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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 Possessions- 21,773,433 - 21,773,433 
Corporate and other bonds industrial and miscellaneous129,866,682 - - 129,866,682 
Residential mortgage and other asset backed securities- 136,389,885 - 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 securities- 59,227,963 - 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