Schedule I

12 Months Ended

Dec. 31, 2017

Summary of Investments, Other than Investments in Related Parties [Abstract]

Summary of Investments - Other than Investments in Related Parties

SUMMARY OF INVESTMENTS – OTHER THAN INVESTMENTS IN RELATED PARTIES

AS OF DECEMBER 31, 2017

Type of Investment	Cost (1)		Market Value		Amount at which shown in the Balance Sheet (2)
Fixed maturities:
Bonds:
Government obligation	$	1,042,921	$	1,041,970	$	1,041,970
General obligations of U.S. states, territories and political subdivisions	23,979,386		24,435,873		24,435,873
Special revenue issuer obligations of U.S. states, territories and political subdivisions	45,848,032		47,470,175		47,470,175
Public utilities	16,953,592		17,383,561		17,383,561
Corporate debt securities	12,490,154		13,009,504		13,009,504
Total fixed maturities	100,314,085		103,341,083		103,341,083
Equity securities:
Common stocks:
Public utilities	312,656		459,265		459,265
Banks, trusts and insurance companies	5,213,975		9,112,321		9,112,321
Industrial, miscellaneous and all other	17,596,334		30,385,656		30,385,656
Technology	2,879,654		7,409,584		7,409,584
Total equity securities	26,002,619		47,366,826		47,366,826
Other investments:
Short-term investments	23,779,672		23,779,672		23,779,672
Other investments (3)	11,024,172		11,024,172		11,024,172
Total other investments	34,803,844		34,803,844		34,803,844
Total investments (3)	$	161,120,548	$	185,511,753	$	185,511,753

(1) Fixed maturities are shown at amortized cost and equity securities are shown at original cost.

(2) All fixed maturities presented are classified as available-for-sale and shown at estimated fair value. Equity securities are shown at fair value.

(3) The above summary of investments does not include investments in related parties accounted for under the cost and equity methods of accounting in the amount of $1,008,254.