Current year, paid 16,512,000 14,740,000
Prior years, paid 21,331,000 21,203,000
Total paid 37,843,000 35,943,000
Net unpaid losses and settlement expense - end of the period 54,004,000 47,314,000
Reinsurance recoverable on unpaid losses and settlement expense 13,610,295 14,521,219
Gross unpaid losses and settlement expense - end of the period $ 67,614,063 $ 61,834,809