Consolidated Statements of Cash Flows (USD $)	6 Months Ended
	Jun. 30, 2011	Jun. 30, 2010
Cash Flows from Operating Activities:
Net Income	$ 1,821,034	$ 947,416
Depreciation	28,569
Bond amortization, net	80,445
Premium, notes and investment income receivable	(1,264,423)
Reinsurance recoverable	2,159,443
Deferred policy acquisition costs	(76,798)
Other assets	17,022
Unpaid losses and loss adjustment expenses	(4,493,920)
Unearned premium	454,030
Advance premium and premium deposits	264,783
Accrued expenses and other liabilities	(492,069)
Income taxes current/deferred	237,208
Net Cash Used by Operating Activities	(1,264,676)
Investing Activities
Purchase of fixed maturity investments	(3,849,000)
Proceeds from maturity of fixed maturity investments	10,809,998
Net (increase) in short-term investments	(5,561,432)
(Additions) to property and equipment	(99,089)
Net Cash Provided by Investing Activities	1,300,477
Financing Activities
Dividends paid to shareholders	0
Proceeds from issuance of common stock	3
Repurchase of common stock	(10,959)
Net Cash Provided (Used) by Financing Activities	(10,956)
Net increase in cash	24,845	(85,250)
Cash at beginning of period	45,210
Cash at End of Period	70,055	33,262
Cash paid during the period for:
Interest	0
Income taxes	$ 758,800