NI Holdings, Inc. Completes the Sale of Westminster American Insurance Company
Provided By GlobeNewswire
Last update: Jul 5, 2024
FARGO, N.D., July 05, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. (NASDAQ: NODK) has completed the previously announced sale of its wholly-owned commercial insurance subsidiary, Westminster American Insurance Company, to a private party. The total consideration for the sale was $10.5 million in cash, subject to certain post-closing adjustments pursuant to the Purchase Agreement dated May 7, 2024.
