Note 5 - Reinsurance (Tables)

3 Months Ended

Mar. 31, 2024

Notes Tables

Effects of Reinsurance [Table Text Block]

	Three-Month Periods Ended March 31,
	2024			2023
WRITTEN
Direct	$	23,735,559		$	20,814,526
Reinsurance assumed		47,776			38,726
Reinsurance ceded		(3,339,331	)		(2,340,640	)
Net	$	20,444,004		$	18,512,612
EARNED
Direct	$	23,545,004		$	20,243,436
Reinsurance assumed		47,620			41,702
Reinsurance ceded		(3,370,258	)		(2,483,841	)
Net	$	20,222,366		$	17,801,297
LOSS AND SETTLEMENT EXPENSES INCURRED
Direct	$	14,119,451		$	13,266,429
Reinsurance assumed		63,722			9,241
Reinsurance ceded		(1,846,245	)		(2,227,989	)
Net	$	12,336,928		$	11,047,681