Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 736

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1C
Chunk 736
---

  
    Assets: 

    Cash and cash equivalents 
    $50,930  
    $41,037 
  
    Fixed income securities, at fair value (net of allowance for expected credit losses of $0 at December 31, 2024 and 2023) 
     307,712  
     289,399 
  
    Equity securities, at fair value 
     24,640  
     21,983 
  
    Other investments 
     1,812  
     2,006 
  
    Total cash and investments 
     385,094  
     354,425 

    Premiums and agents' balances receivable (net of allowance for expected credit losses of $337 at December 31, 2024 and $394 at December 31, 2023) 
     52,907  
     56,154 
  
    Deferred policy acquisition costs 
     26,300  
     26,790 
  
    Reinsurance premiums receivable (payable) 
     746  
     (1,403)
  
    Reinsurance recoverables on losses (net of allowance for expected credit losses of $0 at December 31, 2024 and 2023) 
     12,561  
     6,460 
  
    Income tax recoverable 
     7,017  
     — 
  
    Accrued investment income 
     2,629  
     2,325 
  
    Property and equipment, net 
     7,547  
     7,452 
  
    Deferred income taxes 
     7,324  
     9,228 
  
    Receivable from Federal Crop Insurance Corporation 
     13,223  
     17,404 
  
    Goodwill and other intangibles 
     100  
     2,728 
  
    Other assets 
     11,097  
     10,866 
  
    Assets of discontinued operations 
     —  
     162,457 
  
    Total assets 
    $526,545  
    $654,886 

    Liabilities: 

    Unpaid losses and loss adjustment expenses 
    $137,288  
    $119,185 
  
    Unearned premiums 
     126,498  
     126,100 
  
    Income tax payable 
     —