Reinsurance (Tables)

9 Months Ended

Sep. 30, 2018

Reinsurance [Abstract]

Summary of the Effects of Reinsurance

	Three-Month Periods Ended September 30,
	2018		2017
WRITTEN
Direct	$	16,170,176	$	14,117,001
Reinsurance assumed		16,199		114,391
Reinsurance ceded		(2,988,813)		(2,051,977)
Net	$	13,197,562	$	12,179,415
EARNED
Direct	$	15,088,986	$	13,131,193
Reinsurance assumed		17,500		111,311
Reinsurance ceded		(2,968,796)		(2,051,056)
Net	$	12,137,690	$	11,191,448
LOSS AND SETTLEMENT EXPENSES INCURRED
Direct	$	10,513,847	$	11,132,969
Reinsurance assumed		36,653		21,356
Reinsurance ceded		(1,938,927)		(3,090,924)
Net	$	8,611,573	$	8,063,401

	Nine-Month Periods Ended September 30,
	2018		2017
WRITTEN
Direct	$	46,582,507	$	40,526,640
Reinsurance assumed		108,686		217,776
Reinsurance ceded		(8,379,524)		(6,018,919)
Net	$	38,311,669	$	34,725,497
EARNED
Direct	$	42,751,784	$	38,504,368
Reinsurance assumed		116,663		228,486
Reinsurance ceded		(7,948,742)		(5,992,542)
Net	$	34,919,705	$	32,740,312
LOSSES AND SETTLEMENT EXPENSES INCURRED
Direct	$	29,111,003	$	27,585,807
Reinsurance assumed		71,410		83,814
Reinsurance ceded		(4,784,404)		(6,142,578)
Net	$	24,398,009	$	21,527,043