Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 205

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 2
Chunk 205
---
,575) 
     (237)
  
    Income tax expense (benefit) 
     (3,273) 
     (1,592) 
     (1,984) 
     306 
  
    Net loss from continuing operations 
    $(12,051) 
    $(7,478) 
    $(5,591) 
    $(543)

Net Premiums Earned

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Net premiums earned: 

    Direct premium 
    $82,542  
    $91,500  
    $154,704  
    $166,899 
  
    Assumed premium 
     696  
     653  
     735  
     804 
  
    Ceded premium 
     (10,233) 
     (6,984) 
     (14,937) 
     (12,650)
  
    Total net premiums earned 
    $73,005  
    $85,169  
    $140,502  
    $155,053 

Net premiums earned for the three months ended June 30, 2025, decreased
$12,164, or 14.3%, compared to the three months ended June 30, 2024. Net premiums earned for the six months ended June 30, 2025, decreased
14,551, or 9.4%, compared to the six months ended June 30, 2024.

    Three Months Ended June 30,  
    Six Months Ended June 30, 

    2025  
    2024  
    2025  
    2024 
  
    Net premiums earned: 

    Private Passenger Auto 
    $22,923  
    $22,471  
    $45,581  
    $44,573 
  
    Non-Standard Auto 
     14,505  
     26,743  
     32,758  
     51,731 
  
    Home and Farm 
     21,311  
     21,924  
     45,031  
     43,339 
  
    Crop 
     10,711