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Conifer Holdings Inc - $CNFRL STOCK NEWS

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

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. expects pre-tax catastrophe losses of approximately $5.4 million in Q2 2023, resulting in a net loss of approximately $4.7 million. Excluding the impact of these losses, the company estimates it would have posted a net income of approximately $700,000. The financial results for the second quarter will be discussed in a conference call on August 10, 2023.
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Conifer Holdings, Inc. (NASDAQ: CNFR) has extended its offer to exchange outstanding 6.75% Senior Unsecured Notes due 2023 for 9.75% Senior Unsecured Notes due 2028. The company is also offering up to $25,000,000 in aggregate principal amount of New Notes for cash. The Exchange Offer will now expire on August 1, 2023. Approximately $5.2 million in aggregate principal amount of the Existing Notes had been tendered in the Exchange Offer as of July 25, 2023.
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Rhea-AI Summary
Conifer Holdings, Inc. has announced an offer to exchange $24.4 million of its new 9.75% Senior Unsecured Notes due 2028 for its currently outstanding 6.75% Senior Unsecured Notes due 2023. They are also offering up to an additional $25 million of new 9.75% Senior Unsecured Notes due 2028 for cash. Janney Montgomery Scott and American Capital Partners, LLC are serving as the dealer managers for the exchange offer and placement agents for the new offering.
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Conifer Holdings Inc

Nasdaq:CNFRL

CNFRL Rankings

CNFRL Stock Data

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.