NI Holdings

NI Holdings, Inc. engages in the provision of insurance products and services through its subsidiaries. It operates through the following segments: Private Passenger Auto Insurance, Non-Standard Auto Insurance, Home and Farm Insurance, Crop Insurance, Commercial Insurance, and All Other. The Private Passenger Auto Insurance segment offers protection against liability for bodily injury, property damage arising from automobile accidents, and protection against loss from damage to automobiles owned by the insured. The Non-Standard Auto Insurance segment focuses on minimum-limit auto liability coverage. The Home and Farm Insurance segment consists coverage for damage to buildings, equipment, and contents for a variety of perils, including fire, lightning, wind, hail, and theft. The Crop Insurance segment covers crop hail and multi-peril crop insurance policies. The All Other segment captures remaining insurance coverages assumed reinsurance lines of business. The company was founded on March 13, 2017 and is headquartered in Fargo, ND.

Earnings data Q1 2023

Earnings data Q2 2023

FARGO, N.D., March 08, 2023 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the year ended December 31, 2022.

NI Holdings, Inc. Reports Results for Fourth Quarter and Year Ended December 31, 2022

FARGO, N.D., Nov. 07, 2022 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for quarter ended September 30, 2022.

NI Holdings, Inc. Reports Third Quarter 2022 Results

FARGO, N.D., Aug. 04, 2022 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for quarter ended June 30, 2022.

NI Holdings, Inc. Reports Second Quarter 2022 Results

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.

NI Holdings, Inc. Announces Catastrophe Loss Estimates for Second Quarter 2022

FARGO, N.D., May 09, 2022 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that its Board of Directors has approved an authorization for the repurchase of up to approximately $10 million of the company's outstanding common stock. This supports our planned approach to capital deployment to create long-term value for our shareholders – through share repurchases and future strategic acquisitions. This authorization is in addition to approximately $2.0 million remaining under the Board's previous repurchase authorization announced on August 16, 2021, for a total of approximately $12.0 million available for the repurchase of the company's outstanding common stock.

NI Holdings, Inc. Announces $10M Repurchase Plan

FARGO, N.D., May 06, 2022 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today reported net income attributable to NI Holdings of $1.9 million ($0.09 per share) and return on average equity of 2.3% for the quarter ended March 31, 2022, compared to net income of $9.7 million ($0.45 per share) and return on average equity of 11.2% in the prior year quarter.

NI Holdings, Inc. Files Results for First Quarter Ended March 31, 2022

FARGO, N.D., March 09, 2022 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today reported net income attributable to NI Holdings of $6.1 million ($0.29 per share) and return on average equity of 7.2% for the quarter ended December 31, 2021, compared to net income of $21.6 million ($1.01 per share) and return on average equity of 25.9% in the prior year quarter.

NI Holdings, Inc. Files Results for Fourth Quarter and Year Ended December 31, 2021

FARGO, N.D., Nov. 05, 2021 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today reported net loss attributable to NI Holdings of $4.7 million (-$0.22 per share) and return on average equity of -5.5% for the quarter ended September 30, 2021, compared to net income of $3.7 million ($0.17 per share) and return on average equity of 4.6% in the prior year quarter.

NI Holdings, Inc. Files Results for Third Quarter and Nine Months Ended September 30, 2021

FARGO, N.D., Aug. 16, 2021 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that its Board of Directors has approved an authorization for the repurchase of up to approximately $5 million of the company's outstanding common stock. This authorization, in addition to a previous authorization currently in place, supports our planned approach to capital deployment to create long-term value for our shareholders – through share repurchases and future strategic acquisitions.

NI Holdings, Inc. Announces $5M Repurchase Plan

FARGO, N.D., Aug. 04, 2021 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today reported net loss attributable to NI Holdings of $2.644 million (-$0.12 per share) and return on average equity of -3.0% for the quarter ended June 30, 2021, compared to net income of $18.733 million ($0.86 per share) and return on average equity of 24.2% in the prior year quarter.

NI Holdings, Inc. Files Results for Second Quarter and Six Months Ended June 30, 2021

FARGO, N.D., May 05, 2021 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today reported net income attributable to NI Holdings of $9,669 ($0.45 per share) and return on average equity of 11.2% for the quarter ended March 31, 2021, compared to a loss of $3,587 (-$0.16 per share) and return on average equity of -4.7% in the prior year quarter.

NI Holdings, Inc. Files Results for First Quarter Ended March 31, 2021

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of members of Nodak Insurance Group (Nodak). Concurrently, AM Best has affirmed the Long-Term ICR of “bbb+” of NI Holdings, Inc. (Fargo, ND) [NASDAQ: NODK], a publicly traded holding company. The outlook of these Credit Ratings (ratings) is stable. (See below for a full listing of companies and ratings.) The ratings reflect Nod

AM Best Affirms Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.

FARGO, N.D., March 10, 2021 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today reported its financial results for the fourth quarter and year ended December 31, 2020.

NI Holdings, Inc. Files Results for Fourth Quarter and Year Ended December 31, 2020

FARGO, N.D., Nov. 13, 2020 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced the impending retirement of top executive Brian Doom, effective May 25, 2021.

NI Holdings, Inc., announces retirement of Executive VP and CFO Brian Doom

FARGO, N.D., Aug.  05, 2020  (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today reported its financial results for the second quarter and six months ended June 30, 2020.

NI Holdings, Inc. Files Results for Second Quarter and Six Months Ended June 30, 2020

FARGO, N.D., Jan.  03, 2020  (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that it has completed its previously announced acquisition of Westminster American Insurance Company (“Westminster”) from private shareholders on January 1, 2020.

NI Holdings, Inc. Completes Acquisition of Westminster American Insurance Company

FARGO, N.D., Nov.  14, 2019  (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK), an insurance holding company, today announced the appointment of Cindy L. Launer to its Board of Directors, effective immediately.

NI Holdings, Inc. Appoints New Member to Its Board of Directors

FARGO, N.D., Oct.  28, 2019  (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced the signing of a definitive agreement to purchase 100 percent of the issued and outstanding stock of Westminster American Insurance Company from private shareholders.

NI Holdings, Inc. Announces Signing of Agreement to Acquire Westminster American Insurance Company

NI Holdings had its IPO in March 2017 as the first step in a potential two step demutualization process for Nodak Mutual Group Inc.

News for NI Holdings Stock (NODK)