Conifer Holdings Inc (CNFR) was Downgraded by Sandler O’Neill to ” Hold”. Earlier the firm had a rating of “Buy ” on the company shares. Sandler O’Neill advised their investors in a research report released on Apr 29, 2016.
In a different news, on Mar 8, 2016, Andrew Petcoff (SVP, Marketing) purchased 6,425 shares at $6.75 per share price. According to the SEC, on Feb 25, 2016, Harold J Meloche (CFO) purchased 4,034 shares at $5.77 per share price. On Feb 23, 2016, R Jamison Jr Williams (director) purchased 7,600 shares at $6.36 per share price, according to the Form-4 filing with the securities and exchange commission.
Conifer Holdings Inc. (CHI) is an insurance holding company. The Company is engaged in the sale of property and casualty insurance products. It offers insurance coverage through its insurance subsidiaries in both specialty commercial and specialty personal product lines. CHI is also focused on non-commoditized property and casualty insurance markets. Through its commercial insurance lines the Company offers coverage for both commercial property and commercial liability. Through its personal insurance lines it offers non-standard homeowners insurance and dwelling fire insurance products to individuals in various states which includes Florida Hawaii Illinois and Texas. Its subsidiaries include American Colonial Insurance Company Conifer Holdings Inc. and Sycamore Insurance Agency Inc.