Company: NODK
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001174947-25-001356
Chunk: 410

Company: NI Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 410
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    Income tax benefit 

     (751)
  
    Net loss 

    $(2,705)

    Operating Ratios: 

    Loss and loss adjustment expense ratio 
     62.2%  
     89.1%  
     93.8%  
     56.9%  
     70.2%  
     78.2% 
  
    Expense ratio 
     33.0%  
     44.9%  
     32.4%  
     16.4%  
     4.3%  
     32.8% 
  
    Combined ratio 
     95.2%  
     134.0%  
     126.2%  
     73.3%  
     74.5%  
     111.0% 

    Balances at September 30, 2024: 

    Premiums and agents’ balances receivable 
    $26,863  
    $12,076  
    $11,043  
    $32,751  
    $2,582  
    $85,315 
  
    Deferred policy acquisition costs 
     6,636  
     9,279  
     9,620  
     786  
     1,150  
     27,471 
  
    Reinsurance recoverables on losses 
     2,142  
     —  
     3,648  
     3,532  
     4,999  
     14,321 
  
    Receivable from Federal Crop Insurance Corporation 
     —  
     —  
     —  
     19,605  
     —  
     19,605 
  
    Goodwill and other intangibles 
     —  
     2,728  
     —  
     —  
     —  
     2,728 
  
    Unpaid losses and loss adjustment expenses 
     34,777  
     73,447  
     23,947  
     16,493  
     10,405  
     159,069 
  
    Unearned premiums 
     38,309  
     28,725  
     54,409