secwatch.observer — SEC 8-K summary
======================================

Issuer:     Presurance Holdings, Inc. (PRHI)
CIK:        0001502292
Form:       8-K
Filed at:   2025-05-14T23:59:59+00:00
Accession:  0000950170-25-071337
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Conifer posts Q1 net income of $0.04/share but adjusted operating loss of $0.30; combined ratio spikes to 140.5%
--------------------------------------------------------------------------------

- Net income allocable to common shareholders $522k ($0.04/diluted share) vs $74k ($0.01) a year ago.
- Adjusted operating loss of $3.7M ($0.30/share) vs operating income of $1.3M ($0.11) in Q1 2024.
- Gross written premiums fell 33.5% to $16.2M due to Commercial Lines shrinkage after agency sale.
- Combined ratio for Q1 2025 was 140.5% (loss ratio 89.7%, expense ratio 50.8%), up from 96.7% a year ago.
- Personal lines production up 22%; book value per share $2.09.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1502292/000095017025071337/0000950170-25-071337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1502292/000095017025071337/cnfr-20250514.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-071337

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer