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Conifer Holdings - CNFR STOCK NEWS

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

Conifer Holdings, Inc. (NASDAQ: CNFR) is a specialty insurer providing tailored property and casualty solutions for niche markets, including hospitality businesses. This page aggregates official news and press releases to help stakeholders track the company’s strategic initiatives and market developments.

Investors and industry professionals will find timely updates on earnings reports, operational changes, and regulatory compliance efforts. Content focuses on Conifer’s core segments—commercial lines, personal insurance, and wholesale agency operations—with insights into its dual admitted and excess & surplus (E&S) capabilities.

Key updates on Conifer’s financial strategy, including its shift toward non-risk-bearing revenue streams, are prioritized to reflect evolving business priorities. All materials adhere to factual reporting standards, ensuring transparency for both expert analysts and general readers.

Bookmark this page for centralized access to Conifer Holdings’ latest announcements, or subscribe to alerts for immediate updates on developments impacting the specialty insurance sector.

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Conifer Holdings, Inc. (CNFR) announces a strategic partnership with Palomar Holdings, Inc. to offer specialized insurance solutions for the cannabis industry through PSIC and PESIC. The partnership aims to address the unique risks faced by cannabis businesses, leveraging expertise and networks to provide comprehensive coverage.
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Conifer Holdings, Inc. (Nasdaq: CNFR) has appointed Isolde G. O’Hanlon as Acting Board Chair and elected J. Grant Smith to serve on the Company’s Board of Directors. Ms. O’Hanlon has over 25 years of experience in the Insurance Investment Banking field, specializing in advising and capital raising for insurance industry investments. Mr. Smith currently serves as the President and Chief Operating Officer for Waterford Bank, N.A., and has a successful track record in corporate finance and achieving record profitability and performance results post-recession.
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Conifer Holdings, Inc. (Nasdaq: CNFR) announced Q3 2023 results, highlighting a 16.5% increase in gross written premium, a 68.6% rise in net investment income, and an improved expense ratio. Despite storm-related losses, the company's core lines of business delivered positive results, and excluding these losses, Conifer would have achieved profitability in the quarter.
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Conifer Holdings, Inc. to host conference call to discuss Q3 2023 financial results
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Conifer Holdings announces Nicholas J. Petcoff as sole CEO
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Conifer Holdings, Inc. announces Q2 2023 financial results with a 19.4% increase in gross written premiums and a 5.7% decrease in net earned premiums. The company experienced atypically severe storm losses but would have achieved continued profitability without them.
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Conifer Holdings, Inc. has closed its Exchange Offer for its outstanding Senior Unsecured Notes. The Company is also offering up to $25,000,000 in New Notes for cash. The proceeds will be used to redeem the Existing Notes. Approximately $6.2 million in Existing Notes and $1.7 million in New Notes have been tendered/purchased so far.
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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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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

Nasdaq:CNFR

CNFR Rankings

CNFR Stock Data

8.41M
6.90M
43.76%
31.24%
0.02%
Insurance - Property & Casualty
Fire, Marine & Casualty Insurance
Link
United States
TROY