Consolidated Balance Sheets - USD ($)	Jun. 30, 2016	Dec. 31, 2015
Fixed maturities
Held to maturity, at amortized cost	$ 328,166,897	$ 310,258,704
Available for sale, at fair value	510,108,845	501,393,559
Equity securities, available for sale, at fair value	44,607,308	37,260,821
Investment in affiliate	39,868,460	38,476,708
Short-term investments, at cost, which approximates fair value	9,389,010	13,432,482
Total investments	932,140,520	900,822,274
Cash	29,696,651	28,139,144
Accrued investment income	5,957,652	5,991,197
Premiums receivable	159,990,851	141,267,411
Reinsurance receivable	258,139,997	259,728,113
Deferred policy acquisition costs	56,344,044	52,108,388
Deferred tax asset, net	14,125,549	19,443,807
Prepaid reinsurance premiums	127,155,034	113,522,505
Property and equipment, net	6,790,478	7,027,143
Federal income taxes receivable	645,637	1,487,656
Goodwill	5,625,354	5,625,354
Other intangible assets	958,010	958,010
Other	2,680,629	1,713,413
Total assets	1,600,250,406	1,537,834,415
Liabilities
Unpaid losses and loss expenses	577,165,003	578,205,109
Unearned premiums	471,017,880	429,493,203
Accrued expenses	19,167,782	22,460,475
Reinsurance balances payable	3,918,764	3,480,406
Borrowings under lines of credit	77,500,000	81,000,000
Cash dividends declared		3,511,881
Subordinated debentures	5,000,000	5,000,000
Accounts payable - securities		582,560
Due to affiliate	4,966,071	3,557,177
Drafts payable	136,579	439,282
Other	1,511,713	1,715,754
Total liabilities	1,160,383,792	1,129,445,847
Stockholders' Equity
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued
Additional paid-in capital	227,074,132	219,525,301
Accumulated other comprehensive income	8,108,607	773,744
Retained earnings	245,614,768	229,024,370
Treasury stock, at cost	(41,226,357)	(41,226,357)
Total stockholders' equity	439,866,614	408,388,568
Total liabilities and stockholders' equity	1,600,250,406	1,537,834,415
Class A Common Stock [Member]
Stockholders' Equity
Common stock value	238,972	235,018
Total stockholders' equity	238,972	235,018
Class B Common Stock [Member]
Stockholders' Equity
Common stock value	56,492	56,492
Total stockholders' equity	$ 56,492	$ 56,492