Earnings summaries and quarterly performance for NI Holdings.
Executive leadership at NI Holdings.
Board of directors at NI Holdings.
Research analysts covering NI Holdings.
Recent press releases and 8-K filings for NODK.
NI Holdings, Inc. Reports Q3 2025 Results and Announces Strategic Business Changes
NODK
Earnings
Demand Weakening
CEO Change
- NI Holdings, Inc. reported a 13.7% decrease in direct written premiums for the third quarter ended September 30, 2025, totaling $58.5 million, primarily driven by an 80.0% decline in Non-Standard Auto due to a strategic decision to stop writing this business in Illinois, Arizona, and South Dakota.
- The company's combined ratio improved to 109.1% in Q3 2025 from 111.0% in the prior period, although it remained elevated due to unfavorable prior year loss reserve development in Non-Standard Auto.
- Basic loss per share from continuing operations improved to ($0.08) for the third quarter of 2025, compared to ($0.13) in the prior period.
- Cindy Launer rejoined NI Holdings, Inc. as President and Chief Executive Officer.
Nov 7, 2025, 9:15 PM
NI Holdings, Inc. Reports Q3 2025 Results and CEO Reappointment
NODK
Earnings
Demand Weakening
Management Change
- NI Holdings, Inc. reported a basic loss per share of ($0.08) for the third quarter ended September 30, 2025, an improvement from ($0.13) in the prior-year period.
- Direct written premiums decreased by 13.7% to $58.5 million in Q3 2025, primarily driven by an 80.0% decline in Non-Standard Auto premiums following a strategic decision to stop writing this business in Illinois, Arizona, and South Dakota.
- The combined ratio improved to 109.1% in Q3 2025 from 111.0% in Q3 2024, although both periods were impacted by unfavorable prior year loss reserve development in Non-Standard Auto.
- Cindy Launer rejoined NI Holdings, Inc. as President and Chief Executive Officer.
Nov 7, 2025, 9:08 PM
NI Holdings, Inc. Announces New Share Repurchase Authorization
NODK
Share Buyback
- NI Holdings, Inc. (NODK) announced its Board of Directors has approved a new authorization for the repurchase of up to approximately $5 million of its outstanding common stock.
- This new authorization is in addition to the approximately $1.3 million remaining under a previous authorization, resulting in a total of approximately $6.3 million available for share repurchases.
- As of July 31, 2025, NI Holdings, Inc. had 20,675,337 shares of common stock outstanding.
- The timing, number, and value of common shares repurchased are at management's discretion, and the plan may be suspended, discontinued, or modified at any time.
Aug 25, 2025, 8:15 PM
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