NI Holdings CEO Seth Daggett steps down, Cindy Launer to succeed

NI Holdings (NODK) announced that Seth Daggett has stepped down from his role as President and CEO of NI Holdings, along with his role as a board member of the company, to pursue other opportunities, effective immediately. The Board has appointed Cindy Launer as the President and CEO of NI Holdings, effective October 10. Launer previously served as the Interim CEO of NI Holdings in the fall of 2024 and has otherwise served as an independent non-executive director on NI Holdings’ board since November 2019. Formerly, Launer served as COO of AIG‘s (AIG) Commercial Insurance Business, before retiring in 2018. She will remain on the Board of Directors while serving as the CEO.