XML 48 R38.htm IDEA: XBRL DOCUMENT v3.22.2
Reinsurance (Summary of the Effects of Reinsurance) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
WRITTEN        
Direct $ 21,228,432 $ 18,516,434 $ 40,794,615 $ 33,688,469
Reinsurance assumed 32,410 (34,245) 69,358 (6,347)
Reinsurance ceded (2,266,365) (2,898,257) (4,536,993) (5,371,425)
Net 18,994,477 15,583,932 36,326,980 28,310,697
EARNED        
Direct 19,231,944 15,576,595 37,496,644 30,058,645
Reinsurance assumed 25,851 (26,862) 67,479 11,960
Reinsurance ceded (2,233,153) (2,816,926) (4,522,804) (5,289,085)
Net 17,024,642 12,732,807 33,041,319 24,781,520
LOSSES AND SETTLEMENT EXPENSES INCURRED        
Direct 15,524,735 12,038,753 28,137,877 22,806,187
Reinsurance assumed 2,284 (15,194) 47,693 10,251
Reinsurance ceded (1,718,414) (3,359,279) (4,181,764) (6,349,452)
Total incurred $ 13,808,605 $ 8,664,280 $ 24,003,806 $ 16,466,986