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AM Best Affirms Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.
Nodak Insurance Group (Nodak). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) of NI Holdings, Inc. (NI Holdings) (Fargo, ND) [NASDAQ: NODK], a publicly traded ...
Source: BestWire   Date: June 16, 2026
AM Best Affirms Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.
Nodak Insurance Group (Nodak). Concurrently, AM Best has affirmed the Long-Term ICR of "bbb" (Good) of NI Holdings, Inc. (NI Holdings) (Fargo, ND) [NASDAQ: NODK], a publicly traded ...
Source: Press Releases   Date: June 16, 2026
Best's Credit Rating Notification - NI Holdings, Inc.
AM Best has made the following rating update: Company: NI Holdings, Inc. AMB #: 046503 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): bbb LT-ICR ...
Source: Rating Actions   Date: June 16, 2026
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Best's Credit Rating Notification - Direct Auto Insurance Company
AM Best has made the following rating update: Company: Direct Auto Insurance Company AMB #: 013774 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A FSR ...
Source: Rating Actions   Date: June 16, 2026
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Best's Credit Rating Notification - Nodak Insurance Company
AM Best has made the following rating update: Company: Nodak Insurance Company AMB #: 000705 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A FSR Action: ...
Source: Rating Actions   Date: June 16, 2026
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NI Holdings Swings to Fourth-Quarter Net Loss, Hit by Nonstandard Auto, Auto Liability Severity
Chief Executive Officer Cindy Launer called "prudent and necessary." Net earned premiums declined 18.9% in the quarter to $58.2 million. The combined ratio worsened 29.6 points to ...
Source: BestWire   Date: March 10, 2026
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NI Holdings President & CEO Steps Down; Successor Is Named
December 2024 (BestWire, Nov. 25, 2024). Launer previously served as the interim CEO of NI Holdings in the fall of 2024 and has otherwise served as an independent nonexecutive ...
Source: BestWire   Date: October 13, 2025
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NI Holdings Second-Quarter Net Loss Narrows as Business Changes Continue
Executive Officer Seth Daggett said in a statement. He referred to recent storms in North Dakota as historic. AM Best recently downgraded the Long-Term Issuer Credit Ratings of the ...
Source: BestWire   Date: August 11, 2025
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AM Best Downgrades Issuer Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.
June 30, 2024, NI Holdings, Inc. sold that company and subsequently removed it as a member of the pool. The group reported its highest combined ratio over the past five-year ...
Source: Press Releases   Date: May 20, 2025
AM Best Downgrades Issuer Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.
June 30, 2024, NI Holdings, Inc. sold that company and subsequently removed it as a member of the pool. The group reported its highest combined ratio over the past five-year ...
Source: BestWire   Date: May 20, 2025
Best's Credit Rating Notification - NI Holdings, Inc.
AM Best has made the following rating update: Company: NI Holdings, Inc. AMB #: 046503 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): bbb LT-ICR ...
Source: Rating Actions   Date: May 20, 2025
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Best's Credit Rating Notification - Direct Auto Insurance Company
AM Best has made the following rating update: Company: Direct Auto Insurance Company AMB #: 013774 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A FSR ...
Source: Rating Actions   Date: May 20, 2025
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Best's Credit Rating Notification - Nodak Insurance Company
AM Best has made the following rating update: Company: Nodak Insurance Company AMB #: 000705 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A FSR Action: ...
Source: Rating Actions   Date: May 20, 2025
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NI Holdings Announces CEO Succession, Effective December 1
Holdings in addition to his chief financial officer role. Prior to joining the carrier, he was CFO and treasurer of RAM Mutual Insurance Co. He began his career as an auditor with ...
Source: BestWire   Date: November 25, 2024
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NI Holdings CEO Steps Down; Interim Chief Executive Is Appointed
The board appointed Cindy L. Launer as interim CEO, also effective Aug. 13. Launer has served as an independent nonexecutive director on NI Holdings' board since November 2019 and ...
Source: BestWire   Date: August 16, 2024
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AM Best Downgrades Credit Ratings of Westminster American Insurance Company; Maintains Under Review With Negative Implications Status
Company (WAIC) (headquartered in Owings Mills, MD). Concurrently, AM Best has maintained the under review with negative implications status for these Credit Ratings (ratings). The ...
Source: Press Releases   Date: July 11, 2024
AM Best Downgrades Credit Ratings of Westminster American Insurance Company; Maintains Under Review With Negative Implications Status
Company (WAIC) (headquartered in Owings Mills, MD). Concurrently, AM Best has maintained the under review with negative implications status for these Credit Ratings (ratings). The ...
Source: BestWire   Date: July 11, 2024
AM Best Affirms Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.
Nodak Insurance Group (Nodak). The outlook of the FSR is stable while the outlook of the Long-Term ICR is negative. Concurrently, AM Best has affirmed the Long-Term ICR of "bbb+" ...
Source: Press Releases   Date: May 10, 2024
Best's Credit Rating Notification - NI Holdings, Inc.
AM Best has made the following rating update: Company: NI Holdings, Inc. AMB #: 046503 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): bbb+ LT-ICR ...
Source: Rating Actions   Date: May 10, 2024
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Best's Credit Rating Notification - Direct Auto Insurance Company
AM Best has made the following rating update: Company: Direct Auto Insurance Company AMB #: 013774 Current Best's Credit Ratings: Best's Financial Strength Rating (FSR): A FSR ...
Source: Rating Actions   Date: May 10, 2024
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