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Consolidated Statements of Income - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Revenues:    
Net premiums earned $ 199,248,624 $ 187,251,600
Investment income, net of investment expenses 7,858,881 7,510,578
Net investment (losses) gains (includes $165,354 and ($29,186) accumulated other comprehensive income reclassifications) (76,247) 2,469,054
Lease income 104,628 107,767
Installment payment fees 490,831 630,899
Total revenues 207,626,717 197,969,898
Expenses:    
Net losses and loss expenses 117,883,002 119,219,747
Amortization of deferred policy acquisition costs 34,182,000 30,179,000
Other underwriting expenses 37,106,304 33,782,050
Policyholder dividends 1,648,751 1,294,021
Interest 153,033 312,326
Other expenses, net 427,388 432,069
Total expenses 191,400,478 185,219,213
Income before income tax expense 16,226,239 12,750,685
Income tax expense (includes $34,724 and ($6,129) income tax expense (benefit) from reclassification items) 3,081,210 2,220,837
Net income $ 13,145,029 $ 10,529,848
Class A Common Stock [Member]    
Earnings per common share:    
Basic (in dollars per share) $ 0.43 $ 0.35
Diluted (in dollars per share) 0.43 0.35
Class B Common Stock [Member]    
Earnings per common share:    
Basic (in dollars per share) 0.39 0.32
Diluted (in dollars per share) $ 0.39 $ 0.32