Consolidated Balance Sheets - USD ($)	Sep. 30, 2018	Dec. 31, 2017
Fixed maturities
Held to maturity, at amortized cost	$ 400,233,054	$ 366,655,077
Available for sale, at fair value	525,027,434	538,946,050
Equity securities, at fair value	57,972,976	50,445,243
Investment in affiliate	39,960,649	38,773,420
Short-term investments, at cost, which approximates fair value	5,096,047	11,049,915
Total investments	1,028,290,160	1,005,869,705
Cash	55,258,656	37,833,435
Accrued investment income	7,166,660	6,553,121
Premiums receivable	160,318,764	160,406,432
Reinsurance receivable	322,467,746	298,342,563
Deferred policy acquisition costs	64,566,885	60,289,860
Deferred tax asset, net	10,059,549	7,128,843
Prepaid reinsurance premiums	141,536,708	135,032,641
Property and equipment, net	4,825,788	7,280,415
Accounts receivable-securities	1,101,615	180,525
Federal income taxes receivable	19,595,519	10,935,105
Goodwill	5,625,354	5,625,354
Other intangible assets	958,010	958,010
Other	2,475,943	1,483,769
Total assets	1,824,247,357	1,737,919,778
Liabilities
Unpaid losses and loss expenses	779,979,677	676,671,727
Unearned premiums	530,543,671	503,456,541
Accrued expenses	24,381,505	28,033,776
Reinsurance balances payable	3,191,746	4,116,159
Borrowings under lines of credit	60,000,000	59,000,000
Cash dividends declared to stockholders		3,841,820
Subordinated debentures	5,000,000	5,000,000
Due to affiliate	3,737,282	7,314,368
Other	1,873,448	1,789,283
Total liabilities	1,408,707,329	1,289,223,674
Stockholders' Equity
Preferred stock, $.01 par value, authorized 2,000,000 shares; none issued
Additional paid-in capital	259,667,062	255,401,558
Accumulated other comprehensive loss	(18,943,910)	(2,684,275)
Retained earnings	215,729,408	236,893,041
Treasury stock, at cost	(41,226,357)	(41,226,357)
Total stockholders' equity	415,540,028	448,696,104
Total liabilities and stockholders' equity	1,824,247,357	1,737,919,778
Class A Common Stock [Member]
Stockholders' Equity
Common stock value	257,333	255,645
Total stockholders' equity	257,333	255,645
Class B Common Stock [Member]
Stockholders' Equity
Common stock value	56,492	56,492
Total stockholders' equity	$ 56,492	$ 56,492