Conifer Holdings Stock Price, News & Analysis

CNFRL is the historical trading symbol associated with Conifer Holdings, Inc., a Michigan-based property and casualty insurance holding company. According to multiple company disclosures, Conifer Holdings operated through subsidiaries that offered specialty insurance coverage in both commercial and personal lines, with distribution primarily through independent agents. Over time, the group emphasized personal lines business, notably low-value dwelling homeowners’ insurance in Texas and the Midwest, while commercial lines moved into runoff or were shifted to other carriers.

Conifer’s public communications describe a business focused on direct property and casualty insurance and related activities in the finance and insurance sector. The company reported underwriting performance using standard insurance metrics such as loss ratio, expense ratio and combined ratio, and highlighted its use of reinsurance, quota share treaties, and capacity providers to manage risk and capital. Conifer also generated net investment income from an investment portfolio that included debt and equity securities and short-term investments, as reflected in its periodic financial results.

Business evolution and strategic focus

In its later years under the Conifer name, the company described a strategic shift away from a traditional risk-bearing carrier revenue model toward a wholesale agency, production-based revenue approach. Through its wholly owned managing general agency, Conifer Insurance Services (CIS), the company directed a growing portion of commercial gross written premium to third-party insurers, with Conifer emphasizing commission-based revenue rather than retaining underwriting risk. Company releases note that substantially all commercial lines business was expected to be written by third-party insurers, while Conifer continued to retain and underwrite selected personal lines.

Conifer’s communications also describe a significant reduction of commercial lines business and the sale of its insurance agency operations. A gain on the sale of agency operations and a shift in gross written premium away from commercial lines are documented in its financial result releases. Following these changes, the company indicated that future premiums would primarily consist of personal lines business, particularly its homeowners’ insurance portfolio in Texas and the Midwest.

Rebrand to Presurance Holdings, Inc.

A later news release states that Conifer Holdings, Inc. underwent a corporate rebrand. The Board of Directors and executive management announced that, effective September 30, 2025, the company would rebrand under the new name Presurance Holdings, Inc. The same release notes that the company’s common stock would trade on Nasdaq under the new ticker symbol PRHI, and its 9.75% Senior Notes due 2028 would trade under the symbol PRHIZ. The company described this rebrand as reflecting its continued evolution and as laying a foundation for the future, while emphasizing that its subsidiaries remained committed to serving policyholders.

Subsequent financial results are reported under the Presurance Holdings, Inc. name and Nasdaq symbol PRHI. These disclosures describe Presurance as a Michigan-based property and casualty holding company that, through its subsidiaries, provides specialty insurance coverage designed to protect individuals, businesses and communities, with an emphasis on disciplined growth and long-term value creation.

Lines of business and underwriting profile

Across multiple reporting periods, the company’s results are broken out between commercial lines and personal lines. Commercial lines gross written premium and net earned premium declined significantly over time, reflecting the sale of agency operations and the runoff of legacy commercial lines. The company’s commentary notes that commercial lines business was expected to represent a diminishing percentage of total gross written premium, with some commercial programs, such as security guard business, no longer being written on the company’s paper.

Personal lines business is repeatedly described as consisting primarily of low-value dwelling homeowners’ insurance in Texas and the Midwest. Company releases highlight growth in personal lines gross written premium and discuss how seasonal storm activity, particularly in Texas and other states, affected loss ratios and combined ratios. Over several quarters, management commentary points to efforts to refine underwriting, adjust exposure, and improve the combined ratio in these personal lines.

Financial reporting and performance metrics

Conifer and later Presurance reported results using standard U.S. GAAP metrics, supplemented by non-GAAP measures such as adjusted operating income (loss). The company’s disclosures define adjusted operating income as net income (loss) excluding items such as net realized investment gains and losses, changes in fair value of equity securities, changes in fair value of contingent considerations, contingent consideration bonus expense, and results from discontinued operations, depending on the period. Management stated that adjusted operating income was used internally to evaluate underlying business performance.

