Conifer Holdings Inc. Announces Dismissal of Plante Moran Amid Accounting Control Weakness

Reuters
Jul 12
Conifer Holdings Inc. Announces Dismissal of Plante Moran Amid Accounting Control Weakness

Conifer Holdings Inc. announced a change in its independent registered public accounting firm, dismissing Plante & Moran, PLLC on July 8, 2025, and appointing Grant Thornton LLP. The decision follows the identification of a material weakness in internal control over financial reporting related to complex, non-routine transactions, specifically the disposal of the company's agency business, during the quarter ended September 30, 2024. This weakness was attributed to the reduced size and scope of Conifer's accounting and finance function following the disposal. Management implemented enhancements to the control environment by the fourth quarter of 2024, which they believe remediated the issue. The change in accountant was not due to any disagreements on accounting principles or practices.

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