---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-21-001003"
form_type: "8-K"
ticker: "NODK"
cik: "0001681206"
company_name: "NI Holdings, Inc."
filed_at: "2021-11-05T23:59:59+00:00"
generated_at: "2026-06-28T12:12:57.069112+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# NI Holdings Q3 net loss $4.7M (-$0.22/sh) vs net income $3.7M a year ago; combined ratio 110.9%

## Summary
- Net loss attributable of $4.7M (-$0.22/sh) vs net income $3.7M ($0.17/sh) in prior-year Q3.
- Direct written premiums +0.9% to $68.9M; net earned premiums +12.0% to $82.2M.
- Combined ratio worsened to 110.9% from 103.6%, driven by weather, auto claims frequency, and drought on crop segment.
- After-tax decrease of $2.0M in net unrealized gains on equity securities hurt EPS by -$0.25 vs prior-year quarter.
- New $5M share repurchase authorization approved; 49,862 shares repurchased in Q3.

## SEC filing metadata
- accession: 0001174947-21-001003
- form_type: 8-K
- ticker: NODK
- cik: 0001681206
- company_name: NI Holdings, Inc.
- filed_at: 2021-11-05T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681206/000117494721001003/0001174947-21-001003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681206/000117494721001003/form8k-26917_nodk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-21-001003
- JSON: https://secwatch.observer/filing/0001174947-21-001003.json
- Plain text: https://secwatch.observer/filing/0001174947-21-001003.txt

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