Condensed Consolidated Balance Sheets - USD ($)	Mar. 31, 2025	Dec. 31, 2024
Assets
Fixed-maturity securities, held-to-maturity, at amortized cost (fair value of $5,976,487 at March 31, 2025 and $5,959,265 at December 31, 2024)	$ 7,046,023	$ 7,047,342
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $216,882,931 at March 31, 2025 and $202,308,158 at December 31, 2024)	204,282,369	186,893,438
Equity securities, at fair value (cost of $13,527,554 at March 31, 2025 and $13,527,554 at December 31, 2024)	10,103,175	10,296,505
Other investments	4,437,733	4,380,656
Total investments	225,869,300	208,617,941
Cash and cash equivalents	37,490,182	28,669,441
Premiums receivable, net of allowance for credit losses of $439,928 at March 31, 2025 and $402,290 at December 31, 2024	17,012,840	21,766,988
Reinsurance receivables, net	60,818,148	69,322,436
Deferred policy acquisition costs	24,400,992	24,732,371
Intangible assets	500,000	500,000
Property and equipment, net	7,889,564	9,283,970
Deferred income taxes, net	5,132,770	5,597,920
Other assets	6,325,444	6,424,776
Total assets	385,439,240	374,915,843
Liabilities
Loss and loss adjustment expense reserves	135,334,723	126,210,428
Unearned premiums	132,231,352	134,701,733
Advance premiums	4,079,775	3,503,063
Reinsurance balances payable	5,815,948	10,509,121
Deferred ceding commission revenue	7,085,047	11,541,239
Accounts payable, accrued expenses and other liabilities	11,967,825	10,570,388
Income taxes payable	1,350,342	0
Debt, net (current $1,241,294 and long-term $4,122,971 at March 31, 2025, current $6,849,257 and long-term $4,322,163 at December 31, 2024)	5,364,265	11,171,420
Total liabilities	303,229,277	308,207,392
Commitments and Contingencies (Note 11)
Stockholders' Equity
Preferred stock, $0.01 par value; authorized 2,500,000 shares	0	0
Common stock, $0.01 par value; authorized 20,000,000 shares; issued 15,283,417 shares at March 31, 2025 and 14,448,205 shares at December 31, 2024 ; outstanding 13,759,292 shares at March 31, 2025 and 12,924,080 shares at December 31, 2024	152,834	144,482
Capital in excess of par	98,450,640	89,063,326
Accumulated other comprehensive loss	(9,952,290)	(12,175,476)
Accumulated deficit	(873,214)	(4,755,874)
Stockholders' Equity before treasury stock	87,777,970	72,276,458
Treasury stock, at cost, 1,524,125 shares at March 31, 2025 and 1,524,125 at December 31, 2024	(5,568,007)	(5,568,007)
Total stockholders' equity	82,209,963	66,708,451
Total liabilities and stockholders' equity	$ 385,439,240	$ 374,915,843