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Conifer Holdings Inc - CNFRL STOCK NEWS

Welcome to our dedicated news page for Conifer Holdings (Ticker: CNFRL), a resource for investors and traders seeking the latest updates and insights on Conifer Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Conifer Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Conifer Holdings's position in the market.

Rhea-AI Summary
Conifer Holdings, Inc. (CNFR) announced its financial results for the fourth quarter and year ended December 31, 2023. The company saw a 4.2% increase in gross written premium to $143.8 million, with net investment income rising by 81.6% to $5.5 million. CEO Nick Petcoff highlighted the company's efforts to strengthen reserves and transition to a production-based revenue model. Conifer also shifted focus to its managing general agency, expecting 100% of future commercial premium to run through it. Despite challenges in the insurance landscape, the company aims for greater agility and stability in its operations.
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Conifer Holdings, Inc. (CNFR) partners with Accelerant, a data-driven risk exchange, to enhance risk assessment and deliver tailored specialty insurance products to niche commercial clients. Accelerant's 'A-' financial strength rating from A.M. Best adds credibility to the collaboration, aiming to drive sustainable growth and innovation in the specialty commercial insurance market.
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End-of-Day
4.82%
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Conifer Holdings, Inc. (CNFR) will host a conference call/webcast on April 5, 2024, to discuss Q4 2023 financial results. Investors can access the webcast or call in to listen. The company plans to release the financial results on April 4, 2024, after the market closes.
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4.82%
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Conifer Holdings, Inc. (CNFR) announces a strategic partnership with Palomar Holdings, Inc. to offer specialized insurance solutions for the cannabis industry through PSIC and PESIC. The partnership aims to address the unique risks faced by cannabis businesses, leveraging expertise and networks to provide comprehensive coverage.
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11.51%
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partnership
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Conifer Holdings, Inc. (Nasdaq: CNFR) has appointed Isolde G. O’Hanlon as Acting Board Chair and elected J. Grant Smith to serve on the Company’s Board of Directors. Ms. O’Hanlon has over 25 years of experience in the Insurance Investment Banking field, specializing in advising and capital raising for insurance industry investments. Mr. Smith currently serves as the President and Chief Operating Officer for Waterford Bank, N.A., and has a successful track record in corporate finance and achieving record profitability and performance results post-recession.
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Rhea-AI Sentiment
End-of-Day
4.32%
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management
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Conifer Holdings, Inc. (Nasdaq: CNFR) announced Q3 2023 results, highlighting a 16.5% increase in gross written premium, a 68.6% rise in net investment income, and an improved expense ratio. Despite storm-related losses, the company's core lines of business delivered positive results, and excluding these losses, Conifer would have achieved profitability in the quarter.
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-6.37%
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Conifer Holdings, Inc. to host conference call to discuss Q3 2023 financial results
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Conifer Holdings announces Nicholas J. Petcoff as sole CEO
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Conifer Holdings, Inc. announces Q2 2023 financial results with a 19.4% increase in gross written premiums and a 5.7% decrease in net earned premiums. The company experienced atypically severe storm losses but would have achieved continued profitability without them.
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Rhea-AI Sentiment
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13.13%
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Conifer Holdings, Inc. has closed its Exchange Offer for its outstanding Senior Unsecured Notes. The Company is also offering up to $25,000,000 in New Notes for cash. The proceeds will be used to redeem the Existing Notes. Approximately $6.2 million in Existing Notes and $1.7 million in New Notes have been tendered/purchased so far.
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Rhea-AI Sentiment
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-0.74%
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Conifer Holdings Inc

Nasdaq:CNFRL

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Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Birmingham

About CNFRL

conifer insurance company provides customized insurance products for regional industry groups underserved by large national and international insurance companies. conifer’s core expertise lies in servicing businesses operating in the hospitality industry, providing restaurants, bars and taverns with comprehensive coverages supported by knowledgeable management, underwriting and claims handling. conifer insurance company is based in michigan, and offers both admitted and excess & surplus lines capabilities which vary by state.