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Consolidated Statements Of Income - USD ($)
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Revenues:      
Net premiums written $ 122,095,381 $ 112,475,686 $ 109,963,556
Investment income – interest and dividends 4,684,489 4,531,319 4,259,501
Net realized gain (loss) on investments 768,436 (116,163) 268,294
Other 10,944,108 10,309,230 8,627,935
Total Revenues 138,492,414 127,200,072 123,119,286
Operating Expenses:      
Commissions to agents 63,643,321 62,174,301 65,632,353
Provision for claims 242,953 4,478,494 5,229,716
Salaries, employee benefits and payroll taxes 31,372,099 28,041,213 25,218,225
Office occupancy and operations 6,265,908 5,885,336 5,049,962
Business development 2,511,699 2,373,270 2,333,491
Filing fees, franchise and local taxes 907,225 732,985 817,909
Premium and retaliatory taxes 2,202,595 2,161,571 1,851,767
Professional and contract labor fees 2,115,754 2,691,411 2,676,483
Other 1,099,408 884,438 820,882
Total Operating Expenses 110,360,962 109,423,019 109,630,788
Income before Income Taxes 28,131,452 17,777,053 13,488,498
Provision for Income Taxes 8,616,000 5,228,000 3,816,000
Net Income 19,515,452 12,549,053 9,672,498
Net Loss (Income) Attributable to Noncontrolling Interests (7,666) 15,148  
Net Income Attributable to Redeemable Noncontrolling Interests     23,523
Net Income Attributable to the Company $ 19,523,118 $ 12,533,905 $ 9,648,975
Basic Earnings per Common Share $ 10.23 $ 6.32 $ 4.75
Weighted Average Shares Outstanding – Basic 1,907,675 1,984,360 2,031,760
Diluted Earnings per Common Share $ 10.19 $ 6.30 $ 4.74
Weighted Average Shares Outstanding – Diluted 1,915,057 1,989,799 2,037,534
Cash Dividends Paid per Common Share $ 0.72 $ 0.40 $ 0.32