Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Revenues
Net premiums earned	$ 128,497,920	$ 114,384,263
Ceding commission revenue	18,837,946	21,053,494
Net investment income	6,823,590	6,008,682
Net gains on investments	414,551	2,134,554
Other income	568,096	609,721
Total revenues	155,142,103	144,190,714
Expenses
Loss and loss adjustment expenses	62,634,716	82,849,210
Commission expense	33,929,333	33,364,629
Other underwriting expenses	25,692,727	25,909,962
Other operating expenses	3,634,583	2,456,473
Depreciation and amortization	2,448,932	2,973,440
Interest expense	3,513,655	4,002,531
Total expenses	131,853,946	151,556,245
Income (loss) from operations before taxes	23,288,157	(7,365,531)
Income tax expense (benefit)	4,929,721	(1,197,185)
Net income (loss)	18,358,436	(6,168,346)
Other comprehensive income, net of tax
Gross decrease in unrealized losses on available-for-sale-securities	111,446	4,644,308
Reclassification adjustment for losses included in net income (loss)	13,979	18,811
Net decrease in unrealized losses	125,425	4,663,119
Income tax (expense) benefit related to items of other comprehensive income (loss)	(26,338)	(979,254)
Other comprehensive income, net of tax	99,087	3,683,865
Comprehensive income (loss)	$ 18,457,523	$ (2,484,481)
Earnings (loss) per common share:
Basic (in dollars per share)	$ 1.60	$ (0.57)
Diluted (in dollars per share)	$ 1.48	$ (0.57)
Weighted average common shares outstanding
Weighted average common shares outstanding, Basic (in shares)	11,478,899	10,756,487
Weighted average common shares outstanding, Diluted (in shares)	12,423,769	10,756,487
Dividends declared and paid per common share (in dollars per share)	$ 0	$ 0