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Presurance Affecting 1-for-7 Reverse Stock Split as Per-Share Price Lingers Below $1
Nasdaq Stock market continued listing requirements. Its stock price hasn't traded higher than $1, the minimum required bid price, since mid-December. Shares start trading on the ...
Source: BestWire   Date: May 29, 2026
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Presurance Narrows Fourth-Quarter Net Loss Despite Combined Ratio Worsening to 333.5
Brian Roney said in a statement. The carrier said personal lines will deliver better risk-adjusted returns and further align within a long-term strategy. Personal lines NWP ...
Source: BestWire   Date: March 30, 2026
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Conifer Rebranding to Presurance; Ticker Symbol Changes to PRHI
Specialty insurer Conifer Holdings Inc. trades beginning Sept. 30 under a new ticker symbol as part of its rebrand to Presurance Holdings Inc. The switch to "PRHI" from "CNFR" ...
Source: BestWire   Date: September 30, 2025
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Conifer Sees Fourth-Quarter Net Loss as Commercial Premiums Drop Sharply
The commercial line combined ratio was 684.6 compared with 355.1 in the same period last year. The personal lines side saw better results, with net earned premiums totaling $8.5 ...
Source: BestWire   Date: March 28, 2025
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Conifer Posts $52.8 Million Third-Quarter Net Income on Agency Operations Sale
August sale of its insurance agency operations. Gross written premiums fell 60.9% to $15.1 million as the company shed commercial lines business. "We expect this to continue to ...
Source: BestWire   Date: November 18, 2024
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Bishop Street Underwriters Acquires Commercial MGA Conifer Insurance Services
Bishop Street statement. "Conifer has transitioned to a specialty MGA over the last year, and this strategic carrier carve-out will serve as a strong foundation that checks many ...
Source: BestWire   Date: September 5, 2024
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Conifer CEO-Co-Founder Exits With Insurance Agency, Sycamore Specialty Divestitures
The company also has until Sept. 30 to regain compliance with a Nasdaq stockholders' equity requirement. Subsidiary VSRM Inc. owned a 50% non-controlling interest in Sycamore ...
Source: BestWire   Date: September 4, 2024
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Conifer Second-Quarter Net Loss Narrows With Commercial Business Model Shift Underway
Specialty insurer and managing general agent Conifer Holdings Inc.'s net allocable loss narrowed to $3.95 million from a $4.74 million net loss a year earlier as it moves ...
Source: BestWire   Date: August 21, 2024
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Conifer First-Quarter Net Income Falls on Commercial Lines Woes
...Results to date have been encouraging." Conifer said it will likely ultimately redirect all commercial gross written premium through its managing general agency, saying it made ...
Source: BestWire   Date: May 15, 2024
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Conifer Moves Commercial Lines to MGA Model, Exits Oklahoma Homeowners Line
Petcoff said in a conference call. The group in the past used a risk retention model, using its operating companies to write and retain underwriting risk for commercial lines ...
Source: BestWire   Date: April 5, 2024
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Conifer Holdings Posts Fourth-Quarter Loss
Petcoff said in a statement announcing the results. "The remainder of the loss was largely driven by earlier in the year convective storm losses from the Oklahoma homeowners ...
Source: BestWire   Date: April 4, 2024
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Conifer Partners With Palomar to Write Commercial Cannabis Coverage
Specialty insurer Conifer Holdings Inc. said it has partnered with Palomar Holdings Inc. to offer coverage for the cannabis industry. Under the partnership, Conifer said coverage ...
Source: BestWire   Date: April 3, 2024
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AM Best Downgrades and Withdraws Credit Ratings of Conifer Holdings, Inc. and Subsidiaries
Insurance Group (Conifer). The ratings reflect Conifer's balance sheet strength, which AM Best assesses as very weak, as well as its marginal operating performance, limited ...
Source: Press Releases   Date: March 14, 2024
AM Best Downgrades and Withdraws Credit Ratings of Conifer Holdings, Inc. and Subsidiaries
Insurance Group (Conifer). The ratings reflect Conifer's balance sheet strength, which AM Best assesses as very weak, as well as its marginal operating performance, limited ...
Source: BestWire   Date: March 14, 2024
Best's Credit Rating Notification - Conifer Holdings, Inc.
AM Best has made the following rating update: Company: Conifer Holdings, Inc. AMB #: 052626 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): c u ...
Source: Rating Actions   Date: March 14, 2024
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Conifer Co-CEO to Become Sole CEO at Year End With Co-Founder’s Exit
James Petcoff steps down as chairman and co-CEO. They founded Conifer in 2009. The company went public in 2015. Nick Petcoff oversees commercial lines underwriting, reinsurance, ...
Source: BestWire   Date: October 9, 2023
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Conifer Expects $4.7 Million Second-Quarter Net Loss Driven by Catastrophe Losses
Oklahoma drove the catastrophe losses, Conifer said in a statement. Insured losses could hit $7 billion from a spate of mid-June thunderstorms that struck large swaths of Texas, ...
Source: BestWire   Date: July 31, 2023
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AM Best Affirms Credit Ratings of Conifer Holdings, Inc. and Its Subsidiaries
All companies are domiciled in Troy, MI. Collectively, these companies are referred to as Conifer Insurance Group (Conifer). The ratings reflect Conifer's balance sheet strength, ...
Source: Press Releases   Date: May 18, 2023
Best's Credit Rating Notification - Conifer Holdings, Inc.
AM Best has made the following rating update: Company: Conifer Holdings, Inc. AMB #: 052626 Current Best's Credit Ratings: Best's Long-Term Issuer Credit Rating (LT-ICR): bb- ...
Source: Rating Actions   Date: May 18, 2023
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AM Best Affirms Credit Ratings of Conifer Holdings, Inc. and Its Subsidiaries
All companies are domiciled in Troy, MI. Collectively, these companies are referred to as Conifer Insurance Group (Conifer). The ratings reflect Conifer's balance sheet strength, ...
Source: BestWire   Date: May 18, 2023

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