---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-24-000724"
form_type: "8-K"
ticker: "NODK"
cik: "0001681206"
company_name: "NI Holdings, Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T06:21:47.475539+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# NI Holdings Q1 net income $6.4M vs loss; combined ratio improves to 97.2%

## Summary
- Direct written premiums up 13.4% to $102.7M, led by Non-Standard Auto (+23.2%) and Home & Farm (+13.1%).
- Combined ratio improved to 97.2% from 112.2% a year ago, driven by rate increases and lower weather losses.
- EPS of $0.31 vs -$0.20; net income attributable to NI Holdings of $6.4M vs -$4.2M.
- Net investment income rose to $3.6M on higher fixed-income reinvestment rates; net investment gain $1.8M.

## SEC filing metadata
- accession: 0001174947-24-000724
- form_type: 8-K
- ticker: NODK
- cik: 0001681206
- company_name: NI Holdings, Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681206/000117494724000724/0001174947-24-000724-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681206/000117494724000724/form8k-32190_nodk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-24-000724
- JSON: https://secwatch.observer/filing/0001174947-24-000724.json
- Plain text: https://secwatch.observer/filing/0001174947-24-000724.txt

## Key facts
- Earnings Releases
  NI Holdings, Inc. reported financial results for the quarter ended March 31, 2024.
  - Period: the quarter ended March 31, 2024
  - Result: reported results
  source text: On May 9, 2024, the Company issued a press release announcing its financial results for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1681206/000117494724000724/0001174947-24-000724-index.htm

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