Consolidated Balance Sheets - USD ($)	Mar. 31, 2019	Dec. 31, 2018
Assets
Available-for-sale bond securities, at fair value	$ 82,081,457	$ 85,206,669
Equity securities, at fair value	8,057,004	7,267,094
Equity securities, at net asset value	4,183,582	4,051,399
Short-term investments, at fair value	199,622	373,949
Total investments	94,521,665	96,899,111
Cash and cash equivalents	29,870,265	3,903,620
Accrued investment income	612,800	627,213
Premiums receivable	5,925,097	6,623,172
Reinsurance recoverable	8,207,848	7,956,043
Reinsurance premiums receivable	1,442,868	313,632
Income taxes recoverable	1,297,390	1,297,757
Unearned ceded premiums	337,395	259,747
Deferred acquisition costs	4,690,104	3,985,193
Deferred income taxes	1,276,227	1,676,091
Prepaid management fee	10,000,000
Other assets	652,936	486,615
Total assets	158,834,595	124,028,194
Liabilities
Losses and loss adjustment expenses	66,621,112	68,392,333
Unearned premiums	15,046,764	13,202,626
Reinsurance payable	2,694,563	1,203,027
Accounts payable, accrued, expenses, and other liabilities	2,137,276	3,805,354
Note payable	112,096	127,327
Due to affiliates	230,836	309,310
Total liabilities	86,842,647	87,039,977
Stockholders' equity
Common stock, no par value 10,000,000 shares authorized; 3,615,500 shares issued and outstanding	33,617,080
Additional paid-in capital	15,882,835	15,882,835
Retained earnings	22,427,187	22,335,398
Accumulated other comprehensive income (loss)	64,846	(1,230,016)
Total stockholders' equity	71,991,948	36,988,217
Total liabilities and stockholders' equity	$ 158,834,595	$ 124,028,194