NI Holdings, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2022
May 06, 2022 at 04:07 pm EDT
Share
NI Holdings, Inc. reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported revenue was USD 66.14 million compared to USD 70.8 million a year ago. Net income was USD 1.91 million compared to USD 9.67 million a year ago. Basic earnings per share from continuing operations was USD 0.09 compared to USD 0.45 a year ago. Diluted earnings per share from continuing operations was USD 0.09 compared to USD 0.45 a year ago.
NI Holdings, Inc. is an insurance holding company. The Company is the stock holding company of Nodak Insurance Company (Nodak Insurance). Nodak Insurance is a domestic property and casualty insurance company. The Companyâs segments include private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, commercial insurance, and all other. The private passenger auto insurance segment writes private passenger auto insurance to provide protection against liability for bodily injury and property damage arising from automobile accidents as well as protection against loss from damage to automobiles owned by the insured. The non-standard auto insurance segment writes non-standard auto insurance. The home and farm insurance segment writes homeowners and farmowners policies. The crop insurance segment offers crop hail and multi-peril crop insurance policies. The commercial insurance segment writes commercial multi-peril policies.