Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 149

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 149
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 to monitor segment
results compared to prior period, forecasted results, and the annual plan.

We do not assign or allocate all line items in our
Consolidated Statement of Operations or Consolidated Balance Sheets to our operating segments. Those line items include net investment
income, net investment gains, fee and other income excluding Non-Standard Auto, and income tax expense within the Unaudited Consolidated
Statement of Operations. For the Consolidated Balance Sheets, those items include cash and investments, property and equipment, other
assets, accrued expenses and other liabilities, income taxes recoverable, and shareholders’ equity.

32 

    Three Months Ended June 30, 2025 

    Private 
Passenger Auto  
    Non-Standard 
Auto  
    Home and 
Farm  
    Crop  
    All Other  
    Total 
  
    Direct premiums earned 
    $24,168  
    $14,526  
    $27,382  
    $12,658  
    $3,808  
    $82,542 
  
    Assumed premiums earned 
     —  
     —  
     —  
     537  
     159  
     696 
  
    Ceded premiums earned 
     (1,245) 
     (21) 
     (6,071) 
     (2,484) 
     (412) 
     (10,233)
  
    Net premiums earned 
     22,923  
     14,505  
     21,311  
     10,711  
     3,555  
     73,005 

    Direct losses and loss adjustment expenses 
     14,617  
     16,860  
     65,924  
     10,464  
     1,517  
     109,382 
  
    Assumed losses and loss adjustment expenses 
     —  
     —  
     —  
     399  
     (115) 
     284 
  
    Ceded losses and loss adjustment expenses 
     (917) 
     —  
     (38,913) 
     (2,395) 
     (834) 
     (43,059)
  
    Net losses and loss adjustment expenses 
     13,700