v3.25.2
Segment Information - Components Included and Excluded from Net Combined Ratio (Details) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Revenue components excluded from net combined ratio        
Net income $ 11,252,332 $ 4,514,937 $ 15,134,992 $ 5,941,616
Reportable Segment        
Components of Net Combined Ratio [Abstract]        
Net premiums earned 46,215,260 30,303,612 89,738,323 59,123,514
Ceding commission revenue 3,081,556 4,561,961 6,040,247 9,129,072
Other income 151,173 104,811 291,127 252,978
Total revenue components of net combined ratio 49,447,989 34,970,384 96,069,697 68,505,564
Loss and loss adjustment expenses 17,927,162 14,238,308 45,102,240 32,097,895
Commission expense 10,629,629 8,232,480 19,942,509 16,084,292
Other underwriting expenses 7,727,367 5,900,525 15,132,789 11,781,130
Total expense components of net combined ratio 36,284,158 28,371,313 80,177,538 59,963,317
Operating segment net income 13,163,831 6,599,071 15,892,159 8,542,247
Revenue components excluded from net combined ratio        
Net investment income 2,300,267 1,764,596 4,348,863 3,267,456
Net gains (losses) on investments 546,451 (233,606) 408,472 492,785
Gain on sale of real estate 0 0 1,965,989 0
Other income 72 741 533 1,487
Total revenue components excluded from net combined ratio 2,846,790 1,531,731 6,723,857 3,761,728
Other operating expenses 1,153,480 800,966 2,189,217 1,579,048
Depreciation and amortization 613,364 619,934 1,237,227 1,216,447
Interest expense 77,074 989,723 304,528 1,983,598
Income tax 2,914,371 1,205,242 3,750,052 1,583,266
Total expense components excluded from net combined ratio 4,758,289 3,615,865 7,481,024 6,362,359
Total net income (loss) components excluded from net combined ratio $ (1,911,499) $ (2,084,134) $ (757,167) $ (2,600,631)