Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 738

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1C
Chunk 738
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 2,213  
     1,929  
     (11,975)
  
    Total revenues 
     325,204  
     304,020  
     267,782 

    Expenses: 

    Losses and loss adjustment expenses 
     207,465  
     186,516  
     241,750 
  
    Amortization of deferred policy acquisition costs 
     71,257  
     67,631  
     53,605 
  
    Other underwriting and general expenses 
     33,709  
     29,326  
     25,303 
  
    Goodwill impairment charge 
     2,628  
     —  
     — 
  
    Total expenses 
     315,059  
     283,473  
     320,658 

    Income (loss) from continuing operations before income taxes 
     10,145  
     20,547  
     (52,876)
  
    Income tax expense (benefit) 
     3,545  
     716  
     (14,191)
  
    Net income (loss) from continuing operations 
     6,600  
     19,831  
     (38,685)
  
    Net income (loss) attributable to non-controlling interest 
     —  
     250  
     (679)
  
    Net income (loss) from continuing operations attributable to NI Holdings, Inc. 
     6,600  
     19,581  
     (38,006)
  
    Loss from discontinued operations, net of income taxes 
     (1,512) 
     (25,057) 
     (15,090)
  
    Loss on sale of discontinued operations, net of income taxes 
     (11,148) 
     —  
     — 
  
    Net loss 
    $(6,060) 
    $(5,476) 
    $(53,096)

    Earnings (loss) per common share from continuing operations: 

    Basic 
    $0.31  
    $0.93  
    $(1.78)
  
    Diluted 
    $0.31  
    $0.92  
    $(1.78)

    Earnings (loss) per common