Condensed Consolidated Balance Sheets - USD ($)	Sep. 30, 2025	Dec. 31, 2024
Assets
Fixed-maturity securities, held-to-maturity, at amortized cost (fair value of $5,174,675 at September 30, 2025 and $5,959,265 at December 31, 2024)	$ 6,043,708	$ 7,047,342
Fixed-maturity securities, available-for-sale, at fair value (amortized cost of $261,180,534 at September 30, 2025 and $202,308,158 at December 31, 2024)	252,640,428	186,893,438
Equity securities, at fair value (cost of $13,546,654 at September 30, 2025 and $13,527,554 at December 31, 2024)	10,409,833	10,296,505
Other investments	4,889,148	4,380,656
Total investments	273,983,117	208,617,941
Cash and cash equivalents	26,772,302	28,669,441
Premiums receivable, net of allowance for credit losses of $477,154 at September 30, 2025, 2025 and $402,290 at December 31, 2024	18,252,649	21,766,988
Reinsurance receivables, net	60,019,060	69,322,436
Prepaid reinsurance	2,142,329	0
Deferred policy acquisition costs	25,377,781	24,732,371
Intangible assets	500,000	500,000
Property and equipment, net	7,861,007	9,283,970
Deferred income taxes, net	4,138,144	5,597,920
Other assets	9,543,853	6,424,776
Total assets	428,590,242	374,915,843
Liabilities
Loss and loss adjustment expense reserves	141,194,246	126,210,428
Unearned premiums	140,041,140	134,701,733
Advance premiums	7,711,957	3,503,063
Reinsurance balances payable	5,690,029	10,509,121
Deferred ceding commission revenue	7,562,417	11,541,239
Accounts payable, accrued expenses and other liabilities	12,152,437	10,570,388
Income taxes payable	1,832,290	0
Debt, net (current $1,278,094 and long-term $3,474,590 at September 30, 2025, current $6,849,257 and long-term $4,322,163 at December 31, 2024)	4,752,684	11,171,420
Total liabilities	320,937,200	308,207,392
Commitments and Contingencies (Note 11)	0	0
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 15,671,553 shares at September 30, 2025 and 14,448,205 shares at December 31, 2024; outstanding 14,147,428 shares at September 30, 2025 and 12,924,080 shares at December 31, 2024	156,715	144,482
Capital in excess of par	99,264,372	89,063,326
Accumulated other comprehensive loss	(6,744,530)	(12,175,476)
Retained earnings (accumulated deficit)	20,544,492	(4,755,874)
Stockholders' equity before treasury stock	113,221,049	72,276,458
Treasury stock, at cost, 1,524,125 shares at September 30, 2025 and 1,524,125 at December 31, 2024	(5,568,007)	(5,568,007)
Total stockholders' equity	107,653,042	66,708,451
Total liabilities and stockholders' equity	$ 428,590,242	$ 374,915,843