B
Nodak Ins Co
Fargo,  ND
Rating Date
October 2025
NAIC
Classification
Property & Casualty
Risk Adjusted
Capital Ratio #1
2.50
Risk Adjusted
Capital Ratio #2
1.78
Loss
Ratio
67.55%
Total
Assets
453.70M
Capital
185.81M
Net
Premiums
111.02M
Net
Income
-3.48M
My Lists My Alerts
Weiss Ratings Nodak Ins Co
Fargo, ND 		Click to
Compare		 Click to
Compare		 Click to
Compare
Rating B
Capitalization Index 8.10
Investment Safety Index --
Liquidity Index 6.80
Profitability Index 4.40
Reserve Adequacy Index 5.70
Stability Index 6.80
Company Info Nodak Ins Co
Fargo, ND 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Total Assets 453.70M
Capital and Reserves Nodak Ins Co
Fargo, ND 		Click to
Compare		 Click to
Compare		 Click to
Compare
Risk-Adjusted Capital Ratio #1 2.50
Risk-Adjusted Capital Ratio #2 1.78
1-Year Reserve Development 490.00%
2-Year Reserve Development 350.00%
Capital 185.81M
Premium to Surplus 110.00%
Reserves to Surplus 50.00%
Investments Nodak Ins Co
Fargo, ND 		Click to
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
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
Compare		 Click to
Compare		 Click to
Compare
Net Income -3.48M
Net Premium 111.02M
Health Premium --