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NI Holdings NODK Crop — Deferred Policy Acquisition Costs Impairment Loss
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Where this comes from
Reported directly by NI Holdings in its filing.
Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostsImpairmentLoss.
The source filing: NI Holdings’s 10-Q, filed November 7, 2025.
- Filed
- Nov 7, 2025
- Fiscal quarter
- Q3 FY2025
- Calendar quarter
- Q3 2025
- Accession
- 0001174947-25-001356
| Line item | Private Passenger Auto | Non-Standard Auto | Home and Farm | Crop | All Other | Total |
|---|---|---|---|---|---|---|
| Combined ratio | 89.1% | 187.1% | 111.6% | 68.3% | 103.1% | 109.1% |
| Balances at September 30, 2025: | ||||||
| Premiums and agents’ balances receivable | $26,652 | $3,048 | $11,603 | $31,574 | $3,196 | $76,073 |
| Deferred policy acquisition costs | 6,764 | 2,737 | 10,507 | 805 | 1,417 | 22,230 |
| Reinsurance recoverables on losses | 2,668 | — | 10,717 | 4,358 | 5,308 | 23,051 |
| Receivable from Federal Crop Insurance Corporation | — | — | — | 17,752 | — | 17,752 |
| Goodwill and other intangibles | — | 100 | — | — | — | 100 |
| Unpaid losses and loss adjustment expenses | 31,106 | 73,811 | 25,120 | 16,465 | 10,881 | 157,383 |
Item 1. - Financial Statements
FAQ
- What is NI Holdings's crop — deferred policy acquisition costs impairment loss?
- NI Holdings (NODK) reported crop — deferred policy acquisition costs impairment loss of $805K in Q3 2025.
- How has NI Holdings's crop — deferred policy acquisition costs impairment loss changed year-over-year?
- NI Holdings's crop — deferred policy acquisition costs impairment loss increased by 2.4% year-over-year, from $786K to $805K.
- What does crop — deferred policy acquisition costs impairment loss mean?
- This metric measures the write-down or impairment of capitalized costs associated with acquiring new insurance policies in the crop segment. It indicates that the expected future revenue from these policies is no longer sufficient to recover the initial acquisition costs. A rising impairment loss suggests potential issues with policy profitability or aggressive initial cost capitalization.
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