Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 1676

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 5
Chunk 1676
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110,926 

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

100 

22.       Statutory
Net Income (Loss), Capital and Surplus, and Dividend Restrictions

The following table presents selected information,
as filed with insurance regulatory authorities, for our insurance subsidiaries as determined in accordance with accounting practices prescribed
or permitted by such insurance regulatory authorities as of and for the years ended December 31, 2024, 2023, and 2022:

    2024  
    2023  
    2022 
  
    Nodak Insurance: 

    Statutory capital and surplus 
    $189,694  
    $176,783  
    $175,673 
  
    Statutory unassigned surplus 
     184,694  
     171,783  
     170,673 
  
    Statutory net income (loss) 
     8,492  
     7,839  
     (29,978)

    American West: 

    Statutory capital and surplus 
     16,315  
     15,423  
     14,957 
  
    Statutory unassigned surplus 
     10,314  
     9,422  
     8,956 
  
    Statutory net income (loss) 
     1,001  
     (38) 
     (3,228)

    Primero: 

    Statutory capital and surplus 
     9,056  
     8,585  
     8,677 
  
    Statutory unassigned surplus 
     (203) 
     (675) 
     (582)
  
    Statutory net income (loss) 
     395  
     (136) 
     (1,211)

    Battle Creek: 

    Statutory capital and surplus 
     6,132  
     6,047  
     5,660 
  
    Statutory unassigned surplus 
     3,132  
     3,047  
     2,660 
  
    Statutory net income (loss) 
     162  
     146  
     (1,189)

    Direct Auto: 

    Statutory capital and surplus 
     36,875