Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 1035

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 2
Chunk 1035
---
     29.6%  
     42.8%  
     29.9%  
     24.5%  
     29.4%  
     33.2% 
  
    Combined ratio 
     101.8%  
     114.6%  
     91.0%  
     66.3%  
     42.5%  
     97.0% 

    Balances at December 31, 2023: 

    Premiums and agents’ balances receivable 
    $24,152  
    $19,853  
    $9,755  
    $89  
    $2,305  
    $56,154 
  
    Deferred policy acquisition costs 
     5,834  
     11,966  
     8,005  
     —  
     985  
     26,790 
  
    Reinsurance recoverables on losses 
     15  
     —  
     2,949  
     1,343  
     2,153  
     6,460 
  
    Receivable from Federal Crop Insurance Corporation 
     —  
     —  
     —  
     17,404  
     —  
     17,404 
  
    Goodwill and other intangibles 
     —  
     2,728  
     —  
     —  
     —  
     2,728 
  
    Unpaid losses and loss adjustment expenses 
     28,037  
     61,272  
     18,205  
     3,884  
     7,787  
     119,185 
  
    Unearned premiums 
     35,367  
     36,426  
     48,210  
     —  
     6,097  
     126,100 

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

99 

    Year Ended December 31, 2022 

    Private 
Passenger Auto  
    Non-Standard 
Auto  
    Home and 
Farm  
    Crop  
    All Other  
    Total