---
schema_version: "secwatch.filing_event.v1"
accession: "0002077096-25-000137"
form_type: "8-K"
ticker: "NODK"
cik: "0001681206"
company_name: "NI Holdings, Inc."
filed_at: "2025-10-10T23:59:59+00:00"
generated_at: "2026-05-17T04:05:01.872979+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# CEO Seth Daggett departs; Cindy Launer appointed President and CEO effective Oct 10, 2025

## Summary
- Seth Daggett stepped down as President and CEO and resigned from the board, effective October 10, 2025.
- Cindy Launer, a board member since Nov 2019 and former interim CEO, appointed as President and CEO effective same date.
- Company expects ~$2.5M severance payment to Daggett under termination without cause, subject to separation agreement.
- Launer previously served as COO of AIG's Commercial Insurance business and brings 18 years of insurance industry experience.

## SEC filing metadata
- accession: 0002077096-25-000137
- form_type: 8-K
- ticker: NODK
- cik: 0001681206
- company_name: NI Holdings, Inc.
- filed_at: 2025-10-10T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1681206/000207709625000137/0002077096-25-000137-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1681206/000207709625000137/ea0260983-8k_nihold.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0002077096-25-000137
- JSON: https://secwatch.observer/filing/0002077096-25-000137.json
- Plain text: https://secwatch.observer/filing/0002077096-25-000137.txt

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