Recent Updates — NODK
NI Holdings, Inc. reported financial results for the quarter ended June 30, 2026. Gross premiums written decreased to $107.2 million from $111.8 million in the prior year period, driven by a strategic exit from Non-Standard Auto and declines in Private Passenger Auto, partially offset by growth in Crop and assumed reinsurance business. The combined ratio improved significantly to 107.7% from 125.1%, aided by lower catastrophe losses and favorable prior-year reserve development. Total pre-tax catastrophe losses were $15.0 million. Net income was $146,000, resulting in basic earnings per share of $0.01 compared to a loss of $(0.57) per share previously. NI Holdings operates as an insurance holding company providing property and casualty insurance products.