B
Nodak Ins Co
Fargo,  ND
Rating Date
June 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.70
Risk Adjusted
Capital Ratio #2
1.90
Loss
Ratio
67.55%
Total
Assets
393.91M
Capital
196.31M
Net
Premiums
214.86M
Net
Income
5.59M
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Weiss Ratings Nodak Ins Co
Fargo, ND 		Click to
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Rating B
Capitalization Index 8.10
Investment Safety Index --
Liquidity Index 7.00
Profitability Index 4.40
Reserve Adequacy Index 5.70
Stability Index 6.80
Company Info Nodak Ins Co
Fargo, ND 		Click to
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Industry P&C
NAIC Number 34592
Phone Number (701) 298-4200
Website www.nodakins.com
Address 1101 First Avenue, North Fargo, ND 58102
Balance Sheet Nodak Ins Co
Fargo, ND 		Click to
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Total Assets 393.91M
Capital and Reserves Nodak Ins Co
Fargo, ND 		Click to
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Risk-Adjusted Capital Ratio #1 2.70
Risk-Adjusted Capital Ratio #2 1.90
1-Year Reserve Development 490.00%
2-Year Reserve Development 350.00%
Capital 196.31M
Premium to Surplus 110.00%
Reserves to Surplus 50.00%
Investments Nodak Ins Co
Fargo, ND 		Click to
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Cash --
CMO & Structured Securities --
Common & Preferred Stock --
Invested Assets --
Investments in Affiliates 10.69%
Mortgages in Good Standing --
Non-Investment Grade Bonds --
Non-Performing Mortgages --
Other Investment Grade Bonds --
Other Investments --
Real Estate --
Operating Ratios Nodak Ins Co
Fargo, ND 		Click to
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Medical Loss Ratio --
Cash From Underwriting 100.00%
Combined Ratio 100.00%
Expense Ratio 30.00%
Loss Ratio 67.55%
Net Premium Growth -10.00%
Other Medical Nodak Ins Co
Fargo, ND 		Click to
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Bonus Pay --
Capitation Pay --
Contractual Pay --
Enrollment --
Fee For Service --
Medical Expense Per Member Per Month --
Network Physicians --
Other Pay --
Salary Pay --
Total Patient Encounters - Physician --
Total Patient Encounters-Non-Physician --
Profitability Nodak Ins Co
Fargo, ND 		Click to
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Net Income 5.59M
Net Premium 214.86M
Health Premium --