Fair Value Measurements (Tables)

9 Months Ended

Sep. 30, 2025

Fair Value Disclosures [Abstract]

Schedule of Fair Value Measurements

The following table presents information about the Company’s investments that are measured at fair value on a recurring basis at September 30, 2025 and December 31, 2024 indicating the level of the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

	September 30, 2025
	Level 1		Level 2		Level 3		Total
Fixed-maturity securities available-for-sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	1,008,130	$	-	$	-	$	1,008,130
Political subdivisions of States, Territories and Possessions	-		21,897,150		-		21,897,150
Corporate and other bonds industrial and miscellaneous	120,614,647		-		-		120,614,647
Residential mortgage and other asset backed securities	-		109,120,501		-		109,120,501
Total fixed maturities	121,622,777		131,017,651		-		252,640,428
Equity securities	10,409,833		-		-		10,409,833
Total investments, at fair value	$	132,032,610	$	131,017,651	$	-	$	263,050,261

	December 31, 2024
	Level 1		Level 2		Level 3		Total
Fixed-maturity securities available-for-sale
U.S. Treasury securities and obligations of U.S. government corporations and agencies	$	-	$	-	$	-	$	-
Political subdivisions of States, Territories and Possessions	-		20,873,097		-		20,873,097
Corporate and other bonds industrial and miscellaneous	106,792,378		-		-		106,792,378
Residential mortgage and other asset backed securities	-		59,227,963		-		59,227,963
Total fixed maturities	106,792,378		80,101,060		-		186,893,438
Equity securities	10,296,505		-		-		10,296,505
Total investments, at fair value	$	117,088,883	$	80,101,060	$	-	$	197,189,943

Schedule of Hedge Fund Investments

The following table sets forth the Company’s investment in a hedge fund measured at Net Asset Value (“NAV”) per share as of September 30, 2025 and December 31, 2024. The Company measures this investment at fair value on a recurring basis. Fair value using NAV per share is as follows as of the dates indicated:

Category	September 30, 2025		December 31, 2024
Other Investments
Hedge fund	$	4,889,148	$	4,380,656