Conifer Holdings

Conifer Holdings, Inc. engages in the sale of property and casualty insurance products. It operates through the following segments: Commercial and Personal Lines. The Commercial Lines segment offers coverage for property, liability, automobile, and miscellaneous coverage. The Personal Lines segment is involved in the provision of catastrophe coverage or dwelling insurance. The company was founded on October 27, 2009 and is headquartered in Troy, MI.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Conifer Holdings, Inc. engages in the sale of property and casualty insurance products. It operates through the following segments: Commercial Lines, Personal Lines, Underwriting, Wholesale Agency, and Corporate. The company was founded on October 27, 2009 and is headquartered in Troy, MI.

TROY, Mich., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced results for the third quarter ended September 30, 2024. This quarter, the Company reported a $61 million gain on the sale of its insurance agency operations, completed in August of this year, along with an adjusted operating loss of over $7 million in the period.

Conifer Holdings Reports 2024 Third Quarter Financial Results

Acquisition is Bishop Street's First Entry into the Commercial P&C MGA Market Acquisition is Bishop Street's First Entry into the Commercial P&C MGA Market

Bishop Street Underwriters Acquires Conifer Insurance Services

Conifer Holdings, Inc. (NASDAQ:CNFR ) Q2 2024 Earnings Conference Call August 14, 2024 8:30 AM ET Company Participants Brian J. Roney – President Nicholas J.

Conifer Holdings, Inc. (CNFR) Q2 2024 Earnings Call Transcript

Company to Host Conference Call at 8:30 AM ET on Wednesday, August 14, 2024 Company to Host Conference Call at 8:30 AM ET on Wednesday, August 14, 2024

Conifer Holdings Reports 2024 Second Quarter Financial Results

TROY, Mich., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) announced today that it will host a conference call/webcast on Wednesday, August 14, 2024, at 8:30am Eastern Time to discuss financial results for the second quarter ended June 30, 2024. The Company plans to release its second quarter financial results after the market closes on Tuesday, August 13, 2024.

Conifer Holdings Schedules Second Quarter 2024 Earnings Conference Call/Webcast for August 14, 2024

Conifer Holdings, Inc. (NASDAQ:CNFR ) Q1 2024 Earnings Conference Call May 15, 2024 8:30 AM ET Company Participants Brian Roney - President Nick Petcoff - Chief Executive Officer & Director Harold Meloche - Chief Financial Officer Conference Call Participants Operator Good morning, everyone, and welcome to Confier Holdings' First Quarter 2024 Earnings Conference call. All participants will be in a listen-only mode.

Conifer Holdings, Inc. (CNFR) Q1 2024 Earnings Call Transcript

Company to Host Conference Call at 8:30 AM ET on Wednesday, May 15, 2024 Company to Host Conference Call at 8:30 AM ET on Wednesday, May 15, 2024

Conifer Holdings Reports 2024 First Quarter Financial Results

TROY, Mich., May 07, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) announced today that it will host a conference call/webcast on Wednesday, May 15, 2024 at 8:30am Eastern Time to discuss financial results for the first quarter ended March 31, 2024. The Company plans to release its first quarter financial results after the market closes on Tuesday, May 14, 2024.

Conifer Holdings Schedules First Quarter 2024 Earnings Conference Call/Webcast for May 15, 2024

Company to Host Conference Call at 8:30 AM ET on Friday, April 5, 2024 Company to Host Conference Call at 8:30 AM ET on Friday, April 5, 2024

Conifer Holdings Reports 2023 Fourth Quarter and Year End Financial Results; Announces Strategic Shift to Production Based Revenue

TROY, Mich., April 04, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer”) today announced commencement of a capacity relationship with Accelerant, a data-driven risk exchange, connecting underwriters of specialty insurance risk with risk capital providers. Accelerant holds a financial strength rating of “A-” (Excellent) from A.M. Best.

Conifer Announces Commercial Lines Capacity Partnership with Accelerant

TROY, Mich., April 03, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) announced today that it will host a conference call/webcast on Friday, April 5, 2024 at 8:30am Eastern Time to discuss financial results for the fourth quarter which ended on December 31, 2023. The Company plans to release its fourth quarter financial results after the market closes on Thursday, April 4, 2024.

Conifer Holdings Schedules Fourth Quarter 2023 Earnings Conference Call/Webcast for April 5, 2024

TROY, Mich., April 01, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer”) today announced that it recently launched a strategic partnership with Palomar Holdings, Inc. (“Palomar”) aimed at providing comprehensive coverage tailored specifically for the cannabis industry on Palomar Specialty Insurance Company (“PSIC”) and Palomar Excess and Surplus Insurance Company (“PESIC”) paper.   PSIC and PESIC have a financial strength rating of “A-” (Excellent) from A.M. Best.

Conifer Announces Strategic Partnership with Palomar Serving the Cannabis Industry

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has downgraded the Financial Strength Rating to C (Weak) from B+ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “ccc” (Weak) from “bbb-” (Good) of Conifer Insurance Company (CIC) and White Pine Insurance Company (White Pine), subsidiaries of Conifer Holdings, Inc. (CHI) [NASDAQ: CNFR], a publicly traded property/casualty insurance holding company. Additionally, AM Best has downgraded the Long-Term ICR to “c” (Poor) from “bb-” (Fair) of.

