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Consolidated Statements of Operations and Comprehensive Loss(Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues    
Net Premiums Earned $ 26,673,380 $ 34,589,218
Ceding Commission Revenue 4,681,396 (1,065)
Net Investment Income 1,359,100 1,783,196
Net (losses) Gains On Investments (4,398,405) 2,960,407
Other Income 235,824 171,446
Total Revenues 28,551,295 39,503,202
Expenses    
Loss And Loss Adjustment Expenses 22,941,198 22,560,672
Commission Expense 8,351,086 8,223,839
Other Underwriting Expenses 6,815,949 6,467,042
Other Operating Expenses 881,955 1,352,306
Depreciation And Amortization 770,110 822,340
Interest Expense 456,545 456,545
Total Expenses 40,216,843 39,882,744
Loss From Operations Before Taxes (11,665,548) (379,542)
Income Tax Benefit 2,468,016 68,445
Net Loss (9,197,532) (311,097)
Gross Change In Unrealized Losses On Available-for-sale-securities (9,865,777) (3,823,279)
Reclassification Adjustment For Losses (gains) Included In Net Loss 41,324 (394,297)
Net Change In Unrealized Losses (9,824,453) (4,217,576)
Income Tax Benefit Related To Items Of Other Comprehensive Loss 2,063,136 885,692
Other Comprehensive Loss, Net Of Tax (7,761,317) (3,331,884)
Comprehensive Loss $ (16,958,849) $ (3,642,981)
Loss Per Common Share:    
Basic $ (0.87) $ (0.03)
Diluted $ 0.87 $ (0.03)
Weighted Average Common Shares Outstanding    
Basic 10,630,450 10,676,298
Diluted 10,630,450 10,676,298
Dividends Declared And Paid Per Common Share $ 0.04 $ 0.04