Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Fixed maturities
Held to maturity, at amortized cost (fair value $611,526,338 and $598,044,681; net of allowance for expected credit losses of $1,325,847 and $0)	$ 679,497,038	$ 688,439,360
Available for sale, at fair value (amortized cost $629,727,513 and $571,912,727)	589,348,243	523,791,931
Equity securities, at fair value	25,902,956	35,104,840
Short-term investments, at cost, which approximates fair value	32,305,408	57,321,111
Total investments	1,327,053,645	1,304,657,242
Cash	23,792,273	25,123,332
Accrued investment income	9,945,714	8,861,292
Premiums receivable	179,591,821	173,846,294
Reinsurance receivable (net of allowance for expected credit losses of $1,394,074 and $0)	441,431,334	456,522,223
Deferred policy acquisition costs	75,043,404	73,170,230
Deferred tax asset, net	19,532,525	21,603,017
Prepaid reinsurance premiums	168,724,465	160,591,399
Property and equipment, net	2,633,405	2,755,105
Accounts receivable - securities	1,501,079	1,842
Federal income taxes recoverable	8,102,321	8,510,897
Due from affiliate	1,907,527	0
Goodwill	5,625,354	5,625,354
Other intangible assets	958,010	958,010
Other	451,011	1,123,098
Total assets	2,266,293,888	2,243,349,335
Liabilities
Losses and loss expenses	1,126,156,838	1,121,045,758
Unearned premiums	599,411,468	577,653,130
Accrued expenses	3,946,974	4,226,390
Reinsurance balances payable	8,758,976	3,495,824
Borrowings under lines of credit	35,000,000	35,000,000
Cash dividends declared to stockholders	$ 5,569,992	$ 5,296,990
Other Liability, Related Party, Type [Extensible Enumeration]	Affiliated Entity [Member]	Affiliated Entity [Member]
Total liabilities	$ 1,786,548,534	$ 1,759,756,323
Stockholders' Equity
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued	0	0
Additional paid-in capital	335,694,478	325,601,647
Accumulated other comprehensive loss	(32,881,822)	(41,703,747)
Retained earnings	217,794,917	240,563,774
Treasury stock, at cost	(41,226,357)	(41,226,357)
Total stockholders' equity	479,745,354	483,593,012
Total liabilities and stockholders' equity	2,266,293,888	2,243,349,335
Class A Common Stock [Member]
Stockholders' Equity
Common stock value	307,646	301,203
Class B Common Stock [Member]
Stockholders' Equity
Common stock value	56,492	56,492
Related Party [Member]
Liabilities
Other	0	5,173,289
Nonrelated Party [Member]
Liabilities
Other	$ 7,704,286	$ 7,864,942