Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 112

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 2
Chunk 112
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3,248 for the nine months ended September 30, 2024.

The major components of our revenues and net loss are shown below:

    Three Months Ended September 30,  
    Nine Months Ended September 30, 

    2025  
    2024  
    2025  
    2024 
  
    Revenues: 

    Net premiums earned 
    $71,905  
    $83,270  
    $212,407  
    $238,323 
  
    Fee and other income 
     261  
     491  
     807  
     1,590 
  
    Net investment income 
     3,040  
     2,811  
     9,024  
     8,089 
  
    Net investment gains 
     1,362  
     2,412  
     1,821  
     3,288 
  
    Total revenues 
     76,568  
     88,984  
     224,059  
     251,290 

    Components of net loss: 

    Net premiums earned 
     71,905  
     83,270  
     212,407  
     238,323 
  
    Losses and loss adjustment expenses 
     56,197  
     65,100  
     161,329  
     174,602 
  
    Amortization of deferred policy acquisition costs and other underwriting and general expenses 
     22,229  
     27,340  
     72,163  
     80,381 
  
    Underwriting loss 
     (6,521) 
     (9,170) 
     (21,085) 
     (16,660)

    Fee and other income 
     261  
     491  
     807  
     1,590 
  
    Net investment income 
     3,040  
     2,811  
     9,024  
     8,089 
  
    Net investment gains 
     1,362  
     2,412  
     1,821  
     3,288 
  
    Loss from continuing operations before income taxes 
     (1,858) 
     (3,