AM Best Downgrades and Withdraws Credit Ratings of Conifer Holdings, Inc. and Subsidiaries

TROY, Mich., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) announced today that its Board of Directors has named Isolde G. O'Hanlon to the role of Acting Board Chair, effective immediately. Ms. O'Hanlon was elected to the Conifer Board of Directors in 2017. She has served as Chair of the Audit Committee since March 2019, and also serves as a member of the Compensation Committee and the Finance & Investment Committee.

Conifer Holdings Names New Board Chair; Appoints New Director

Conifer Holdings, Inc. (CNFR) Q3 2023 Earnings Call Transcript

Company to Host Conference Call at 8:30 AM ET on Friday, November 10, 2023 Company to Host Conference Call at 8:30 AM ET on Friday, November 10, 2023

Conifer Holdings Reports 2023 Third Quarter Financial Results

TROY, Mich., Oct. 27, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) announced today that it will host a conference call/webcast on Friday, November 10, 2023 at 8:30am Eastern Time to discuss financial results for the third quarter which ended on September 30, 2023. The Company plans to release its third quarter financial results after the market closes on Thursday, November 9, 2023.

Conifer Holdings Schedules Third Quarter 2023 Earnings Conference Call/Webcast for November 10, 2023

BIRMINGHAM, Mich., Oct. 06, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced that Nicholas J. Petcoff will become sole Chief Executive Officer of the Company, effective December 31, 2023. Consequently, James G. Petcoff will be stepping down as Chairman and Co-CEO, but will remain with the Company as a director.

Nick Petcoff to Become Chief Executive Officer of Conifer Holdings, Inc.

CINCINNATI, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Core Specialty Insurance Holdings, Inc. (“Core Specialty”) announced today that Core Specialty and its subsidiaries have entered into a series of transactions with Conifer Holdings, Inc. (“Conifer”) to acquire Conifer's Security & Alarm Business. The Security & Alarm Business provides general liability, excess/umbrella, and selected other coverages to the niche Security Guards, Alarm Contractors, Private Investigators, and Trade Contractors markets. As part of the transaction, Core Specialty has agreed to (1) pay Conifer $2.5 million in cash for the exclusive right to underwrite the Security & Alarm Business through October 2025, and the renewal rights to such business thereafter, (2) assume the unearned premium reserve associated with the Security & Alarm Business, and (3) purchase $5.0 million of Conifer's 9.75% Senior Unsecured Notes due 2028 (the “New Notes”) which are being offered on a reasonable best efforts basis pursuant to a Conifer registration statement on Form S-4 and Form S-1, as amended, including a prospectus, which was filed with the Securities and Exchange Commission (the "SEC") and was declared effective by the SEC. Policies for the Security & Alarm Business will be issued by Core Specialty insurance subsidiaries, which are rated A- XII (Excellent) by AM Best, effective with the Transaction closing. The Security & Alarm Business produced $48 million of gross premiums written in 2022.

Core Specialty Announces Purchase of Security & Alarm Business Renewal Rights and Related Unearned Premium Reserve from Conifer Holdings, Inc.

Conifer Holdings, Inc. (NASDAQ:CNFR ) Q2 2023 Earnings Conference Call August 10, 2023 8:30 AM ET Company Participants Brian Roney – President Jim Petcoff – Executive Chairman and Co-Chief Executive Officer Nick Petcoff – Director and Co-Chief Executive Officer Harold Meloche – Chief Financial Officer Conference Call Participants Paul Newsome – Piper Sandler Operator Good morning, everyone, and welcome to Conifer Holdings' Second Quarter 2023 Investor Conference Call. All participants will be in a listen-only mode.

Conifer Holdings, Inc. (CNFR) Q2 2023 Earnings Call Transcript

Conifer Holdings, Inc. (CNFR) came out with a quarterly loss of $0.39 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.75 per share a year ago.

Conifer Holdings, Inc. (CNFR) Reports Q2 Loss, Tops Revenue Estimates

Company to Host Conference Call at 8:30 AM ET on Thursday, August 10, 2023 Company to Host Conference Call at 8:30 AM ET on Thursday, August 10, 2023

Conifer Holdings Reports 2023 Second Quarter Financial Results

TROY, Mich., Aug. 08, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ: CNFR) (“Conifer” or the “Company”), announced today that it has closed its previously announced offer to exchange (the “Exchange Offer”) its outstanding 6.75% Senior Unsecured Notes due 2023 (the “Existing Notes”) for 9.75% Senior Unsecured Notes due 2028 (the “New Notes”) to be issued by the Company. The Exchange Offer expired at 6:00 p.m., New York City time, on August 1, 2023 (the “Expiration Time”).

Conifer Holdings, Inc. Announces Closing of Exchange Offer

BIRMINGHAM, Mich., July 28, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (Nasdaq: CNFR) (“Conifer” or the “Company”) today announced preliminary unaudited pre-tax net catastrophe loss estimates for the second quarter ended June 30, 2023.

Conifer Holdings Announces Estimated Storm Losses for Second Quarter 2023

TROY, Mich., June 26, 2023 (GLOBE NEWSWIRE) -- Conifer Holdings, Inc. (NASDAQ: CNFR) (“Conifer” or the “Company”), today announced that it has commenced an offer to exchange up to $24.4 million aggregate principal amount of its new 9.75% Senior Unsecured Notes due 2028 for up to all of the $24.4 million aggregate principal amount of its currently outstanding 6.75% Senior Unsecured Notes due 2023. The Company is also offering for cash, on a best efforts basis, up to an additional $25 million aggregate principal amount of new 9.75% Senior Unsecured Notes due 2028.

News for Conifer Holdings Stock (CNFR)