Balance Sheets (Unaudited) (USD $)	Jun. 30, 2011	Dec. 31, 2010
Assets
Fixed-maturity securities, held to maturity, at amortized cost (fair value of $596,683 at June 30, 2011 and $606,398 at December 31, 2010)	$ 606,234	$ 605,424
Fixed-maturity securities, available for sale, at fair value (amortized cost of $18,226,972 at June 30, 2011 and $16,277,052 at December 31, 2010)	18,570,793	16,339,101
Equity securities, available-for-sale, at fair value (cost of $2,741,606 at June 30, 2011 and $2,825,015 at December 31, 2010)	2,951,160	2,983,035
Total investments	22,128,187	19,927,560
Cash and cash equivalents	87,184	326,620
Premiums receivable, net of provision for uncollectible amounts	6,239,129	5,001,886
Receivables - reinsurance contracts	2,902,903	1,174,729
Reinsurance receivables, net of provision for uncollectible amounts	23,043,406	20,720,194
Notes receivable-sale of business	407,341	705,019
Deferred acquisition costs	4,205,661	3,619,001
Intangible assets, net	3,898,529	4,136,386
Property and equipment, net of accumulated depreciation	1,532,742	1,585,029
Other assets	624,886	1,486,249
Total assets	65,069,968	58,682,673
Liabilities
Loss and loss adjustment expenses	18,505,367	17,711,907
Unearned premiums	20,190,149	17,277,332
Advance premiums	605,578	410,574
Reinsurance balances payable	3,004,668	1,106,897
Deferred ceding commission revenue	3,672,391	3,219,513
Notes payable and capital lease obligations (includes payable to related parties of $378,000 at June 30, 2011 and $785,000 at December 31, 2010)	747,000	1,460,997
Accounts payable, accrued expenses and other liabilities	2,115,744	2,553,031
Income taxes payable	164,876	0
Deferred income taxes	1,935,645	1,998,557
Total liabilities	50,941,418	45,738,808
Common stock, $.01 par value; authorized 10,000,000 shares; issued 4,643,122 shares; outstanding 3,838,386 shares	46,432	46,432
Preferred stock, $.01 par value; authorized 1,000,000 shares; -0- shares issued and outstanding	0	0
Capital in excess of par	13,698,061	13,633,913
Accumulated other comprehensive income	365,229	145,247
Retained earnings	1,182,086	281,531
Total	15,291,808	14,107,123
Treasury stock, at cost, 804,736 shares	(1,163,258)	(1,163,258)
Total stockholders' equity	14,128,550	12,943,865
Total liabilities and stockholders' equity	$ 65,069,968	$ 58,682,673