Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 1214

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 3
Chunk 1214
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,690 
  
    All outstanding liabilities prior to 2015, net of reinsurance  
     — 
  
    Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance  
    $14,228 

(1) Prior years unaudited

78 

    Crop 
    Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31,  
    At December 31, 2024 
  
    Accident Year 
    2015 (1)  
    2016  
    2017  
    2018  
    2019  
    2020  
    2021  
    2022  
    2023  
    2024  
    Total IBNR
 Plus Expected
 Development 
on Reported 
Claims  
    Cumulative
 Number of
 Reported 
Claims 
  
    (in thousands, except claim counts)  

    2015 
    $13,813  
    $13,849  
    $13,849  
    $13,849  
    $13,849  
    $13,849  
    $13,849  
    $13,849  
    $13,849  
    $13,849  
    $—  
     2,427 
  
    2016 
     —  
     20,209  
     19,582  
     19,487  
     19,487  
     19,487  
     19,487  
     19,487  
     19,487  
     19,487  
     —  
     2,806 
  
    2017 
     —  
     —  
     33,734  
     34,181  
     34,181  
     34,181  
     34,181  
     34,181  
     34,181  
     34,181  
     —  
     2,968 
  
    2018 
     —  
     —  
     —  
     12,506  
     11,730  
     11,730  
     11,730