Consolidated Statements of Cash Flows - USD ($)	3 Months Ended
Mar. 31, 2023	Mar. 31, 2022
Cash Flows from Operating Activities:
Net income	$ 5,203,596	$ 13,145,029
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Depreciation, amortization and other non-cash items	1,122,609	1,343,128
Net investment losses	331,189	76,247
Changes in assets and liabilities:
Losses and loss expenses	2,488,926	(6,032,916)
Unearned premiums	32,031,102	16,780,670
Premiums receivable	(15,699,109)	(13,612,915)
Deferred acquisition costs	(4,019,366)	(3,579,838)
Deferred income taxes	355,524	(334,190)
Reinsurance receivable	(5,291,035)	7,115,224
Prepaid reinsurance premiums	(9,960,021)	2,412,533
Accrued investment income	(1,322,590)	(1,233,871)
Due from affiliate	(7,651,293)	(287,192)
Reinsurance balances payable	(220,377)	123,455
Current income taxes	749,813	3,427,885
Accrued expenses	465,988	871,443
Other, net	734,310	535,049
Net adjustments	(5,884,330)	7,604,712
Net cash (used in) provided by operating activities	(680,734)	20,749,741
Cash Flows from Investing Activities:
Purchases of fixed maturities, held to maturity	(12,092,863)	(28,656,113)
Purchases of fixed maturities, available for sale	(34,354,601)	(34,281,491)
Purchases of equity securities, available for sale	(3,590,015)	(5,276,815)
Maturity of fixed maturities:
Held to maturity	6,127,883	9,203,976
Available for sale	12,365,403	23,296,757
Sales of fixed maturities:
Available for sale	748,250	0
Sales of equity securities, available for sale	3,066,129	14,408,819
Net (purchases) sales of property and equipment	(44,700)	28,288
Net sales of short-term investments	29,183,513	3,498,167
Net cash provided by (used in) investing activities	1,408,999	(17,778,412)
Cash Flows from Financing Activities:
Cash dividends paid	(5,304,047)	(4,920,758)
Issuance of common stock	2,288,494	314,940
Net cash used in financing activities	(3,015,553)	(4,605,818)
Net decrease in cash	(2,287,288)	(1,634,489)
Cash at beginning of period	25,123,332	57,709,375
Cash at end of period	22,836,044	56,074,886
Cash paid during period - Interest	156,346	161,506
Net cash paid during period - Taxes	$ 0	$ 0

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