On this page of Benford's Law Stocks.com we present our study of Conifer Holdings, Inc. — ticker symbol CNFR. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 5/11/2021 to 8/13/2025 for Conifer Holdings, Inc. under CIK number 0001502292. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for CNFR, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Conifer Holdings, Inc. based on the past CNFR filings our system processed in the past.
34.2
21.0
13.0
5.7
5.1
6.9
5.1
4.2
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, CNFR stockholder letter ]
Total numbers found: 1,165
Recent share count: 12,222,881 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
1165
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 12 numbers to move any given column by a full percentage point.
85

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 2's percentage was above the typical coverage universe range.
 • We deducted point upon observing the 4's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 4's percentage was below the company's typical historical range.
 • We deducted points upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted points upon observing the 5's percentage was below the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
CNFR
Normal score compared to other filers, falling within the middle 50%.
BYND
CERT
CTAS
DYN
CBRL
CMPO
CNXC
DRS
Check our work! We provide our Conifer Holdings, Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the CNFR filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 398 numbers that start with the digit 1. Here they are:
12,222,881
108,000
117,827
105,665
1,832
1,836
1,342
1,603
135,628
128,419
18,179
164,644
189,285
1
12,060
11,932
100,000,000
12,222,881
100,132
11,344
13,500
16,484
12,715
12,723
16,666
19,879
1,298
1,473
118
118
196
153
10
16,134
17,902
15,281
15,838
1,405
1,745
14,083
1,402
158
17
18
11
17
12,222,881
12,222,881
12,222,881
12,222,881
188
188
188
12,222,881
100,117
11,901
15
15
12,222,881
100,132
11,344
1,000
12,222,881
14,964
158
158
188
188
1,000
12,222,881
14,776
1,165
12,222,881
13,500
1,924
1,924
12,222,881
100,132
11,344
1,000
12,222,881
14,528
1,000
12,222,881
14,776
1,165
128
118
153
1,148
1,466
12,091
15,414
1,020
174
1,162
13,960
18,961
18,016
1,952
142,288
128,076
10,000
1,358
1,924
1,428
11,125
1,096
1,876
10
16.0
156
10.0
10.2
15
1
17,421
19,155
1,272
1,205
108,000
10,178
18,123
19,665
1,899
1
1,831
117,827
12,251
105,665
1
1
1,430
1
176
1
16,532
16,708
1
1,343
19,150
19,150
1,762
10,174
10,178
13
1,657
10
1,068
104
17,055
107
18,123
1
1
1
1
1
19,660
19,665
1,066
1,066
11
12,208
12,251
1,196
1,928
12
1,358
1,524
118
112
1,298
1,473
118
118
118
118
118
118
16.2
14,881
13,006
19,155
1,272
1,205
108,000
110.1
108.4
109.4
17,421
17,421
19,155
19,155
1,205
1,205
134,592
1,036
135,628
143,448
18,123
18,123
19,665
19,665
1,831
1,831
105,665
105,665
127,127
105,885
1,292
128,419
136,489
17
10.0
12.7
17.5
11.5
10.0
11.8
17.5
12.5
12,465
12,465
12.1
10.3
11.9
10.8
1,022
1,922
117
176,362
175,826
189,285
174,612
102,019
104,795
103,805
12,481
15,145
15,281
15,838
10,068
12,238
19,110
18,302
16,872
100,428
100,428
164,644
174,786
164,644
174,786
15.3
16.4
16.3
14.0
1.8
10.6
19,200
15
19,696
14,646
1,383
