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Consolidated Balance Sheets (USD $)
Sep. 30, 2014
Dec. 31, 2013
Investments in securities:    
Fixed maturities, available-for-sale, at fair value (amortized cost: 2014: $90,366,745; 2013: $87,980,160) $ 94,995,138 $ 91,445,413
Equity securities, available-for-sale, at fair value (cost: 2014: $23,498,121; 2013: $22,200,369) 37,461,674 36,144,065
Short-term investments 6,154,749 7,926,373
Other investments 7,950,676 7,247,831
Total investments 146,562,237 142,763,682
Cash and cash equivalents 23,622,522 23,626,761
Premium and fees receivable 8,489,096 8,750,224
Accrued interest and dividends 1,151,250 1,006,698
Prepaid expenses and other assets 8,677,087 7,466,141
Property, net 5,369,084 4,325,538
Current income taxes recoverable 1,624,024 366,772
Total Assets 195,495,300 188,305,816
Liabilities:    
Reserves for claims 36,252,000 35,360,000
Accounts payable and accrued liabilities 18,683,691 20,324,190
Deferred income taxes, net 5,893,471 4,013,983
Total liabilities 60,829,162 59,698,173
Commitments and Contingencies 0 0
Redeemable Noncontrolling Interest 0 545,489
Stockholders' Equity:    
Preferred stock (1,000,000 authorized shares; no shares issued) 0 0
Common stock - no par value (10,000,000 authorized shares; 2,028,818 and 2,037,135 shares issued and outstanding 2014 and 2013, respectively, excluding 291,676 shares for 2014 and 2013 of common stock held by the Company's subsidiary) 1 1
Retained earnings 122,545,561 116,714,749
Accumulated other comprehensive income 12,120,576 11,347,404
Total stockholders' equity 134,666,138 128,062,154
Total Liabilities and Stockholders' Equity $ 195,495,300 $ 188,305,816