Company: NODK
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001174947-25-000721
Chunk: 12

Company: NI Holdings, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 adopting this guidance on the consolidated financial statements.

10 

  3.
  Investments

The amortized cost and estimated fair value of fixed income securities,
presented on a consolidated basis as of March 31, 2025, and December 31, 2024, were as follows:

    March 31, 2025 

    Cost or 
Amortized 
Cost  
    Allowance for 
Expected 
Credit Losses  
    Gross
 Unrealized 
Gains  
    Gross 
Unrealized 
Losses  
    Fair Value 
  
    Fixed income securities: 

    U.S. Government and agencies 
    $12,705  
    $—  
    $90  
    $(187) 
    $12,608 
  
    Obligations of states and political subdivisions 
     51,038  
     —  
     80  
     (5,669) 
     45,449 
  
    Corporate securities 
     129,759  
     —  
     446  
     (5,947) 
     124,258 
  
    Residential mortgage-backed securities 
     75,477  
     —  
     344  
     (6,181) 
     69,640 
  
    Commercial mortgage-backed securities 
     29,996  
     —  
     108  
     (2,750) 
     27,354 
  
    Asset-backed securities 
     31,871  
     —  
     342  
     (384) 
     31,829 
  
    Redeemable preferred stocks 
     3,736  
     —  
     —  
     (571) 
     3,165 
  
    Total fixed income securities 
    $334,582  
    $—  
    $1,410  
    $(21,689) 
    $314,303 

    December 31, 2024 

    Cost or
 Amortized 
Cost  
    Allowance for
 Expected 
Credit Losses  
    Gross 
Unrealized 
Gains  
    Gross 
Unrealized 
Losses  
    Fair Value 
  
    Fixed income securities: 

    U.S. Government and agencies 
    $12,601