Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 54

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 54
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 is used to monitor segment
results compared to prior period, forecasted results, and the annual plan.

We do not assign or allocate all line items in
our Consolidated Statement of Operations or Consolidated Balance Sheets to our operating segments. Those line items include net investment
income, net investment gains, fee and other income excluding Non-Standard Auto, and income tax expense within the Unaudited Consolidated
Statement of Operations. For the Consolidated Balance Sheets, those items include cash and investments, property and equipment, other
assets, accrued expenses and other liabilities, income taxes recoverable, and shareholders’ equity.

32 

    Three Months Ended September 30, 2025 

    Private 
Passenger Auto  
    Non-Standard
 Auto  
    Home and
 Farm  
    Crop  
    All Other  
    Total 
  
    Direct premiums earned 
    $24,242  
    $10,874  
    $28,508  
    $14,160  
    $4,035  
    $81,819 
  
    Assumed premiums earned 
     —  
     —  
     —  
     1,604  
     137  
     1,741 
  
    Ceded premiums earned 
     (1,036) 
     (15) 
     (4,866) 
     (5,400) 
     (338) 
     (11,655)
  
    Net premiums earned 
     23,206  
     10,859  
     23,642  
     10,364  
     3,834  
     71,905 

    Direct losses and loss adjustment expenses 
     15,664  
     15,380  
     15,029  
     6,837  
     4,918  
     57,828 
  
    Assumed losses and loss adjustment expenses 
     —  
     —  
     —  
     504  
     19  
     523 
  
    Ceded losses and loss adjustment expenses 
     (1,550) 
     —  
     3,527  
     (2,002) 
     (2,129) 
     (2,154)
  
    Net losses and loss adjustment expenses