Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 1210

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 3
Chunk 1210
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,128 
  
    Total paid 
     195,463  
     179,502  
     231,562 

    Balance, end of year: 

    Liability for unpaid losses and loss adjustment expenses 
     137,288  
     119,185  
     114,296 
  
    Reinsurance recoverables on losses 
     12,561  
     6,460  
     8,586 
  
    Net balance, end of year 
    $124,727  
    $112,725  
    $105,710 

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Discontinued operations: 

    Balance, beginning of year: 

    Liability for unpaid losses and loss adjustment expenses 
    $97,934  
    $76,163  
    $31,662 
  
    Reinsurance recoverables on losses 
     42,509  
     28,989  
     8,722 
  
    Net balance, beginning of year 
     55,425  
     47,174  
     22,940 

    Incurred related to: 

    Current year 
     24,115  
     39,750  
     45,648 
  
    Prior years 
     (609) 
     18,146  
     7,034 
  
    Total incurred 
     23,506  
     57,896  
     52,682 

    Paid related to: 

    Current year 
     5,564  
     17,132  
     15,816 
  
    Prior years 
     11,179  
     32,512  
     12,632 
  
    Total paid 
     16,743  
     49,644  
     28,448 

    Westminster balances disposed in sale: 

    Liability for unpaid losses and loss adjustment expenses 
     107,508  
     —  
     — 
  
    Reinsurance recoverables on losses 
     45,320  
     —  
     — 
  
    Net balance, date of sale 
     62,188  
     —  
     — 

    Balance,