13,247
12,223
16,484
14,579
12,715
12,723
16,666
19,879
16,808
14,249
11,285
10,985
12,255
16,016
15,281
15,838
16.9
12,887
12,060
12,887
11,932
16.9
16.9
1,500
1.50
1.50
19.99
12.0
13.5
1.92
16
16
1,000
12,222,881
1,402
158
17
18
11
17
12,222,881
12,222,881
12,222,881
12,222,881
106,000
1.8
15,000
106,000
1.5
1.1
10.0
17,889
1,816
1,383
1,383
10
1,012
1,657
1,203
10,359
11,562
1,657
13,219
1,286
1,624
1,298
1,298
1,286
12,189
18,971
18,971
13,247
13,247
16,666
16,666
19
16,705
16,743
15,281
15,281
1,156
1,262
11,537
196
1,473
1,473
118
118
196
196
14,259
12,223
12,223
1,799
18,080
19,879
19,879
1,799
18,080
19,879
19,954
13,321
15,838
15,838
1,942
1,942
1,249
1,867
1,405
1,405
1,249
19,544
12,572
16,066
17,478
16,075
117
109
17,547
16,123
109
13,672
12,129
1,897
18,773
18,275
1,226
118
118
153
153
1,745
1,745
1,226
We found 245 numbers that start with the digit 2. Here they are:
21,151
21,953
27,654
283,262
281,656
21,180
25,829
2,494
255,054
260,131
28,208
21,525
283,262
281,656
29,381
2,587
28
25
257
226
25,801
2,287
2,422
21,963
29,436
2,051
2,573
2,643
2,051
2,573
2,159
2,051
2,573
2,051
2,573
21
21
2,051
2,573
2,156
248
2,156
248
2,156
248
2,608
25,585
2,051
2,051
28,208
2,559
21,525
2,573
2,573
2,156
2,156
28,208
2,889
248
248
2,573
2,159
245
25
257
28,766
254
24,641
20,330
27,654
21,953
21,953
247
200
2.2
253,000
20,814
2,062
22,610
27
22,644
23,437
2,600
2,290
21,933
2,903
28,432
28,433
24,605
2,842
2,471
2,082
2,062
2,062
2
2
25
27
2
2
26
2,290
26
2,290
259
262
2,208
23
2,898
2,903
298
2
2
29
2,471
29
2,471
274
285
2,421
23
2,705
2,587
28
28
25
28
25
2.0
250,000
26,950
25,864
22,610
22,644
23,437
2,600
2,290
22,644
22,644
2,290
2,290
220
21,108
21,108
21,108
21,108
28,433
28,433
2,471
2,471
220
21,151
21,151
21,242
25,733
25,733
25,733
25,733
27
2,287
253
23,462
2,800
2,339
25,801
26,224
29,178
2.8
2.8
2.1
250,000
2.0
20.0
21,079
229
25,029
28,638
24,226
2,614
25,801
21.2
25.8
253,000
2.0
20.0
29.3
233,000
2,051
2,573
2,159
2,051
2,573
2,051
2,573
21
21
2.40
280,000
290,000
21,079
21,079
23
23
2,596
2,287
2,287
2,211
2,711
2,021
28
28
2,021
2,051
20
2,236
2,188
234
2,422
20,861
234
21,095
2,036
2,517
23,041
26,089
28,031
2,587
2,587
25
25
257
257
2,573
23,740
28,638
28,638
226
25,801
25,801
2,303
2,798
2,152
268
2,152
2,643
We found 152 numbers that start with the digit 3. Here they are:
36,387
3,338
3,735
35,239
30,590
32,602
30,060
33,553
3,019
32,009
36,527
3,392
39,170
333
3,728
3,792
3,561
315
3,950
3,876
31
32
32
3,792
3,561
3,604
3,809
3,792
3,792
38
38
30
30
3,561
3,561
315
315
321
309
327
30
3,042
334
36
3,394
32,099
30,037
310
3,810
33,543
30,640
371
35
36
3,393
3,394
30,037
30,037
3
310
310
3
3,865
3
3,787
3,810
30,545
30,640
371
371
3,674
3
385
316
3,131
3,019
30
30,000
350,000
30,037
30,037
306
36,387
36,387
36,473
30,640
30,640
311
3.2
3.8
3,275
3,392
3,309
3,042
3,338
3,338
33,881
36.2
3.7
3.4
37,252
32,602
30,060
33,553
30,832
326,000
3,000
3.9
397,000
3,728
3,792
3,561
315
3,950
3,876
31
32
32
3.81
38,000
30,000
38
3,190
33
33
309
3,645
39
38
38
3,392
3,392
3,532
3,532
32,015
37,252
37,252
353
3,048
33,553
33,553
33,670
33,779
377
37,048
377
37,425
3,378
3,646
3,019
3,019
3,378
4's 5's 6's
We found 66 numbers that start with the digit 4. Here they are:
