Presurance Holdings Posts $1.6 Million Q3 Loss; YTD Underwriting Ratio Improves

Presurance Holdings reported a third-quarter 2026 net loss of $1.6 million, compared with a $4.0 million loss a year earlier, on total revenue and other income of $9.6 million. Adjusted diluted loss per share was $0.42. For the first nine months of 2026, the company reported net income of $3.5 million and an overall underwriting combined ratio of 97.1%.

Financial Highlights

• Total revenue and other income was $9.6 million for the third quarter, compared with $6.7 million in the prior-year quarter; nine-month revenue and other income was $30.3 million, down from $38.7 million.
• Net earned premiums were $8.4 million in the quarter, up 23.7% year over year. Nine-month net earned premiums were $21.2 million, down 20.7%.
• Net loss was $1.6 million, or $0.43 per diluted share, compared with a $4.0 million loss, or $2.27 per share, in the third quarter of 2025. Nine-month net income was $3.5 million, versus a $1.4 million loss.
• Adjusted operating loss was $1.6 million for the quarter and $1.2 million for the first nine months. Adjusted diluted loss per share was $0.42 and $0.36, respectively.
• The overall underwriting combined ratio was 113.2% for the quarter and 97.1% for the first nine months, compared with 141.2% and 133.7% in the corresponding 2025 periods.

Business Highlights

• Personal Lines now consists exclusively of Texas homeowners policies following the decision not to renew the company’s Midwest homeowners business.
• The company continues to focus on homeowners business, disciplined risk selection and selective acceptance of risks amid potentially softening market conditions.
• Commercial Lines remains in runoff, with no ongoing new-business production. The company is managing legacy exposures and claims in the discontinued portfolio.
• Third-quarter reserve strengthening was largely associated with adverse development in the legacy runoff book, particularly the discontinued Security Guard business.

Original SEC Filing: Presurance Holdings, Inc. [ PRHI ] - 8-K - Nov. 12, 2026