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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Revenues:      
Net premiums earned $ 351,137 $ 328,290 $ 299,589
Fee and other income 1,978 1,453 1,775
Net investment income 10,456 7,820 7,131
Net investment gains (losses) 2,124 (13,126) 15,479
Total revenues 365,695 324,437 323,974
Expenses:      
Losses and loss adjustment expenses 244,412 294,432 216,379
Amortization of deferred policy acquisition costs 82,991 66,803 64,574
Other underwriting and general expenses 35,799 32,231 31,715
Goodwill impairment charge 6,756
Total expenses 369,958 393,466 312,668
Income (loss) before income taxes (4,263) (69,029) 11,306
Income tax expense (benefit) 963 (15,254) 2,974
Net income (loss) (5,226) (53,775) 8,332
Net income (loss) attributable to non-controlling interest 250 (679) (84)
Net income (loss) attributable to NI Holdings, Inc. $ (5,476) $ (53,096) $ 8,416
Earnings (loss) per common share:      
Basic (in Dollars per share) $ (0.26) $ (2.49) $ 0.39
Diluted (in Dollars per share) $ (0.26) $ (2.49) $ 0.39
Share data:      
Weighted average common shares outstanding used in basic per common share calculations (in Shares) 21,159,073 21,333,389 21,424,060
Plus: Dilutive securities (in Shares) 232,366
Weighted average common shares used in diluted per common share calculations (in Shares) 21,159,073 21,333,389 21,656,426