Company: NODK
Filing Date: 2025-03-07
Form Type: 10-K
Source: 0001174947-25-000304
Chunk: 557

Company: NI Holdings, Inc.
Filing Date: 2025-03-07
Form: 10-K
Item: Item 1B
Chunk 557
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     1,419  
     2,422  
     1,184 
  
    Net investment income 
    $12,362  
    $10,456  
    $7,820 

Net investment gains (losses) for continuing and discontinued operations
consisted of the following:

    Year Ended December 31, 

    2024  
    2023  
    2022 
  
    Continuing Operations: 

    Gross realized gains: 

    Fixed income securities 
    $12  
    $1  
    $116 
  
    Equity securities 
     1,329  
     13,840  
     6,967 
  
    Total gross realized gains 
     1,341  
     13,841  
     7,083 

    Gross realized losses, excluding credit impairment losses: 

    Fixed income securities 
     (211) 
     (524) 
     (183)
  
    Equity securities 
     (579) 
     (1,221) 
     (4,916)
  
    Total gross realized losses, excluding credit impairment losses 
     (790) 
     (1,745) 
     (5,099)

    Net realized gains 
     551  
     12,096  
     1,984 

    Change in net unrealized gains on equity securities 
     1,662  
     (10,167) 
     (13,959)
  
    Net investment gains (losses) – continuing operations 
     2,213  
     1,929  
     (11,975)
  
    Net investment gains (losses) – discontinued operations 
     116  
     195  
     (1,151)
  
    Net investment gains (losses) 
    $2,329  
    $2,124  
    $(13,126)

5.       Fair
Value Measurements

The Company uses fair value measurements to record fair value
adjustments to certain assets to determine fair value disclosures. Investment securities available for sale are recorded at fair value
on a recurring basis. Additionally, from time to time, we may be required to record other assets or liabilities at fair value on a nonrecurring
basis. These nonrecurring fair value adjustments typically involve application of lower-of-cost