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Quarterly Financial Data (Unaudited) (Details) - USD ($)
 3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Jun. 30, 2023
Jun. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Dec. 31, 2023
Dec. 31, 2022
Net premiums earned             $ 114,384,263 $ 114,384,531
Ceding commission revenue             21,053,494 19,319,391
Net investment income             6,008,682 4,936,778
Net gains (losses) on investments             2,134,554 (9,391,865)
Total revenues             144,190,714 130,159,290
Loss and loss adjustment expenses             82,849,210 88,390,042
Commission expense and other underwriting expenses             59,274,591 61,278,623
Net (loss) income             $ (6,168,346) $ (22,524,794)
Basic earnings (loss) per share             $ (0.57) $ (2.12)
Diluted earnings (loss) per share             $ (0.57) $ (2.12)
Premium earned not subject to concentration [Member]                
Net premiums earned $ 28,254,953 $ 26,673,380 $ 29,508,196 $ 15,106,028 $ 27,938,318 $ 29,360,976 $ 28,682,796 $ 30,448,107
Ceding commission revenue 5,445,407 4,681,396 5,412,210 4,715,587 5,536,327 4,886,094 4,659,550 5,036,314
Net investment income 1,541,492 1,359,100 1,451,356 634,325 1,444,360 1,418,521 1,571,474 1,524,832
Net gains (losses) on investments 1,224,871 (4,398,405) 197,142 (4,517,373) (824,370) (397,658) 1,536,911 (78,429)
Total revenues 36,627,763 28,551,295 36,719,988 28,979,250 34,236,671 35,537,635 36,606,292 37,091,110
Loss and loss adjustment expenses 25,039,410 22,941,198 19,580,702 18,656,041 21,932,453 22,027,516 16,296,645 24,765,287
Commission expense and other underwriting expenses 15,411,381 15,167,035 15,154,820 27,902,068 14,529,055 15,978,291 14,179,335 15,027,269
Net (loss) income $ (5,054,710) $ (9,197,532) $ (522,017) $ (5,379,619) $ (3,537,571) $ (3,997,621) $ 2,945,952 $ (3,950,022)
Basic earnings (loss) per share $ (0.47) $ (0.87) $ (0.05) $ (0.51) $ (0.33) $ (0.38) $ 0.27 $ (0.37)
Diluted earnings (loss) per share $ (0.47) $ (0.87) $ (0.05) $ (0.51) $ (0.33) $ (0.38) $ 0.26 $ (0.37)