XML 66 R38.htm IDEA: XBRL DOCUMENT v3.26.1
Fair Value Measurements (Tables)
12 Months Ended
Dec. 31, 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 December 31, 2025 and 2024 indicating the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:
 December 31, 2025
 Level 1 Level 2 Level 3Total
Fixed-maturity securities available-for-sale    
U.S. Treasury securities and obligations of U.S. government corporations and agencies$1,007,190 $$$1,007,190 
Political subdivisions of States, Territories and Possessions21,773,433 21,773,433 
Corporate and other bonds industrial and miscellaneous129,866,682 129,866,682 
Residential mortgage and other asset backed securities136,389,885 136,389,885 
Total fixed maturities130,873,872 158,163,318 289,037,190 
Equity securities 10,056,595 10,056,595 
Total investments$140,930,467 $158,163,318 $$299,093,785 
 December 31, 2024
 Level 1 Level 2 Level 3Total
   
Fixed-maturity securities available-for-sale    
Political subdivisions of States, Territories and Possessions$$20,873,097 $$20,873,097 
Corporate and other bonds industrial and miscellaneous106,792,378 106,792,378 
Residential mortgage and other asset backed securities59,227,963 59,227,963 
Total fixed maturities106,792,378 80,101,060 186,893,438 
Equity securities 10,296,505 10,296,505 
Total investments$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 December 31, 2025 and 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 December 31, 2025December 31, 2024
Other Investments
Hedge fund$4,552,378 $4,380,656