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8-K - NI Holdings, Inc. (0001681206) (Filer)
10-Q - NI Holdings, Inc. (0001681206) (Filer)
10-Q/A - NI Holdings, Inc. (0001681206) (Filer)
FARGO, N.D., Nov. 07, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) announced today results for the quarter ended September 30, 2024. Summary of Third Quarter 2024 Results – Continuing Operations(All comparisons vs. continuing operations for the third quarter of 2023, unless noted otherwise) Direct written premiums of $67.7 million compared to $67.9 million. This slight reduction was driven by Non-Standard Auto (-35.8%) due to lower new business and retention, partially offset by Home and Farm (11.6%) driven by higher rate and insured values along with new business growth in North Dakota.Net earned premiums of $83.3 million, up 9.0%.Combined ratio of 111.0% versus 100.8%, driv
NI Holdings (NASDAQ:NODK) reported quarterly earnings of $0.31 per share. This is a 255 percent increase over losses of $(0.20) per share from the same period last year. The company reported $85.56 million in sales this quarter. This is a 10.22 percent increase over sales of $77.63 million the same period last year.
NI Holdings, Inc. (NASDAQ:NODK) ("NI Holdings") announced today an agreement to sell its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale is $10.5 million in cash, with proceeds planned to be used for general corporate purposes. The transaction was unanimously approved by the Board of Directors and is expected to close in 2024, subject to regulatory approval and other closing conditions. "The decision to sell Westminster American Insurance Company was made in the best interest of NI Holdings and its shareholders," said Michael J. Alexander, President, and Chief Executive Officer. "The commercial hab
NI Holdings (NASDAQ:NODK) reported quarterly earnings of $0.32 per share. This is a 700 percent increase over earnings of $0.04 per share from the same period last year. The company reported $88.59 million in sales this quarter. This is a 4.63 percent increase over sales of $84.67 million the same period last year.
SC 13D/A - NI Holdings, Inc. (0001681206) (Subject)
SC 13G - NI Holdings, Inc. (0001681206) (Subject)
FARGO, N.D., Nov. 07, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) announced today results for the quarter ended September 30, 2024. Summary of Third Quarter 2024 Results – Continuing Operations(All comparisons vs. continuing operations for the third quarter of 2023, unless noted otherwise) Direct written premiums of $67.7 million compared to $67.9 million. This slight reduction was driven by Non-Standard Auto (-35.8%) due to lower new business and retention, partially offset by Home and Farm (11.6%) driven by higher rate and insured values along with new business growth in North Dakota.Net earned premiums of $83.3 million, up 9.0%.Combined ratio of 111.0% versus 100.8%, driv
FARGO, N.D., Aug. 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) today announced that Michael J. Alexander has stepped down from his role as President and Chief Executive Officer of NI Holdings, along with his role as a board member of the company, effective August 13, 2024. To ensure seamless stewardship of the company until a permanent successor is named, the Board has appointed Cindy L. Launer as Interim Chief Executive Officer, effective August 13, 2024. Ms. Launer has served as an independent non-executive director on NI Holdings' board since November 2019 and brings 18 years of experience in the insurance industry with a proven track record of success as a global
FARGO, N.D., Aug. 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) announced today results for the quarter ended June 30, 2024. Summary of Second Quarter 2024 Results – Continuing Operations(All comparisons vs. continuing operations for the second quarter of 2023, unless noted otherwise) Direct written premiums of $118.5 million compared to $121.6 million. This 2.6% reduction was driven by Crop as a result of lower commodity prices impacting multi-peril crop insurance premiums, partially offset by growth in Non-Standard Auto (26.4%) due to rate and new business increases, and Home and Farm (11.5%), driven by higher rate and insured values.Net earned premiums of $85.2 million,
FARGO, N.D., May 08, 2023 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) announced today results for the quarter ended March 31, 2023. Summary of First Quarter 2023 Results(All comparisons vs. the first quarter of 2022, unless noted otherwise) Direct written premiums of $90.6 million, up 19.9%, driven by Non-Standard Auto up 52.0%, Commercial up 19.9% and Private Passenger Auto up 10.7%Net earned premiums of $77.6 million, up 11.6%Combined ratio of 112.2% versus 91.3%, driven by elevated loss severity and unfavorable prior year reserve development in Non-Standard Auto and CommercialNet investment gain of $1.4 million and net investment income of $2.2 million, driven by improved equi
FARGO, N.D., Aug. 04, 2022 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) announced today results for quarter ended June 30, 2022. Second Quarter 2022 Financial Highlights: Net loss of $45.9 million, compared to $2.6 million in the prior year quarter. Direct written premiums grew 15.5% from prior year quarter, driven by our Crop, Commercial and Non-Standard Auto segments.Underwriting loss of $50.3 million, compared to $10.2 million in the prior year quarter, driven by net pre-tax catastrophe losses of $49.1 million compared to $10.0 million in the prior year quarter. Net investment losses of $11.1 million, compared to net investment gains of $4.7 millio
FARGO, N.D., July 22, 2022 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) announced today pre-tax catastrophe losses of approximately $49 million, net of reinsurance, for the three months ended June 30, 2022. Losses were primarily in the Home/Farm and Private Passenger Auto segments driven by multiple severe storms in South Dakota and Nebraska. Michael J. Alexander, President and Chief Executive Officer, stated, "Our companies have consistently provided best-in-class underwriting while also identifying and executing growth opportunities. However, similar to the industry, we cannot predict the frequency or severity of storms across our geographical footprint. While there is still some
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4 - NI Holdings, Inc. (0001681206) (Issuer)