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Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2022
Fair Value Measurements  
Schedule Of Fair Value Measurements

 

 

June 30, 2022

 

 

 

 Level 1 

 

 

 Level 2 

 

 

 Level 3 

 

 

 Total 

 

 

 

 

 

 

 

 

Fixed-maturity securities available-for-sale

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury securities and obligations of U.S. government corporations and agencies

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Political subdivisions of States, Territories and Possessions

 

 

-

 

 

 

14,197,788

 

 

 

-

 

 

 

14,197,788

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other bonds industrial and miscellaneous

 

 

77,185,757

 

 

 

497,380

 

 

 

-

 

 

 

77,683,137

 

Residential mortgage and other asset backed securities

 

 

-

 

 

 

49,616,862

 

 

 

-

 

 

 

49,616,862

 

Total fixed maturities

 

 

77,185,757

 

 

 

64,312,030

 

 

 

-

 

 

 

141,497,787

 

Equity securities

 

 

26,064,545

 

 

 

-

 

 

 

-

 

 

 

26,064,545

 

Total investments

 

$103,250,302

 

 

$64,312,030

 

 

$-

 

 

$167,562,332

 

 

 

December 31, 2021

 

 

 

 Level 1 

 

 

 Level 2 

 

 

 Level 3 

 

 

 Total 

 

 

 

 

 

 

 

 

Fixed-maturity securities available-for-sale

 

 

 

 

 

 

 

 

 

 

 

 

U.S. Treasury securities and obligations of U.S. government corporations and agencies

 

$-

 

 

$-

 

 

$-

 

 

$-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Political subdivisions of States, Territories and Possessions

 

 

-

 

 

 

17,285,514

 

 

 

-

 

 

 

17,285,514

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Corporate and other bonds industrial and miscellaneous

 

 

82,500,779

 

 

 

510,475

 

 

 

-

 

 

 

83,011,254

 

Residential mortgage and other asset backed securities

 

 

-

 

 

 

57,783,342

 

 

 

-

 

 

 

57,783,342

 

Total fixed maturities

 

 

82,500,779

 

 

 

75,579,331

 

 

 

-

 

 

 

158,080,110

 

Equity securities

 

 

39,687,002

 

 

 

-

 

 

 

-

 

 

 

39,687,002

 

Total investments

 

$122,187,781

 

 

$75,579,331

 

 

$-

 

 

$197,767,112

 

Schedule Of Hedge Fund Investments

Category

 

June 30, 2022

 

 

December 31, 2021

 

 

 

 

 

 

Other Investments

 

 

 

 

 

 

Hedge fund

 

$5,253,582

 

 

$7,561,415

 

Fair Value Hierarchy Of Long-term Debt

 

 

June 30, 2022

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Senior Notes due 2022

 

$-

 

 

$29,207,543

 

 

$-

 

 

$29,207,543

 

 

 

December 31, 2021

 

 

 

Level 1

 

 

Level 2

 

 

Level 3

 

 

Total

 

Debt

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Senior Notes due 2022

 

$-

 

 

$28,436,019

 

 

$-

 

 

$28,436,019