NI Holdings, Inc. (NODK)
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AM Best Downgrades Issuer Credit Ratings of Members of Nodak Insurance Group and NI Holdings, Inc.
Published: May 20, 2025 by: Business Wire
Sentiment: Neutral
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of the members of Nodak Insurance Group (Nodak). The outlook of the Long-Term ICRs has been revised to stable from negative, while the outlook of the FSR is stable. Concurrently, AM Best has downgraded the Long-Term ICR to “bbb” (Good) from “bbb+” (Good) of NI Holdings, Inc. (Fargo, N.
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About NI Holdings, Inc. (NODK)
- IPO Date 2017-03-16
- Website https://www.niholdingsinc.com
- Industry Insurance - Property & Casualty
- CEO Cindy L. Launer
- Employees 202