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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
 3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Revenues    
Net premiums earned $ 34,589,218 $ 26,941,450
Ceding commission revenue (1,065) 3,831,099
Net investment income 1,783,196 1,665,844
Net gains (losses) on investments 2,960,407 (6,444,418)
Other income 171,446 259,630
Total revenues 39,503,202 26,253,605
Expenses    
Loss and loss adjustment expenses 22,560,672 16,385,821
Commission expense 8,223,839 7,855,927
Other underwriting expenses 6,467,042 6,761,792
Other operating expenses 1,352,306 1,236,895
Depreciation and amortization 822,340 687,094
Interest expense 456,545 456,545
Total expenses 39,882,744 33,384,074
Loss from operations before income taxes (379,542) (7,130,469)
Income tax benefit (68,445) (1,686,266)
Net loss (311,097) (5,444,203)
Other comprehensive loss, net of tax    
Gross change in unrealized losses on available-for-sale-securities (3,823,279) (6,727,489)
Reclassification adjustment for gains included in net loss (394,297) (102,222)
Net change in unrealized losses (4,217,576) (6,829,711)
Income tax benefit related to items of other comprehensive loss 885,692 1,434,240
Other comprehensive loss, net of tax (3,331,884) (5,395,471)
Comprehensive loss $ (3,642,981) $ (10,839,674)
Loss per common share:    
Basic $ (0.03) $ (0.50)
Diluted $ (0.03) $ (0.50)
Weighted average common shares outstanding    
Basic 10,676,298 10,807,841
Diluted 10,676,298 10,807,841
Dividends declared and paid per common share $ 0.0400 $ 0.0625