Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 56

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 56
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     103.1%  
     109.1% 

    Balances at September 30, 2025: 

    Premiums and agents’ balances receivable 
    $26,652  
    $3,048  
    $11,603  
    $31,574  
    $3,196  
    $76,073 
  
    Deferred policy acquisition costs 
     6,764  
     2,737  
     10,507  
     805  
     1,417  
     22,230 
  
    Reinsurance recoverables on losses 
     2,668  
     —  
     10,717  
     4,358  
     5,308  
     23,051 
  
    Receivable from Federal Crop Insurance Corporation 
     —  
     —  
     —  
     17,752  
     —  
     17,752 
  
    Goodwill and other intangibles 
     —  
     100  
     —  
     —  
     —  
     100 
  
    Unpaid losses and loss adjustment expenses 
     31,106  
     73,811  
     25,120  
     16,465  
     10,881  
     157,383 
  
    Unearned premiums 
     38,561  
     9,600  
     57,651  
     8,474  
     8,174  
     122,460 

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

33 

    Three Months Ended September 30, 2024 

    Private 
Passenger Auto  
    Non-Standard 
Auto  
    Home and
 Farm  
    Crop  
    All Other  
    Total 
  
    Direct premiums earned 
    $23,981  
    $23,069  
    $26,092  
    $13,649  
    $3,334  
    $90,125 
  
    Assumed premiums earned 
     —  
     —  
     —  
     1,610