secwatch.observer — SEC 8-K summary
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Issuer:     NI Holdings, Inc. (NODK)
CIK:        0001681206
Form:       8-K
Filed at:   2023-08-08T23:59:59+00:00
Accession:  0001174947-23-000991
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681206/000117494723000991/0001174947-23-000991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681206/000117494723000991/form8k-30574_nodk.htm
  HTML page:      https://secwatch.observer/filing/0001174947-23-000991

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