Consolidated Balance Sheets - USD ($)	Mar. 31, 2026	Dec. 31, 2025
Fixed maturities
Held to maturity, at amortized cost (net of allowance for expected credit losses of $1,274,490 and $1,312,903)	$ 783,951,953	$ 776,447,347
Available for sale, at fair value	649,110,503	640,722,775
Equity securities, at fair value	45,105,813	44,370,358
Short-term investments, at cost, which approximates fair value	26,016,894	38,712,341
Total investments	1,504,185,163	1,500,252,821
Cash	35,501,229	26,785,845
Accrued investment income	11,978,051	10,914,235
Premiums receivable	197,327,411	180,803,918
Reinsurance receivable (net of allowance for expected credit losses of $401,773 and $374,883)	418,091,102	398,582,136
Deferred policy acquisition costs	71,995,952	68,669,982
Deferred tax asset, net	14,843,359	13,287,301
Prepaid reinsurance premiums	179,320,225	171,083,219
Property and equipment, net	2,292,226	2,329,491
Federal income taxes recoverable	940,090	4,028,034
Due from affiliate	5,712,446	3,299,188
Goodwill	5,625,354	5,625,354
Other intangible assets	958,010	958,010
Other	9,918	9,918
Total assets	2,448,780,536	2,386,629,452
Liabilities
Losses and loss expenses	1,129,814,963	1,100,049,937
Unearned premiums	617,210,414	591,040,451
Accrued expenses	2,311,032	2,220,800
Reinsurance balances payable	3,141,996	3,484,130
Borrowings under lines of credit	35,000,000	35,000,000
Cash dividends declared to stockholders	0	6,647,482
Accounts payable - securities	4,350,228	0
Other	7,859,267	7,768,573
Total liabilities	1,799,687,900	1,746,211,373
Stockholders’ Equity
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued	0	0
Additional paid-in capital	393,244,272	391,811,397
Accumulated other comprehensive loss	(12,407,401)	(8,295,743)
Retained earnings	309,081,220	297,728,438
Treasury stock, at cost	(41,226,357)	(41,226,357)
Total stockholders’ equity	649,092,636	640,418,079
Total liabilities and stockholders’ equity	2,448,780,536	2,386,629,452
Class A Common Stock [Member]
Stockholders’ Equity
Common stock	344,410	343,852
Class B Common Stock [Member]
Stockholders’ Equity
Common stock	$ 56,492	$ 56,492