Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 316

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1A
Chunk 316
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 property and equipment 
     681  
     692  
     604 
  
    Amortization of intangibles 
     —  
     33  
     50 
  
    Goodwill impairment charge 
     2,628  
     —  
     — 
  
    Distribution of employee stock ownership plan shares 
     365  
     322  
     380 
  
    Share-based compensation 
     238  
     1,366  
     (40)
  
    Amortization of deferred policy acquisition costs 
     71,257  
     67,631  
     53,605 
  
    Deferral of policy acquisition costs 
     (70,767) 
     (71,746) 
     (57,233)
  
    Net amortization of premiums and discounts on investments 
     607  
     928  
     1,435 
  
    Gain on sale of property and equipment 
     (64) 
     (52) 
     (164)
  
    Changes in operating assets and liabilities: 

    Premiums and agents’ balances receivable 
     3,247  
     (8,808) 
     (9,453)
  
    Reinsurance premiums receivable / payable 
     (2,149) 
     (424) 
     936 
  
    Reinsurance recoverables on losses 
     (6,101) 
     2,126  
     3,892 
  
    Accrued investment income 
     (304) 
     (179) 
     109 
  
    Federal Crop Insurance Corporation receivable / payable 
     4,181  
     (1,942) 
     (20,424)
  
    Other assets 
     (231) 
     (1,506) 
     938 
  
    Unpaid losses and loss adjustment expenses 
     18,103  
     4,889  
     6,296 
  
    Unearned premiums 
     398  
     15,174  
     15,237 
  
    Income tax recoverable / payable 
     (7,164) 
     14,105  
     (13,275)
  
    Accrued expenses and other liabilities 
     469