---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-21-000748"
form_type: "8-K"
ticker: "NODK"
cik: "0001681206"
company_name: "NI Holdings, Inc."
filed_at: "2021-08-04T23:59:59+00:00"
generated_at: "2026-06-29T22:41:45.201728+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NI Holdings Q2 net loss of $2.6M vs profit $18.7M a year ago; combined ratio worsens

## Summary
- Net loss of $2.644M (-$0.12 per share) vs net income of $18.733M ($0.86) in Q2 2020.
- Direct written premiums grew 11.4% to $125.6M, driven by commercial and non-standard auto.
- Combined ratio deteriorated to 113.4% from 87.8% on higher weather losses, auto frequency, and drought.
- Shareholders' equity up 8.1% to $350.9M; 118,531 shares repurchased for $2.267M in H1 2021.
- No earnings conference call held; management cites expected improvement in second half.

## SEC filing metadata
- accession: 0001174947-21-000748
- form_type: 8-K
- ticker: NODK
- cik: 0001681206
- company_name: NI Holdings, Inc.
- filed_at: 2021-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681206/000117494721000748/0001174947-21-000748-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681206/000117494721000748/form8k-26483_nih.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-21-000748
- JSON: https://secwatch.observer/filing/0001174947-21-000748.json
- Plain text: https://secwatch.observer/filing/0001174947-21-000748.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.