Welcome to our dedicated page for Presurance Holdings SEC filings (Ticker: PRHI), 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.
This page provides access to U.S. Securities and Exchange Commission (SEC) filings for Presurance Holdings, Inc. (Nasdaq: PRHI), a Michigan-based property and casualty insurance holding company. Through these regulatory documents, investors can review how the company reports on its specialty insurance operations, financial condition, and risk profile.
In its public disclosures, Presurance presents detailed information on gross and net written premiums, net earned premiums, loss and expense ratios, and combined ratios for both personal and commercial lines. Filings such as annual reports on Form 10-K and quarterly reports on Form 10-Q typically include segment information, discussion of the runoff of legacy commercial lines, and analysis of the company’s emphasis on personal lines, including homeowners and low-value dwelling business.
Presurance also uses non-GAAP measures in its reporting, notably adjusted operating income (loss). In its filings, the company defines this metric and reconciles it to net income (loss) by excluding items such as net realized investment gains or losses, changes in the fair value of equity securities, changes in the fair value of contingent considerations, changes in contingent consideration bonus expense, and net income (loss) from discontinued operations. These reconciliations help readers distinguish between underlying operating performance and items that management considers non-core.
On Stock Titan, SEC filings for PRHI are updated from the EDGAR system as they become available. AI-powered summaries highlight key elements of lengthy documents, such as trends in underwriting results, movements in net investment income, and explanations of non-GAAP measures, making it easier to understand the implications of each filing. Users can also review disclosures related to capital structure, including references to the company’s 9.75% Senior Notes due 2028 and its Nasdaq Capital Market listing under the PRHI symbol.
Presurance Holdings, Inc. (PRHI) director Timothy Lamothe reported a sale of 2,478 shares of common stock on August 27, 2026, at a price of $6.5127 per share. Following this transaction, he reported holding 0 shares directly. The share amounts reflect a 1-for-7 reverse stock split of Presurance’s common stock that became effective on June 1, 2026.
Presurance Holdings, Inc. reported stronger profitability for the quarter and six months ended June 30, 2026, while materially shrinking premium volume as it reshapes its book. First-half net income doubled to $5.2 million ($1.66 per share) from $2.6 million ($1.47 per share). The first-half combined ratio improved to 86.4% from 131.2%, reflecting better underwriting performance and favorable prior-year reserve development.
For the second quarter, net income was $2.5 million on net earned premiums of $6.8 million, with a combined ratio of 69.5%, including 31 percentage points of favorable prior-year development. Gross written premiums declined 38.0% in the quarter and 34.1% year-to-date as the company exited legacy commercial lines; personal lines comprised 100% of gross written premium in the quarter, driven largely by Texas homeowners. Adjusted operating income turned positive to $1.3 million in the quarter from a loss of $2.1 million a year earlier. Book value stood at $7.41 per share, and total shareholders’ equity was $27.7 million as of June 30, 2026.
Presurance Holdings, Inc. reported net income of $2.5 million for the quarter ended June 30, 2026, up from $2.1 million a year earlier, and $5.2 million for the first six months versus $2.6 million in 2025. Results were heavily influenced by a $1.2 million quarterly and $5.7 million year-to-date gain from changes in the fair value of contingent consideration related to the CIS sale. Core insurance activity shrank: net earned premiums fell to $6.8 million from $9.6 million in the quarter and to $12.7 million from $19.9 million year-to-date as commercial lines remain in runoff and the company focuses on homeowners business.
Losses and loss adjustment expenses declined sharply to $1.7 million from $6.6 million in the quarter, aided by $2.4 million of favorable development on legacy commercial business. Shareholders’ equity rose to $27.7 million from $9.0 million at December 31, 2025, driven by a $14.0 million rights offering and earnings, while common shares outstanding increased to 3.75 million. Cash, cash equivalents and short-term investments totaled $41.2 million, but operating activities used $20.2 million of cash year-to-date. The insurance subsidiary TIC remained subject to Company Action Level risk-based capital requirements, constraining writings, and the company recorded a $10.0 million receivable for the fully earned final CIS earnout expected by August 31, 2026.
Presurance Holdings, Inc. large shareholder Clarkston Companies, Inc. reported an internal restructuring of its preferred stock holdings. On May 11, 2026, Clarkston exchanged 1,600 shares of Presurance’s Series C Preferred Stock for 1,600 shares of newly designated Series D Preferred Stock, each with a stated price of $5,000 per share.
After the exchange, Clarkston’s Series C Preferred Stock position was reduced to 0 shares, and its Series D Preferred Stock holdings increased to 1,600 shares. Clarkston also reported continuing direct ownership of 9,065,360 shares of Presurance common stock, with no change in that common stock position disclosed in this filing.
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.