American Family Insurance is selling their non-standard auto insurance business to Sentry Insurance. I expect more insurance deals, especially deals like this with mutual buyers. My next bet for a deal target is Chris runs the investing group Sifting the World , in which he shares his best ideas, deep research, extensive resources and real time updates as investments play out. The group contains an experienced community that shares specialized knowledge when members have local knowledge of opportunities und ...

FARGO, N.D., Aug. 15, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) today announced that Michael J. Alexander has stepped down from his role as President and Chief Executive Officer of NI Holdings, along with his role as a board member of the company, effective August 13, 2024. To ensure seamless stewardship of the company until a permanent successor is named, the Board has appointed Cindy L. Launer as Interim Chief Executive Officer, effective August 13, 2024. Ms. Launer has served as an indepe ...

FARGO, N.D., Aug. 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended June 30, 2024. Summary of Second Quarter 2024 Results – Continuing Operations (All comparisons vs. continuing operations for the second quarter of 2023, unless noted otherwise) Direct written premiums of $118.5 million compared to $121.6 million. This 2.6% reduction was driven by Crop as a result of lower commodity prices impacting multi-peril crop insurance premiums, partially offse ...

NI Holdings, Inc. Reports Results for Second Quarter Ended June 30, 2024 FARGO, North Dakota, August 8, 2024 – NI Holdings, Inc. (NASDAQ: NODK) announced today results for the quarter ended June 30, 2024. Summary of Second Quarter 2024 Results – Continuing Operations (All comparisons vs. continuing operations for the second quarter of 2023, unless noted otherwise) · Direct written premiums of $118.5 million compared to $121.6 million. This 2.6% reduction was driven by Crop as a result of lower commodity pri ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-37973 NI HOLDINGS, INC. (Exact name of registrant as specified in its charter) NORTH DAKOTA 81-2683619 (State or other jurisdiction of (IRS Emp ...

Core Points - NI Holdings, Inc. has completed the sale of its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, for a total consideration of $10.5 million in cash, subject to post-closing adjustments [1] Company Overview - NI Holdings, Inc. is an insurance holding company based in North Dakota, formed as a stock holding company of Nodak Insurance Company following the conversion of Nodak Mutual Insurance Company from mutual to stock form on March 13, 2017 [2] - The financial statements of NI Holdings reflect the consolidated results of NI Holdings, Nodak Insurance, and its wholly-owned subsidiaries, including American West Insurance Company, Primero Insurance Company, Battle Creek Insurance Company, and Direct Auto Insurance Company [2]

FARGO, N.D., May 09, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) announced today results for the quarter ended March 31, 2024. Summary of First Quarter 2024 Results(All comparisons vs. the first quarter of 2023, unless noted otherwise) Direct written premiums of $102.7 million, up 13.4%, driven by increases in Non-Standard Auto (23.2%), Home and Farm (13.1%) and Private Passenger Auto (7.9%).Net earned premiums of $85.6 million, up 10.2%.Combined ratio of 97.2% versus 112.2%, driven by the earn ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 9, 2024 NI Holdings, Inc. (Exact name of registrant as specified in its charter) North Dakota 001-37973 81-2683619 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) (Zip code) (701) 298-4200 (Former name or former address, if changed s ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 001-37973 NI HOLDINGS, INC. (Exact name of registrant as specified in its charter) NORTH DAKOTA 81-2683619 (State or other j ...

FARGO, N.D., May 08, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ:NODK) ("NI Holdings") announced today an agreement to sell its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale is $10.5 million in cash, with proceeds planned to be used for general corporate purposes. The transaction was unanimously approved by the Board of Directors and is expected to close in 2024, subject to regulatory approval and other c ...