---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-23-000991"
form_type: "8-K"
ticker: "NODK"
cik: "0001681206"
company_name: "NI Holdings, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:16:03.693689+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NI Holdings Q2 net loss narrows to $0.38/sh; combined ratio 114%

## Summary
- Net loss attributable to NI Holdings of $8.1M vs $45.9M loss in Q2 2022; loss per share $0.38 vs $2.15.
- Combined ratio improved to 114.0% from 159.6% due to lower weather losses, partly offset by elevated loss costs and inflation.
- Net earned premiums up 11.4% to $94.2M; direct written premiums flat at $144.3M.
- Net investment income rose to $2.5M from $2.0M; net investment loss of $0.2M vs $11.1M loss.
- Repurchased 192,065 shares at avg $13.55 for $2.6M.

## SEC filing metadata
- accession: 0001174947-23-000991
- form_type: 8-K
- ticker: NODK
- cik: 0001681206
- company_name: NI Holdings, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681206/000117494723000991/0001174947-23-000991-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681206/000117494723000991/form8k-30574_nodk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-23-000991
- JSON: https://secwatch.observer/filing/0001174947-23-000991.json
- Plain text: https://secwatch.observer/filing/0001174947-23-000991.txt

## Key facts
- Earnings Releases
  NI Holdings, Inc. reported financial results for quarter ended June 30, 2023.
  - Period: quarter ended June 30, 2023
  - Result: reported results
  source text: On August 8, 2023, the Company issued a press release announcing its financial results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1681206/000117494723000991/0001174947-23-000991-index.htm

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