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Reinsurance (Tables)
6 Months Ended
Jun. 30, 2021
Reinsurance [Abstract]  
Summary of the Effects of Reinsurance

Three-Month Periods Ended June 30,

2021

2020

WRITTEN

Direct

$

18,516,434

$

14,911,845

Reinsurance assumed

(34,245)

25,839

Reinsurance ceded

(2,898,257)

(3,215,430)

Net

$

15,583,932

$

11,722,254

EARNED

Direct

$

15,576,595

$

14,521,350

Reinsurance assumed

(26,862)

20,347

Reinsurance ceded

(2,816,926)

(3,166,951)

Net

$

12,732,807

$

11,374,746

LOSS AND SETTLEMENT EXPENSES INCURRED

Direct

$

12,038,753

$

18,072,820

Reinsurance assumed

(15,194)

11,818

Reinsurance ceded

(3,359,279)

(8,876,154)

Net

$

8,664,280

$

9,208,484

Six-Month Periods Ended June 30,

2021

2020

WRITTEN

Direct

$

33,688,469

$

29,706,379

Reinsurance assumed

(6,347)

63,373

Reinsurance ceded

(5,371,425)

(5,592,974)

Net

$

28,310,697

$

24,176,778

EARNED

Direct

$

30,058,645

$

29,884,164

Reinsurance assumed

11,960

65,296

Reinsurance ceded

(5,289,085)

(5,560,725)

Net

$

24,781,520

$

24,388,735

LOSSES AND SETTLEMENT EXPENSES INCURRED

Direct

$

22,806,187

$

26,834,499

Reinsurance assumed

10,251

38,336

Reinsurance ceded

(6,349,452)

(9,822,269)

Net

$

16,466,986

$

17,050,566