Welcome to our dedicated page for Conifer Holdings SEC filings (Ticker: CNFR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Conifer Holdings, now Presurance Holdings, documents its property-and-casualty insurance business through current, proxy and registration reports. The filings cover specialty insurance operations, the strategic shift toward personal lines, the runoff of commercial lines, the completed sale of insurance agency operations, and operating measures such as premiums, losses, expenses, combined ratios, investment income and book value.
Regulatory disclosures also record the company’s common stock and 9.75% Senior Notes due 2028, rights offering registration materials, warrant and preferred-stock financing matters, redemption of Series B Preferred Stock, Nasdaq listing compliance notices, proxy governance and executive compensation, and material-event reporting related to shareholder litigation and other corporate actions.
Presurance Holdings, Inc. reported results from its June 3, 2026 virtual annual shareholder meeting. Shareholders elected Class II directors Timothy M. Lamothe and Isolde G. O'Hanlon to three-year terms ending at the 2029 annual meeting and ratified Grant Thornton LLP as independent auditor for 2026.
As of the April 20, 2026 record date, 26,222,881 common shares were outstanding and entitled to vote. A quorum was reached, with 21,552,879 shares represented (approximately 82.2% of outstanding shares). Each director received about 19 million votes in favor, and the auditor ratification received over 20.5 million votes for.
Presurance Holdings, Inc. is implementing a 1-for-7 reverse stock split of its common stock to help maintain compliance with Nasdaq listing requirements. The split becomes effective at 5:00 p.m. Eastern Time on June 1, 2026, with trading on a split-adjusted basis starting June 2, 2026.
Every 7 issued and outstanding shares of common stock will be combined into 1 share, with no change to the par value or the 100 million authorized shares. The number of outstanding shares will decrease from approximately 26.2 million to approximately 3.7 million, and fractional shares will be rounded down with cash paid for the fraction based on the closing Nasdaq price before effectiveness.
Presurance Holdings reported much stronger results for the first quarter of 2026 as it continues to refocus on personal lines. Net income rose to $2.6 million, or $0.15 per share, from $522,000, or $0.04 per share, helped by better underwriting and favorable fair value adjustments.
Gross written premiums fell 29.1% to $11.5 million as the company exited commercial lines, but underwriting quality improved. The overall combined ratio improved to 105.7% from 140.5%, while personal lines achieved a profitable combined ratio of 97.9%. Despite the GAAP profit, Presurance still posted an adjusted operating loss of $2.8 million, or $(0.16) per share, highlighting that core operations are not yet consistently profitable.
Presurance Holdings, Inc. is soliciting proxies for its 2026 virtual annual meeting, where shareholders will vote on electing two directors, Timothy M. Lamothe and Isolde G. O’Hanlon, to terms expiring in 2029 and on ratifying Grant Thornton LLP as independent auditor for 2026.
The company had 26,222,881 shares of common stock outstanding as of April 20, 2026, with Clarkston‑affiliated entities and director Jeffrey Hakala together beneficially owning 21,078,584 shares, or about 69.7% of the stock. All current directors are deemed independent under Nasdaq rules, and the board is staggered into three classes.
In 2025, non‑employee directors received an aggregate $185,000 in cash fees. CEO Brian Roney earned total compensation of $760,750, including a bonus tied to the 2024 sale of Conifer Insurance Services, while CFO Harold Meloche earned $572,800. The proxy also details significant related‑party financings, including Series A, B and C preferred stock and a backstopped rights offering with Clarkston affiliates.
Presurance Holdings, Inc. director James Grant Smith reported two open-market purchases of the company’s Common Stock. On April 13, 2026, he bought 23,672 shares at $0.74 per share. On April 6, 2026, he bought 1,100 shares at $0.80 per share. Following these transactions, he directly owns 60,922 Common Stock shares.
Presurance Holdings, Inc. Chief Executive Officer Brian J. Roney reported an open-market purchase of 100,000 shares of common stock. The shares were bought at a weighted average price of $0.7181 per share, in multiple trades priced between $0.54 and $0.78. Following this transaction, he directly owned 510,232 common shares.
Presurance Holdings reported a weak fourth quarter of 2025 as it continues to exit legacy commercial lines. The company posted a net loss allocable to common shareholders of $17.0 million, or $(1.39) per diluted share, on total revenue and other income of $4.6 million. Gross written premiums for the quarter fell to $7.9 million from $13.7 million, reflecting the runoff of underperforming commercial business.
Results for the full year were also negative. Net loss allocable to common shareholders was $18.4 million, or $(1.51) per share, and adjusted operating loss was $25.6 million, or $(2.10) per share. The consolidated combined ratio reached 333.5% in the quarter and 168.8% for the year, indicating heavy underwriting losses. Book value per common share declined to $0.73 from $1.76 as of year-end, while personal lines gross written premiums grew 12.7% in 2025 to $51.1 million and represented 100% of fourth-quarter gross written premium.
Presurance Holdings, Inc. has been notified by Nasdaq that its common stock no longer meets the minimum bid price requirement because the closing bid has stayed below $1.00 per share for 30 consecutive business days. The company has until August 31, 2026 to regain compliance by having its stock close at or above $1.00 for at least 10 consecutive business days.
If it fails to do so, Presurance may qualify for an additional 180 days if it meets other Nasdaq listing standards and formally commits to curing the deficiency. Shareholders previously approved a reverse stock split in June 2025 at a ratio between 1-for-2 and 1-for-12, and the board can choose the exact ratio any time before June 3, 2026, but plans to use this tool only if it believes it is in shareholders’ best interests. If compliance is not restored, Nasdaq could move to delist the common stock, which the company would be able to appeal.