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Quarterly Financial Data (Unaudited) (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2021
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Net premiums earned                 $ 114,384,531 $ 143,881,719
Ceding commission revenue                 19,319,391 89,681
Net investment income                 4,936,778 6,621,392
Net gains on investments                 (9,391,865) 9,786,955
Total revenues                 130,159,290 161,231,241
Net (loss) income                 $ (22,524,794) $ (7,378,301)
Basic earnings (loss) per share                 $ (2.12) $ (0.70)
Diluted earnings (loss) per share                 $ (2.12) $ (0.70)
Premiums earned not subject to concentration [Member]                    
Net premiums earned $ 30,448,107 $ 29,360,976 $ 27,902,068 $ 26,673,380 $ 37,052,824 $ 36,803,251 $ 35,436,426 $ 34,589,218 $ 114,384,531 $ 143,881,719
Ceding commission revenue 5,036,314 4,886,094 4,715,587 4,681,396 52,281 7,276 45,741 1,065 19,319,391 89,681
Net investment income 1,524,832 1,418,521 634,325 1,359,100 1,483,525 1,676,596 1,678,075 1,783,196 4,936,778 6,621,392
Net gains on investments (78,429) (397,658) (4,517,373) (4,398,405) 4,306,753 204,534 2,315,261 2,960,407 (9,391,865) 9,786,955
Total revenues 37,091,110 35,537,635 28,979,250 28,551,295 43,169,616 38,957,974 39,600,449 39,503,202 130,159,290 161,231,241
Loss and loss adjustment expenses 24,765,287 22,027,516 18,656,041 22,941,198 22,912,479 35,740,235 20,759,210 22,560,672 88,390,042 101,972,596
Commission expense and other underwriting expenses 15,027,269 15,978,291 15,106,028 15,167,035 14,934,426 14,764,678 14,978,261 14,690,881 61,278,623 59,368,246
Net (loss) income $ (3,950,022) $ (3,997,621) $ (5,379,619) $ (9,197,532) $ 2,227,700 $ (10,618,265) $ 1,323,361 $ (311,097) $ (22,524,794) $ (7,378,301)
Basic earnings (loss) per share $ (0.37) $ (0.38) $ (0.51) $ (0.87) $ 0.21 $ (1.01) $ 0.12 $ (0.03) $ (2.12) $ (0.70)
Diluted earnings (loss) per share $ (0.37) $ (0.38) $ (0.51) $ (0.87) $ 0.21 $ (1.01) $ 0.12 $ (0.03) $ (2.12) $ (0.70)