Consolidated Balance Sheets - USD ($)	Jun. 30, 2025	Dec. 31, 2024
Fixed maturities
Held to maturity, at amortized cost (net of allowance for expected credit losses of $1,374,128 and $1,388,240)	$ 737,355,529	$ 705,713,916
Available for sale, at fair value	626,106,883	617,891,862
Equity securities, at fair value	41,007,179	36,807,810
Short-term investments, at cost, which approximates fair value	24,764,001	24,558,744
Total investments	1,429,233,592	1,384,972,332
Cash	57,437,086	52,925,931
Accrued investment income	10,593,428	10,361,959
Premiums receivable	198,884,822	181,106,519
Reinsurance receivable (net of allowance for expected credit losses of $331,927 and $391,432)	411,124,831	420,741,855
Deferred policy acquisition costs	76,620,204	73,346,967
Deferred tax asset, net	15,578,518	18,769,861
Prepaid reinsurance premiums	182,795,078	176,161,872
Property and equipment, net	2,403,728	2,479,183
Accounts receivable - securities	2,990,310	24,924
Federal income taxes recoverable	6,043,878	0
Due from affiliate	6,852,704	8,410,090
Goodwill	5,625,354	5,625,354
Other intangible assets	958,010	958,010
Other	693,543	147,126
Total assets	2,407,835,086	2,336,031,983
Liabilities
Losses and loss expenses	1,117,009,698	1,120,985,050
Unearned premiums	635,538,097	612,476,068
Accrued expenses	2,732,926	2,916,705
Reinsurance balances payable	3,300,374	4,345,426
Borrowings under lines of credit	35,000,000	35,000,000
Cash dividends declared to stockholders	0	6,031,078
Federal income taxes payable	0	356,103
Other	8,584,546	8,145,422
Total liabilities	1,802,165,641	1,790,255,852
Stockholders’ Equity
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued	0	0
Additional paid-in capital	383,546,316	369,679,946
Accumulated other comprehensive loss	(17,516,988)	(28,200,481)
Retained earnings	280,471,357	245,136,987
Treasury stock, at cost	(41,226,357)	(41,226,357)
Total stockholders’ equity	605,669,445	545,776,131
Total liabilities and stockholders’ equity	2,407,835,086	2,336,031,983
Class A Common Stock [Member]
Stockholders’ Equity
Common stock	338,625	329,544
Class B Common Stock [Member]
Stockholders’ Equity
Common stock	$ 56,492	$ 56,492