In addition to underwriting results, the company reported net investment income and changes in the fair value of equity investments. Several releases discuss the impact of storms, reserve strengthening in commercial lines, and the effect of reinsurance structures and quota share treaties on net earned premium and expense ratios. The company also disclosed book value per common share and discussed how transactions, such as the sale of agency operations and earn-out arrangements, influenced shareholders’ equity.

Corporate transactions and structural changes

Company news releases document several important structural events. These include:

• The sale of insurance agency operations, which generated a significant gain and led to the company no longer having any insurance agency operations.
• The sale of its remaining interest in Sycamore Specialty Underwriters, with a portion of the purchase price paid at closing and the remainder scheduled for later payment.
• The rebrand from Conifer Holdings, Inc. to Presurance Holdings, Inc. and the associated change in Nasdaq ticker symbol from CNFR to PRHI for the common stock, and to PRHIZ for the senior notes.

These events are described as part of a broader transformation in which the company streamlined its organization, reduced debt, strengthened reserves, and focused production efforts on select personal lines while shifting commercial production to a managing general agency model.

CNFRL as a historical symbol

While the provided materials do not explicitly define CNFRL, they associate the underlying issuer with Conifer Holdings, Inc. and its later identity as Presurance Holdings, Inc. The company’s own releases state that the common stock of Conifer traded on the Nasdaq Capital Market or Nasdaq Global Market under the symbol CNFR, and that, effective September 30, 2025, the common stock would trade under the symbol PRHI. On that basis, CNFRL can be understood as a historical or legacy symbol tied to this issuer’s equity or related listing history, with current common equity trading information reflected under PRHI as described in the rebranding announcement.

FAQs about CNFRL / Conifer Holdings / Presurance Holdings

• What company did the CNFRL symbol historically represent?
  Available information links CNFRL to Conifer Holdings, Inc., a Michigan-based property and casualty insurance holding company that later rebranded as Presurance Holdings, Inc.
• What type of business did Conifer Holdings operate?
  Conifer described itself as a property and casualty holding company whose subsidiaries offered specialty insurance coverage for commercial and personal lines, marketed through independent agents, including low-value dwelling homeowners’ insurance in Texas and the Midwest.
• How did the company’s business mix change over time?
  Company releases report a planned reduction in commercial lines and a shift of commercial gross written premium to a managing general agency model, while personal lines—especially homeowners’ business in Texas and the Midwest—became the primary source of retained premium.
• What is Presurance Holdings, Inc. in relation to Conifer?
  A corporate announcement states that Conifer Holdings, Inc. rebranded as Presurance Holdings, Inc. effective September 30, 2025. The same announcement notes that the company’s common stock would trade on Nasdaq under the new symbol PRHI.
• Did the ticker symbol associated with the company change?
  Yes. Company disclosures state that Conifer’s common stock traded under the symbol CNFR and that, effective September 30, 2025, the common stock would trade under the symbol PRHI. The 9.75% Senior Notes due 2028 would trade under PRHIZ.
• What lines of insurance are highlighted in the company’s releases?
  The company repeatedly highlights personal lines consisting primarily of low-value dwelling homeowners’ insurance in Texas and the Midwest, and commercial lines that were gradually reduced, placed into runoff, or written through capacity providers via its managing general agency.
• How did the company describe its strategic focus?
  Conifer’s and later Presurance’s releases describe a focus on disciplined underwriting, shifting commercial business to a non-risk bearing, production-based revenue model through a managing general agency, and emphasizing personal lines where management believed performance metrics aligned with expectations.
• Where is the company based?
  Multiple releases describe Conifer Holdings, Inc. and Presurance Holdings, Inc. as Michigan-based property and casualty holding companies.
• Does CNFRL still trade under that symbol?
  The provided materials indicate that the issuer’s common stock trades on Nasdaq under CNFR prior to the rebrand, and under PRHI after the effective date of the name and ticker change. CNFRL is therefore best viewed as a legacy reference, with current trading details reflected under PRHI as described by the company.