Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 337

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1A
Chunk 337
---
,184 
  
    Asset-backed securities 
     59,046  
     —  
     386  
     (3,301) 
     56,131 
  
    Redeemable preferred stocks 
     3,737  
     —  
     —  
     (488) 
     3,249 
  
    Total fixed income securities 
    $331,304  
    $—  
    $893  
    $(24,485) 
    $307,712 

    December 31, 2023 

    Cost or 
Amortized
 Cost  
    Allowance for
 Expected 
Credit Losses  
    Gross 
Unrealized 
Gains  
    Gross 
Unrealized 
Losses  
    Fair Value 
  
    Fixed income securities: 

    U.S. Government and agencies 
    $10,998  
    $—  
    $—  
    $(736) 
    $10,262 
  
    Obligations of states and political subdivisions 
     55,769  
     —  
     408  
     (4,716) 
     51,461 
  
    Corporate securities 
     152,630  
     —  
     442  
     (10,856) 
     142,216 
  
    Residential mortgage-backed securities 
     66,362  
     —  
     180  
     (5,379) 
     61,163 
  
    Commercial mortgage-backed securities 
     33,532  
     —  
     148  
     (4,241) 
     29,439 
  
    Asset-backed securities 
     52,692  
     —  
     142  
     (3,805) 
     49,029 
  
    Redeemable preferred stocks 
     4,747  
     —  
     —  
     (586) 
     4,161 
  
    Total fixed income securities 
    $376,730  
    $—  
    $1,320  
    $(30,319) 
    $347,731 

The reconciliation of the amortized cost and estimated fair value
of fixed income securities for continuing and discontinued operations as of December 31