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Consolidated Statements of Operations - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Revenues        
Net premiums earned $ 5,327,994 $ 5,238,279 $ 10,819,201 $ 11,191,657
Net investment income 939,865 828,041 2,419,772 1,274,283
Total revenues 6,267,859 6,066,320 13,238,973 12,465,940
Expenses        
Losses and loss adjustment expenses, net 4,267,440 4,638,383 7,589,116 7,988,084
Other underwriting expenses 2,785,060 2,909,821 6,285,437 5,957,411
Interest expense 413 1,706 1,779 3,472
Total expenses 7,052,913 7,549,910 13,876,332 13,948,967
Loss before provision for income taxes (785,054) (1,483,590) (637,359) (1,483,027)
Provision for income taxes (224,107) (288,124) (168,201) (337,382)
Net loss $ (560,947) $ (1,195,466) $ (469,158) $ (1,145,645)
Loss per common share        
Common stock - basic $ (0.16)   $ (0.13)  
Common stock - diluted (0.16)   (0.13)  
Common stock - basic and diluted $ (0.16)   $ (0.13)