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Property and Casualty Insurance Activity (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended |
--- | --- | --- | ---
Mar. 31, 2021 | Mar. 31, 2020 | Jun. 30, 2021 | Jun. 30, 2020 | Dec. 31, 2020
Net contingent ceding commissions payable | $ 2,336,000 |  |  |  | $ 2,886,000
Incurred losses and loss adjustment expenses are net of reinsurance recoveries under reinsurance contracts | 823,856 | $ 5,866,898 |  |  |
Prior year loss development | 11,055 | $ 126,654 |  |  |
Advance premiums | $ 4,145,845 |  |  |  | $ 2,660,354
Catastrophe loss coverage in excess of quota share coverage, descriptions | For the period July 1, 2020 through December 30, 2020, there was no reinsurance coverage for the $2,500,000 gap between quota share limit of $7,500,000 and first $10,000,000 layer of catastrophe coverage (see note (6) below). |  |  |  |
Personal Lines |  |  |  |  |
Single risk coverage | $ 10,000,000 |  |  |  |
Two Thousand Twelve Member |  |  |  |  |
Incurred claim from superstrom sandy | 3,406 |  |  |  |
Minimum [Member] | Personal Lines |  |  |  |  |
Direct loss | 3,500,000 |  |  |  |
Maximum [Member] | Personal Lines |  |  |  |  |
Direct loss | $ 10,000,000 |  |  |  |
Reinstatement Premium Protection [Member] |  |  |  |  |
Excess of catastrophe coverage |  |  | $ 10,000,000 | $ 7,500,000 |
Reinstatement of premium protection, amount |  |  | $ 70,000,000 | $ 292,500,000 |

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