NI Holdings, Inc. is the stock holding company of Nodak Mutual Insurance Company (Nodak Mutual). Nodak Mutual is a mutual insurance company based in North Dakota. It offers property and casualty insurance, crop hail, and multi-peril crop insurance to members of the North Dakota Farm Bureau through captive agents in North Dakota. Nodak Mutual writes multi-peril crop, crop hail, private passenger automobile, farmowners, homeowners, and commercial property and liability policies in North Dakota. Members of the North Dakota Farm Bureau Federation can purchase insurance coverage from Nodak Mutual. The Company may also acquire or organize other operating subsidiaries, including insurance companies or other fee-based insurance businesses, such as insurance agencies.