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Consolidated Statements of Operations - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Net premiums earned $ 4,684,710 $ 5,491,207
Net investment income 766,297 628,256
Realized investment (losses) gains, net (1,964,421) 851,651
Total revenues 3,486,586 6,971,114
Expenses    
Losses and loss adjustment expenses, net 3,185,603 3,321,676
Other underwriting expenses 2,338,904 3,500,377
Interest expense 595 1,366
Total expenses 5,525,102 6,823,419
Income (loss) before provision for income taxes (2,038,516) 147,695
Provision for income taxes (915,813) 55,906
Net income (loss) $ (1,122,703) $ 91,789
Income (loss) per common share    
Common stock - basic $ (0.31) $ 0.03
Common stock - diluted $ (0.31) $ 0.03