---
schema_version: "secwatch.filing_event.v1"
accession: "0001174947-24-001228"
form_type: "8-K"
ticker: "NODK"
cik: "0001681206"
company_name: "NI Holdings, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:38:12.132693+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NI Holdings reports Q3 net loss of $2.7M; combined ratio worsens to 111%

## Summary
- Net loss from continuing ops of $2.7M vs income of $0.7M; basic loss per share $(0.13).
- Combined ratio of 111.0% (up 10.2 pts) due to higher weather losses and CEO transition costs.
- Direct written premiums $67.7M, flat YoY; Non-Standard Auto down 35.8%, Home and Farm up 11.6%.
- Net investment income rose 32.5% to $2.8M on higher fixed income reinvestment rates.
- Company sold Westminster American in Q2, refocusing on core business to return to profitability.

## SEC filing metadata
- accession: 0001174947-24-001228
- form_type: 8-K
- ticker: NODK
- cik: 0001681206
- company_name: NI Holdings, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681206/000117494724001228/0001174947-24-001228-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681206/000117494724001228/form8k-33086_nodk.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001174947-24-001228
- JSON: https://secwatch.observer/filing/0001174947-24-001228.json
- Plain text: https://secwatch.observer/filing/0001174947-24-001228.txt

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