| Schedule of Fair Value Measurements |
The following table presents information about the Company’s investments that are measured at fair value on a recurring basis at September 30, 2026 and December 31, 2025 indicating the level of the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value: | | | | | | | | | | | | | | | | | | | | | | | | | September 30, 2026 | | Level 1 | | Level 2 | | Level 3 | | Total | | | | | | | | | | Fixed-maturity securities available-for-sale | | | | | | | | | U.S. Treasury securities and obligations of U.S. government corporations and agencies | $ | 1,426,075 | | | $ | - | | | $ | - | | | $ | 1,426,075 | | | Political subdivisions of States, Territories and Possessions | - | | | 20,376,298 | | | - | | | 20,376,298 | | | Corporate and other bonds industrial and miscellaneous | - | | | 155,551,432 | | | - | | | 155,551,432 | | | Residential mortgage and other asset backed securities | - | | | 138,626,707 | | | - | | | 138,626,707 | | | Short-term investments | 1,482,405 | | | - | | | - | | | 1,482,405 | | | Total fixed maturities | 2,908,480 | | | 314,554,437 | | | - | | | 317,462,917 | | | Equity securities | 9,049,978 | | | 136,900 | | | - | | | 9,186,878 | | | Total investments, at fair value | $ | 11,958,458 | | | $ | 314,691,337 | | | $ | - | | | $ | 326,649,795 | |
| | | | | | | | | | | | | | | | | | | | | | | | | December 31, 2025 | | Level 1 | | Level 2 | | Level 3 | | Total | | | | | | | | | | Fixed-maturity securities available-for-sale | | | | | | | | | U.S. Treasury securities and obligations of U.S. government corporations and agencies | $ | 1,007,190 | | | $ | - | | | $ | - | | | $ | 1,007,190 | | | Political subdivisions of States, Territories and Possessions | - | | | 21,773,433 | | | - | | | 21,773,433 | | | Corporate and other bonds industrial and miscellaneous | 129,866,682 | | | - | | | - | | | 129,866,682 | | | Residential mortgage and other asset backed securities | - | | | 136,389,885 | | | - | | | 136,389,885 | | | Total fixed maturities | 130,873,872 | | | 158,163,318 | | | - | | | 289,037,190 | | | Equity securities | 10,056,595 | | | - | | | - | | | 10,056,595 | | | Total investments, at fair value | $ | 140,930,467 | | | $ | 158,163,318 | | | $ | - | | | $ | 299,093,785 | |
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| Schedule of Hedge Fund Investments |
The following table sets forth the Company’s investment in a hedge fund measured at Net Asset Value (“NAV”) per share as of September 30, 2026 and December 31, 2025. The Company measures this investment at fair value on a recurring basis. Fair value using NAV per share is as follows as of the dates indicated: | | | | | | | | | | | | | | | | Category | | September 30, 2026 | | December 31, 2025 | | | | | | | Other Investments | | | | | | Hedge fund | | $ | 4,367,262 | | | $ | 4,552,378 | |
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