Conifer Holdings Reports 2024 Third Quarter Financial Results
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Conifer Holdings reported a $61 million gain from the sale of its insurance agency operations in Q3 2024, but also faced an adjusted operating loss of over $7 million.

November 13, 2024 | 9:15 pm
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NEUTRAL IMPACT
Conifer Holdings reported a significant $61 million gain from the sale of its insurance agency operations, but also an adjusted operating loss of over $7 million for Q3 2024.
The $61 million gain from the sale of its insurance agency operations is a positive financial event, potentially boosting investor confidence. However, the adjusted operating loss of over $7 million indicates underlying operational challenges, balancing the overall impact to neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100