---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-126395"
form_type: "8-K"
ticker: "PRHI"
cik: "0001502292"
company_name: "Presurance Holdings, Inc."
filed_at: "2024-11-13T23:59:59+00:00"
generated_at: "2026-05-30T00:53:22.085044+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Conifer posts Q3 net income of $53.3M on $61M agency sale gain; core loss deepens

## Summary
- Net income allocable to common shareholders of $52.8M ($4.32/diluted share) vs. $(2.7M) a year ago; adjusted operating loss of $7.4M ($0.60/share).
- Gross written premiums fell 60.9% to $15.1M; net earned premiums down 39.1% to $14.6M. Combined ratio worsened to 143.1% from 120.8%.
- Commercial lines GWP plunged 85.9% to $4.0M; personal lines GWP rose 10.1% to $11.1M, now 73% of total premium.
- Sale of insurance agency operations to Bishop Street Underwriters closed in August 2024, eliminating agency revenue going forward.
- Book value per share rose to $4.01 from $0.24 a year ago, boosted by the sale gain.

## SEC filing metadata
- accession: 0000950170-24-126395
- form_type: 8-K
- ticker: PRHI
- cik: 0001502292
- company_name: Presurance Holdings, Inc.
- filed_at: 2024-11-13T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1502292/000095017024126395/0000950170-24-126395-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1502292/000095017024126395/cnfr-20241113.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-126395
- JSON: https://secwatch.observer/filing/0000950170-24-126395.json
- Plain text: https://secwatch.observer/filing/0000950170-24-126395.txt

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