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Cover - shares
6 Months Ended
Jun. 30, 2024
Jul. 31, 2024
Document Information [Line Items]    
Document Type 10-Q/A  
Document Quarterly Report true  
Document Transition Report false  
Entity Interactive Data Current Yes  
Amendment Flag true  
Amendment Description NI Holdings, Inc. (“NI Holdings”, the “Company”, “we”, “us”, and “our”) is filing this Amendment No. 1 to our Quarterly Report on Form 10-Q/A (“Form 10-Q/A” or “Amended Second Quarter 2024 Quarterly Report”) to amend certain information included in the Company's Quarterly Report on Form 10-Q for the three- and six-month periods ended June 30, 2024, which was filed with the Securities and Exchange Commission (the “SEC”) on August 8, 2024 (the “Original Second Quarter 2024 Quarterly Report”). This Amendment No. 1 is filed to (i) restate the Company’s financial statements as of and for the periods ended June 30, 2024, which should no longer be relied upon; and (ii) describe the restatement and its impact on previously reported amounts.As previously announced in the Company's Current Report on Form 8-K filed with the SEC on October 28, 2024, subsequent to the issuance of the Company's Original Second Quarter 2024 Quarterly Report, the Company identified prior period accounting errors resulting from the incorrect accounting for, and presentation of, the previously announced sale of the Company’s subsidiary, Westminster American Insurance Company (“Westminster”). Additionally, on October 25, 2024, the Audit Committee of the Board of Directors (the “Audit Committee”) of NI Holdings determined, upon the recommendation of Company management, and after consultation with the Company’s independent registered public accounting firm, that the Company’s Original Second Quarter 2024 Quarterly Report and any earnings releases or other communications relating to this period should no longer be relied upon. Management and the Audit Committee determined that the identified errors, described further below, were material and required a restatement of the Original Second Quarter 2024 Quarterly Report within this Form 10-Q/A.Background of RestatementThe Company completed the sale of Westminster on June 30, 2024. Prior to the sale, Westminster was a member of the intercompany reinsurance pooling arrangement (the “pool”) that includes each of the Company’s insurance subsidiaries, the effects of which are eliminated during consolidation for financial reporting in accordance with accounting principles generally accepted in the United States of America (“GAAP”). Given that the deal closed on the last day of the quarter, the Company received regulatory approval for Westminster to remain in the pool for purposes of statutory reporting as of and for the period ended June 30, 2024, and removed from the pool during the subsequent quarter. However, for GAAP reporting purposes, Westminster was deemed to have been sold as of the end of the second quarter, and the loss on the sale was determined by offsetting the proceeds with Westminster’s net assets and liabilities.During the preparation of the Company’s consolidated financial statements as of and for the three- and nine-month periods ended September 30, 2024, the Company identified that we unintentionally failed to record approximately $3.4 million of receivables on Westminster’s closing balance sheet as well as the corresponding payable for Nodak Insurance Company (“Nodak”), a subsidiary of the Company, for amounts owed to Westminster related to the final settlement of the pool once Westminster was no longer a member. Rather than including such balances in the Company’s consolidated financial statements, these receivables/payables were eliminated for GAAP purposes as though they were still intercompany receivables/payables, similar to active pool members, prior to determining the loss on the sale of Westminster. Failure to include these receivables in Westminster’s closing net assets and liabilities caused an approximately $3.4 million understatement of the loss on sale of discontinued operations, which also understated the Company’s total net loss by the same $3.4 million, or $0.17 and $0.16 per basic and diluted share for the three- and six-month periods ended June 30, 2024, respectively. There was no impact to our income tax expense/benefit or the tax benefit associated with the loss on sale as a result of this restatement.Control ConsiderationsManagement concluded that the Company’s internal control over financial reporting ("ICFR") and disclosure controls and procedures ("DCPs") were not effective as of June 30, 2024, due to a material weakness in ICFR. The Company did not design and maintain effective controls over its accounting for intercompany reinsurance pooling activity. Specifically, it lacked an effectively designed internal control related to the evaluation of pooling payable/receivable balances, including when a pool member is sold. See Part 1, Item 4 “Controls and Procedures” for additional information.  
Document Period End Date Jun. 30, 2024  
Document Fiscal Year Focus 2024  
Document Fiscal Period Focus Q2  
Entity Information [Line Items]    
Entity Registrant Name NI HOLDINGS, INC.  
Entity Central Index Key 0001681206  
Entity File Number 001-37973  
Entity Tax Identification Number 81-2683619  
Entity Incorporation, State or Country Code ND  
Current Fiscal Year End Date --12-31  
Entity Current Reporting Status Yes  
Entity Shell Company false  
Entity Filer Category Accelerated Filer  
Entity Small Business false  
Entity Emerging Growth Company false  
Entity Contact Personnel [Line Items]    
Entity Address, Address Line One 1101 First Avenue North  
Entity Address, City or Town Fargo  
Entity Address, State or Province ND  
Entity Address, Postal Zip Code 58102  
Entity Phone Fax Numbers [Line Items]    
City Area Code (701)  
Local Phone Number 298-4200  
Entity Listings [Line Items]    
Title of 12(b) Security Common Stock, $0.01 par value per share  
Trading Symbol NODK  
Security Exchange Name NASDAQ  
Entity Common Stock, Shares Outstanding   20,648,642