---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-021053"
form_type: "8-K"
ticker: "PRHI"
cik: "0001502292"
company_name: "Presurance Holdings, Inc."
filed_at: "2023-05-11T23:59:59+00:00"
generated_at: "2026-06-15T04:00:53.940250+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Conifer Holdings reports Q1 net income of $1.0M, combined ratio improves to 99.5%

## Summary
- Net income $1.0M ($0.08/diluted share) vs net loss $2.9M ($0.30 loss) in Q1 2022.
- Combined ratio 99.5%, improvement of 13.0 percentage points from 112.5% a year ago.
- Gross written premiums up 9.9% to $36.2M; commercial lines GWP +1.4%, personal lines +65.3%.
- Book value per share $1.82, up 17% from $1.55 at year-end 2022.
- Adjusted operating income $307K ($0.03/share) vs adjusted operating loss $3.1M ($0.32 loss) prior year.

## SEC filing metadata
- accession: 0000950170-23-021053
- form_type: 8-K
- ticker: PRHI
- cik: 0001502292
- company_name: Presurance Holdings, Inc.
- filed_at: 2023-05-11T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502292/000095017023021053/0000950170-23-021053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502292/000095017023021053/cnfr-20230510.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-021053
- JSON: https://secwatch.observer/filing/0000950170-23-021053.json
- Plain text: https://secwatch.observer/filing/0000950170-23-021053.txt

## Key facts
- Earnings Releases
  Presurance Holdings, Inc. reported the first quarter ended March 31, 2023 results: net income $1.0 million, EPS $0.08 per share.
  - Period: the first quarter ended March 31, 2023
  - Net income: $1.0 million
  - EPS: $0.08 per share
  - Result: reported results
  source text: On May 10, 2023, Conifer Holdings, Inc. (the "Company") publicly announced results for the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1502292/000095017023021053/0000950170-23-021053-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.