Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 980

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 2
Chunk 980
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 $246,744  
    $(29,740) 
    $279,196  
    $(30,319)

The reconciliation for continuing and discontinued operations
by duration of the Company’s gross unrealized losses on fixed income securities are shown below.

    December 31, 2024 

    Less than 12 Months  
    Greater than 12 months  
    Total 

    Fair Value  
    Unrealized
 Losses  
    Fair Value  
    Unrealized
 Losses  
    Fair Value  
    Unrealized
 Losses 
  
    Fixed income securities: 

    Continuing operations 
    $72,860  
    $(1,356) 
    $176,398  
    $(23,129) 
    $249,258  
    $(24,485)
  
    Discontinued operations 
     —  
     —  
     —  
     —  
     —  
     — 
  
    Total fixed income securities 
    $72,860  
    $(1,356) 
    $176,398  
    $(23,129) 
    $249,258  
    $(24,485)

    December 31, 2023 

    Less than 12 Months  
    Greater than 12 months  
    Total 

    Fair Value  
    Unrealized
 Losses  
    Fair Value  
    Unrealized
 Losses  
    Fair Value  
    Unrealized
 Losses 
  
    Fixed income securities: 

    Continuing operations 
    $24,049  
    $(509) 
    $211,367  
    $(24,390) 
    $235,416  
    $(24,899)
  
    Discontinued operations 
     8,403  
     (70) 
     35,377  
     (5,350) 
     43,780  
     (5,420)
  
    Total fixed income securities 
    $32,452  
    $(579) 
    $246,744  
    $(29,740) 
    $279,196  
    $(30,319)

We, along with our investment advisor, frequently
review our investment portfolio for declines in fair value that could be indicative of credit losses. Beginning on December 31, 2022,
credit losses are recognized through an