Company: NODK
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001174947-25-001142
Chunk: 153

Company: NI Holdings, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 8
Chunk 153
---
) 
     1,955  
     810  
     (11,708)

    Fee and other income 

     695 
  
    Net investment income 

     2,523 
  
    Net investment gains (losses) 

     (580)
  
    Loss before income taxes 

     (9,070)
  
    Income tax expense (benefit) 

     (1,592)
  
    Net loss 

    $(7,478)

    Operating Ratios: 

    Loss and loss adjustment expense ratio 
     88.7%  
     72.2%  
     100.5%  
     66.6%  
     25.5%  
     81.4% 
  
    Expense ratio 
     30.4%  
     38.4%  
     33.1%  
     15.6%  
     48.0%  
     32.3% 
  
    Combined ratio 
     119.1%  
     110.6%  
     133.6%  
     82.2%  
     73.5%  
     113.7% 

    Balances at June 30, 2024: 

    Premiums and agents’ balances receivable 
    $26,393  
    $15,357  
    $11,927  
    $36,382  
    $2,772  
    $92,831 
  
    Deferred policy acquisition costs 
     6,719  
     11,533  
     9,598  
     2,120  
     1,187  
     31,157 
  
    Reinsurance recoverables on losses 
     930  
     —  
     2,726  
     1,685  
     4,082  
     9,423 
  
    Receivable from Federal Crop Insurance Corporation 
     —  
     —  
     —  
     13,793  
     —  
     13,793 
  
    Goodwill and other intangibles 
     —  
     2,728  
     —  
     —  
     —