Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 59

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 59
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902 
  
    Other underwriting and general expenses (1) 
     5,384  
     4,137  
     5,895  
     541  
     1,075  
     17,032 
  
    Underwriting and general expenses 
     14,769  
     14,724  
     16,295  
     1,641  
     2,505  
     49,934 
  
    Underwriting gain (loss) 
     3,617  
     (13,363) 
     (8,063) 
     727  
     2,518  
     (14,564)

    Fee and other income 

     546 
  
    Net investment income 

     5,984 
  
    Net investment gains (losses) 

     459 
  
    Loss before income taxes 

     (7,575)
  
    Income tax expense (benefit) 

     (1,984)
  
    Net loss 

    $(5,591)

    Operating Ratios: 

    Loss and loss adjustment expense ratio 
     59.7%  
     95.8%  
     81.7%  
     77.1%  
     26.1%  
     74.8% 
  
    Expense ratio 
     32.4%  
     44.9%  
     36.2%  
     15.9%  
     36.9%  
     35.5% 
  
    Combined ratio 
     92.1%  
     140.7%  
     117.9%  
     93.0%  
     63.0%  
     110.3% 

(1) Other underwriting and general expenses for each segment include
expenses related to compensation, vendor services, and other administrative items.

35 

    Six Months Ended June 30, 2024 

    Private 
Passenger Auto  
    Non-Standard
 Auto  
    Home and 
Farm  
    Crop  
    All Other  
    Total 
  
    Direct premiums earned 
    $46,619  
    $51,878  
    $49,244  
    $12