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Condensed Consolidated Statements of Operations and Comprehensive Incomr (Loss) (Unaudited) - USD ($)
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Revenues        
Net premiums earned $ 36,803,251 $ 27,521,081 $ 106,828,895 $ 81,099,387
Ceding commission revenue (7,276) 3,448,774 37,400 10,760,087
Net investment income 1,676,596 1,494,086 5,137,867 4,771,936
Net gains (losses) on investments 204,534 2,107,876 5,480,202 (1,638,674)
Other income 280,869 250,654 577,261 772,672
Total revenues 38,957,974 34,822,471 118,061,625 95,765,408
Expenses        
Loss and loss adjustment expenses 35,740,235 20,117,975 79,060,117 49,317,427
Commission expense 8,201,935 8,036,298 24,711,115 23,652,765
Other underwriting expenses 6,562,743 6,346,846 19,722,705 19,434,110
Other operating expenses 855,499 1,038,453 3,141,077 3,364,483
Depreciation and amortization 820,091 710,181 2,480,085 2,070,435
Interest expense 456,545 456,545 1,369,635 1,369,635
Total expenses 52,637,048 36,706,298 130,484,734 99,208,855
Loss before taxes (13,679,074) (1,883,827) (12,423,109) (3,443,447)
Income tax benefit 3,060,809 655,971 (2,817,108) 1,379,578
Net loss (10,618,265) (1,227,856) (9,606,001) (2,063,869)
Gross change in unrealized (losses) gains on available-for-sale-securities (829,297) 1,778,478 (3,578,413) 5,938,600
Reclassification adjustment for gains included in net loss (335,669) (606,969) (1,071,439) (560,696)
Net change in unrealized (losses) gains (1,164,966) 1,171,509 (4,649,852) 5,377,904
Income tax benefit (expense) related to items of other comprehensive (loss) income 244,643 (246,017) 976,470 (1,129,359)
Other comprehensive (loss) income, net of tax (920,323) 925,492 (3,673,382) 4,248,545
Comprehensive (loss) income $ (11,538,588) $ (302,364) $ (13,279,383) $ 2,184,676
Loss per common share:        
Basic $ (1.01) $ (0.12) $ (0.90) $ (0.19)
Diluted $ (1.01) $ (0.12) $ (0.90) $ (0.19)
Weighted average common shares outstanding        
Basic 10,523,515 10,673,077 10,622,988 10,737,853
Diluted 10,523,515 10,673,077 10,622,988 10,737,853
Dividends declared and paid per common share $ 0.0400 $ 0.0400 $ 0.1200 $ 0.1425