Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 764

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1C
Chunk 764
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    Fixed income securities: 

    U.S. Government and agencies 
    $10,998  
    $—  
    $—  
    $(736) 
    $10,262 
  
    Obligations of states and political subdivisions 
     55,769  
     —  
     408  
     (4,716) 
     51,461 
  
    Corporate securities 
     152,630  
     —  
     442  
     (10,856) 
     142,216 
  
    Residential mortgage-backed securities 
     66,362  
     —  
     180  
     (5,379) 
     61,163 
  
    Commercial mortgage-backed securities 
     33,532  
     —  
     148  
     (4,241) 
     29,439 
  
    Asset-backed securities 
     52,692  
     —  
     142  
     (3,805) 
     49,029 
  
    Redeemable preferred stocks 
     4,747  
     —  
     —  
     (586) 
     4,161 
  
    Total fixed income securities 
    $376,730  
    $—  
    $1,320  
    $(30,319) 
    $347,731 

The reconciliation of the amortized cost and estimated fair value
of fixed income securities for continuing and discontinued operations as of December 31, 2024, and December 31, 2023, were as follows:

    December 31, 2024 

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

    Continuing operations 
    $331,304  
    $—  
    $893  
    $(24,485) 
    $307,712 
  
    Discontinued operations 
     —  
     —  
     —  
     —  
     — 
  
    Total fixed income securities 
    $331,304  
    $—  
    $893  
    $(