secwatch.observer — SEC 8-K summary
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Issuer:     NI Holdings, Inc. (NODK)
CIK:        0001681206
Form:       8-K
Filed at:   2021-11-05T23:59:59+00:00
Accession:  0001174947-21-001003
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681206/000117494721001003/0001174947-21-001003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681206/000117494721001003/form8k-26917_nodk.htm
  HTML page:      https://secwatch.observer/filing/0001174947-21-001003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer