Reinsurance (Tables)

6 Months Ended

Jun. 30, 2018

Reinsurance [Abstract]

Summary of the Effects of Reinsurance

	Three-Month Periods Ended June 30,
	2018		2017
WRITTEN
Direct	$	16,024,661	$	13,821,048
Reinsurance assumed		39,681		63,549
Reinsurance ceded		(2,923,738)		(1,990,713)
Net	$	13,140,604	$	11,893,884
EARNED
Direct	$	14,175,677	$	12,580,381
Reinsurance assumed		41,420		67,956
Reinsurance ceded		(2,732,026)		(1,937,579)
Net	$	11,485,071	$	10,710,758
LOSS AND SETTLEMENT EXPENSES INCURRED
Direct	$	9,051,216	$	8,583,336
Reinsurance assumed		(1,374)		20,026
Reinsurance ceded		(1,259,255)		(1,739,104)
Net	$	7,790,587	$	6,864,258

	Six-Month Periods Ended June 30,
	2018		2017
WRITTEN
Direct	$	30,412,331	$	26,409,639
Reinsurance assumed		92,487		103,385
Reinsurance ceded		(5,390,711)		(3,966,942)
Net	$	25,114,107	$	22,546,082
EARNED
Direct	$	27,662,798	$	25,373,175
Reinsurance assumed		99,164		117,174
Reinsurance ceded		(4,979,947)		(3,941,485)
Net	$	22,782,015	$	21,548,864
LOSSES AND SETTLEMENT EXPENSES INCURRED
Direct	$	18,597,156	$	16,452,838
Reinsurance assumed		34,757		62,458
Reinsurance ceded		(2,845,477)		(3,051,654)
Net	$	15,786,436	$	13,463,642