NI Holdings Inc. reported third quarter 2025 results with net earned premiums of $71.9 million, down 13.6% from $83.3 million in the prior-year period. The loss and loss adjustment expense ratio remained unchanged at 78.2%. The combined ratio improved to 109.1% from 111.0%. Net loss attributable to NI Holdings was $1.7 million, compared to a net loss of $2.7 million in the same period last year. The company announced it has stopped writing non-standard auto business in Illinois, Arizona, and South Dakota due to adverse prior year development in that segment. Return on average equity was negative 2.7%, compared to negative 4.5% a year ago. Basic loss per share was $0.08, improved from a loss of $0.13 per share in the third quarter of 2024.