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FARGO, N.D., Nov. 22, 2024 (GLOBE NEWSWIRE) -- NI Holdings, Inc. ((the "Company", NASDAQ: NODK ) announced today the appointment of Seth C. Daggett as President and Chief Executive Officer (CEO), effective December 1, 2024. Mr. Daggett brings over two decades of industry experience, most recently serving as the Company's Chief Financial Officer (CFO) and Treasurer. Mr. Daggett succeeds Cindy L. Launer, who had been serving as Interim CEO during the Board of Directors' (the "Board") search for a permanent CEO, as previously announced. "It is an honor and privilege to have the opportunity to lead this outstanding organization," Mr. Daggett said. "I look forward to continue working alongside our talented team of employees and agents who are committed every day to serving our customers and local communities," said Mr. Daggett. "I'm confident that we will build upon our strong and longstanding foundation in North Dakota to create lasting value for our shareholders and a new chapter of sustained growth and success. I look forward to working closely with the Board and the Company's leadership team to help build off this foundation and lead the organization toward a successful future." Eric K. Aamundstad, Chairman of the Board, commented, "On behalf of the Board, I'd like to thank Cindy for her service as Interim CEO. Her experience was invaluable in helping lead the company through this transition period. We are fortunate to have a proven leader in Seth, who has earned the respect of the Board, our employees, and agents for his judgment, strong leadership, extensive industry experience, and demonstrated ability to build and develop successful teams. He has deep ties not only to the Company, but also the North Dakota community, and we are confident in his ability to lead the Company forward." Ms. Launer will return to her role as an independent non-executive director on the NI Holdings Board effective December 1, 2024. With Mr. Daggett's appointment as CEO, Matt Maki, Vice President of Financial Planning and Analysis, will assume the role of Interim CFO, effective December 1, 2024. The Company will immediately begin a search for a permanent CFO, with no definitive timeline. About Seth Daggett Seth Daggett most recently served as the Company's Executive Vice President, Treasurer and CFO. Prior to joining the Company, Mr. Daggett was CFO and Treasurer of RAM Mutual Insurance Company. He began his career as an auditor at Deloitte, prior to joining Travelers Companies, Inc. where he spent over ten years in a variety of roles, including Senior Director of Finance. A graduate of the University of North Dakota, he currently lives in West Fargo, North Dakota with his wife and children. About Matt Maki Matt Maki most recently served as the Company's Vice President, Financial Planning and Analysis. Prior to joining the Company, Mr. Maki served as Vice President of Accounting and Treasurer of RAM Mutual Insurance Company. He began his career as an auditor at Ernst & Young, subsequently joining Travelers Companies, Inc., where he held various roles in international finance, financial reporting and treasury. A graduate of the University of Wisconsin - Eau Claire, he currently lives in Duluth, Minnesota with his wife and children. About the Company NI Holdings, Inc. is an insurance holding company. The company is a North Dakota business corporation that is the stock holding company of Nodak Insurance Company and became such in connection with the conversion of Nodak Mutual Insurance Company from a mutual to stock form of organization and the creation of a mutual holding company. The conversion was consummated on March 13, 2017. Immediately following the conversion, all of the outstanding shares of common stock of Nodak Insurance Company were issued to Nodak Mutual Group, Inc., which then contributed the shares to NI Holdings in exchange for 55% of the outstanding shares of common stock of NI Holdings. Nodak Insurance Company then became a wholly-owned stock subsidiary of NI Holdings. NI Holdings' financial statements are the consolidated financial results of NI Holdings; Nodak Insurance Company, including Nodak Insurance Company's wholly-owned subsidiaries American West Insurance Company, Primero Insurance Company, and Battle Creek Insurance Company; and Direct Auto Insurance Company. Safe Harbor Statement Some of the statements included in this news release are forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Actual results could vary materially. Factors that could cause actual results to vary materially include risks we describe in the periodic reports we file with the Securities and Exchange Commission. You should not place undue reliance on any such forward-looking statements. We disclaim any obligation to update such statements or to announce publicly the results of any revisions that we may make to any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements. For a detailed discussion of the risk factors that could affect our actual results, please refer to the risk factors identified in our SEC reports, including, but not limited to our Annual Report on Form 10-K, as filed with the SEC. Investor Relations Contact: Matt Maki Vice President, Interim Chief Financial Officer 701-212-5976 IR@nodakins.com © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.LONDON (AP) — West Ham forward Michail Antonio was taken to hospital after being involved in a road traffic incident on Saturday. West Ham added the 34-year-old player was in a stable condition. “Michail is conscious and communicating and is currently under close supervision at a central London hospital," the Premier League club said in a statement. “At this difficult time, we kindly ask everyone to respect the privacy of Michail and his family. “The club will make no further comment this evening, but will issue a further update in due course.” Unverified images of a heavily damaged Ferrari in the Essex area were shared on social media on Saturday. It was not known if it was the car involved in the accident. Antonio signed for West Ham in 2015 and has made more than 300 appearances. West Ham doesn't have a league game until Monday. James Robson is at https://twitter.com/jamesalanrobson AP soccer: https://apnews.com/hub/soccer
NoneAs the leaves fall, the heat goes on, the temperatures drop and the sweaters and jackets are pulled from storage, it’s also a great time to think about making a pot of soup. Related Articles Restaurants Food and Drink | Recipes: How to make cornbread, trifle and other Southern staples Restaurants Food and Drink | A starry Thanksgiving: Recipes beloved by Donna Kelce, Eric Stonestreet, Taylor Swift Restaurants Food and Drink | Recipe: What are you planning to do with your leftover turkey? Try making this dish Restaurants Food and Drink | Recipe: Endive ‘boats’ are the perfect vessels for tasty appetizers Restaurants Food and Drink | Recipes: How to make a delicious herbed roast turkey for Thanksgiving Soup is one of the best comfort foods, perfect for those New England fall and winter days. Whether you fancy clam or corn chowder, a roasted butternut squash soup, a classic Italian sausage orzo or something unique like lasagna soup, there’s a special place in everyone’s heart for that big pot on the stove. We have found five recipes that are sure to make your mouth water. No matter what soup preference you may have, you’ll find something to cook for the whole family. This recipe is by Allrecipes.com . Ingredients Directions This recipe is by Allrecipes.com . Ingredients Directions This recipe is by Allrecipes.com . Ingredients Noodles: Soup Base: Cheese Mixture: Garnish: Directions This recipe is by juliasalbum.com . Ingredients Directions This recipe is by Allrecipes.com . Ingredients DirectionsCoastal Carolina 48, Georgia St. 27
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As the leaves fall, the heat goes on, the temperatures drop and the sweaters and jackets are pulled from storage, it’s also a great time to think about making a pot of soup. Soup is one of the best comfort foods, perfect for those New England fall and winter days. Whether you fancy clam or corn chowder, a roasted butternut squash soup, a classic Italian sausage orzo or something unique like lasagna soup, there’s a special place in everyone’s heart for that big pot on the stove. We have found five recipes that are sure to make your mouth water. No matter what soup preference you may have, you’ll find something to cook for the whole family. This recipe is by Allrecipes.com . Ingredients Directions This recipe is by Allrecipes.com . Ingredients Directions This recipe is by Allrecipes.com . Ingredients Noodles: Soup Base: Cheese Mixture: Garnish: Directions This recipe is by juliasalbum.com . Ingredients Directions This recipe is by Allrecipes.com . Ingredients DirectionsWhat Does 'Heating' Mean On Starlink? (And Do You Need To Turn It Off?)
