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Condensed Consolidated Statements of Earnings and Comprehensive Earnings - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Condensed Consolidated Statements of Earnings and Comprehensive Earnings [Abstract]    
Net premiums earned $ 16,016,677 $ 12,048,713
Net investment income 917,081 801,406
Net realized investment gains 207,585 186,709
Net unrealized (losses) gains on equity securities (1,292,692) 876,316
Other income 159,431 46,716
Consolidated revenues 16,008,082 13,959,860
Losses and settlement expenses 10,195,201 7,802,706
Policy acquisition costs and other operating expenses 5,772,400 4,467,578
Interest expense on debt 61,011 53,702
General corporate expenses 189,415 163,982
Total expenses 16,218,027 12,487,968
(Loss) earnings before income taxes (209,945) 1,471,892
Total income tax (benefit) expense (49,805) 309,951
Net (loss) earnings (160,140) 1,161,941
Unrealized gains and losses on fixed maturity securities:    
Other comprehensive loss, net of tax (4,969,069) (2,226,522)
Comprehensive loss $ (5,129,209) $ (1,064,581)
Basic:    
Basic net (loss) earnings per share $ (0.05) $ 0.38
Diluted:    
Diluted net (loss) earnings per share $ (0.05) $ 0.38
Weighted average number of common shares outstanding:    
Basic 3,060,208 3,034,233
Diluted 3,072,176 3,044,479