Conifer swings to profit after major insurance agency sale
Conifer Holdings Inc reported third-quarter net income of $52.8 million, reversing a net loss of $2.7 million in the same period last year. The swing to profitability was driven by a $61 million gain from the August sale of its insurance agency operations. Gross written premiums fell 60.9% to $15.1 million as the company scaled … Read more