Presurance Holdings, Inc. (PRHIZ)

NASDAQ · Insurance · Fire, Marine & Casualty Insurance

Price
$25.00
Day
+6.38%

Close 2026-09-24.

The company

Business Overview We are an insurance holding company that markets and services our product offerings through specialty personal insurance lines of business. Currently, we are authorized to write insurance as an excess and surplus lines carrier in 44 states, including the District of Columbia. We are licensed to write insurance as an admitted carrier in 42 states, including the District of Columbia. As of December 31, 2025, we offer only homeowners insurance products in Texas, Illinois and Indiana. Our revenues are primarily derived from premiums earned from our insurance operations. We also generate other revenues through investment income. Prior to the sale of CIS we also generated other income mainly from installment fees and policy issuance fees related to the policies we wrote. Our revenues generated from the Company's MGA, CIS, are disclosed in discontinued operations in 2024. Following the CIS Sale, we no longer generate commission income or related installment and policy issuance fees. Our expenses consist primarily of losses and loss adjustment expenses, agents’ commissions, and other underwriting and administrative expenses. Historically, we have organized our operations in three insurance businesses: commercial insurance lines, personal lines, and agency business prior to the CIS Sale. Together, the commercial and personal lines refer to “underwriting” operations that take insurance risk, and the agency business refers to non-risk insurance business.

From Item 1: Business Overview.

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