---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-23-001342"
form_type: "8-K"
ticker: "NODK"
cik: "0001681206"
company_name: "NI Holdings, Inc."
filed_at: "2023-11-07T23:59:59+00:00"
generated_at: "2026-06-08T16:05:05.195433+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# NI Holdings reports Q3 EPS $0.01 vs loss $0.47; combined ratio improves to 102% from 114.4%

## Summary
- Net income of $231K vs net loss of $9.985M in Q3 2022; diluted EPS $0.01.
- Direct written premiums $81.2M, flat YoY; net earned premiums $90.8M, up 1.4%.
- Combined ratio 102.0% vs 114.4%; loss ratio improved to 70.0% from 88.1%.
- Repurchased 310,385 shares for $4.0M at avg $12.86 per share.
- Net investment income rose to $2.8M from $2.0M, driven by higher reinvestment rates.

## SEC filing metadata
- accession: 0001174947-23-001342
- form_type: 8-K
- ticker: NODK
- cik: 0001681206
- company_name: NI Holdings, Inc.
- filed_at: 2023-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1681206/000117494723001342/0001174947-23-001342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681206/000117494723001342/form8k-30986_nodk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-23-001342
- JSON: https://secwatch.observer/filing/0001174947-23-001342.json
- Plain text: https://secwatch.observer/filing/0001174947-23-001342.txt

## Key facts
- Earnings Releases
  NI Holdings, Inc. reported financial results for the quarter ended September 30, 2023.
  - Period: the quarter ended September 30, 2023
  - Result: reported results
  source text: On November 7, 2023, the Company issued a press release announcing its financial results for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1681206/000117494723001342/0001174947-23-001342-index.htm

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