A.M. Best Upgrades Issuer Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.
NI Holdings, Inc. (NODK)
US:NASDAQ Investor Relations:
niholdingsinc.com
Company Research
Source: Business Wire
OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” from “a” and affirmed the Financial Strength Rating (FSR) of A (Excellent) of Nodak Insurance Company (Nodak Insurance) (Fargo, ND), and its reinsured affiliate, Battle Creek Mutual Insurance Company (Battle Creek, NE). Collectively, these companies are referred to as Nodak Insurance Group (Nodak). The outlook of the Long-Term ICR has been revised to stable from positive while the outlook for the FSR remains stable. Also, A.M. Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” of American West Insurance Company (American West) (Fargo, ND), a wholly owned and separately rated subsidiary of Nodak Insurance. The outlook of these ratings remains stable. Concurrently, A.M. Best has upgraded the Long-Term ICR to “bbb+” from “bbb” for NI Holdings, Inc. (Fargo, ND) [NASDAQ: NO
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- The past three years for NI Holdings (NASDAQ:NODK) investors has not been profitable [Yahoo! Finance]Yahoo! Finance
- NI Holdings, Inc. Reports Results for Fourth Quarter and Year Ended December 31, 2023 [Yahoo! Finance]Yahoo! Finance
- NI Holdings, Inc. Reports Results for Fourth Quarter and Year Ended December 31, 2023GlobeNewswire
NODK
Sec Filings
- 4/10/24 - Form ARS
- 4/10/24 - Form DEFA14A
- 4/10/24 - Form DEF
- NODK's page on the SEC website