4,154
4,964
4,368
4,061
484
4,729
454
406
4,649
4,567
4,166
4,539
4,815
412,000
4,282
4,573
4
4,502
4,940
4
409
4,282
4,282
4
4,939
4,940
43
4,502
4,502
4.4
4.3
4,964
4.0
400,000
400,000
4.0
43,299
49,034
4.0
4.0
4.0
4,000,000
4,000,000
4,000,000
424,000
4.53
433
468
468
4,368
4,072
4,285
4,156
4,352
4,156
4,061
4,964
4,964
4,403
4,961
4,961
43,284
43,284
48
4,249
4,695
We found 59 numbers that start with the digit 5. Here they are:
5,863
5,885
5,355
5,072
557
557
557
557
557
5,576
500
5,701
50
58.3
5,168
5,147
5
5
5
5
5,630
5,928
5
5
51
5
5.2
5,000
588,000
584,000
58,081
52,605
50
5,147
5,147
5,140
5,140
5.9
5.8
549
57.0
50
56.0
500,000
500,000
5,724
5,155
5,778
5,000
5.5
5.5
5,552
500
5,355
5,355
5,237
5,317
5,287
5,072
We found 80 numbers that start with the digit 6. Here they are:
6,919
6,088
6,380
6,660
60,580
63,153
63,613
6,920
65
6,564
6,552
64
62,631
60,580
6,000
6,000
63,153
60,580
6,000
6,000
6.5
61
67
69
652
63
63
64
64
67
67
62
63
64
6
65
66
69
69
687
60
6,647
6,542
6,647
6,775
6,380
6,405
6,805
6,552
6,658
6,658
6,015
693
6,564
6,064
6.6
6.5
6.0
6,920
6,564
650,000
6.0
6,000
64
630,000
612,000
65.04
6,564
6,564
65
65
6,782
6,906
624
624
6,210
6,210
69
6,552
6,552
7's 8's 9's
We found 59 numbers that start with the digit 7. Here they are:
77,892
7,820
77
75
7,229
70
70
70
7,654
7,500
752
77
75
70,713
72,475
75
7
78,084
772
7,193
7,820
7,820
73
7.8
7,820
7,820
7,820
7,820
77,872
73,807
70,807
7,206
7,657
77,892
74,358
77,892
74,358
747,000
7,818
753,000
771,000
7.5
7.5
75,000
7.5
7.5
70,000
7.8
78
7.8
735
735
7,985
77
75
75
75
7,229
735
We found 49 numbers that start with the digit 8. Here they are:
8,435
84,490
8,070
864
868
86,609
86,683
8,483
834
8,945
84
83
89
865
865
82
83
81,758
8.5
8.3
86
8,070
8,070
83
8.1
8,070
8,070
84,490
86,752
86,752
8.7
8.9
8,850
827
88,000
86,000
81
864
864
8,962
8,681
8,700
8,005
8,375
868
868
884
8,077
8,783
We found 57 numbers that start with the digit 9. Here they are:
97,899
9,901
9,386
98,178
9,564
9,750
98,132
98,170
90,559
98,178
98,100
98,170
90,559
9,750
948
9,385
97,960
9,027
94,779
9,697
97,899
98
99
934
95
970
98,000
9,603
97,899
97,899
97,899
98,119
91
9,785
9,785
9,785
9,535
9,785
9,535
98,490
9,666
9,564
9,728
9.3
955
9.75
9,096
9,564
9,564
9,073
9,541
9,574
926
9,324
95
9,750
9,750
While the above CNFR 10Q Filed 8/13/2025 is interesting in isolation, we have found that it is also useful to take a look at older Conifer Holdings, Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 8/13/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical CNFR 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

34.2
21.0
13.0
5.7
5.1
6.9
5.1
4.2
4.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 85
XBRL?   [ original filing ]
Total numbers found: 1,165

= Typical CNFR range from 5/11/2021 to 8/13/2025
30.0
15.9
12.1
10.2
8.2
8.5
4.4
5.9
4.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 1,302

= Typical CNFR range from 5/11/2021 to 8/13/2025
30.4
18.0
13.4
10.1
9.1
6.7
3.4
3.8
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,745

= Typical CNFR range from 5/11/2021 to 8/13/2025
29.2
23.1
12.9
7.9
6.4
8.5
5.5
2.9
3.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 81
XBRL?   [ original filing ]
Total numbers found: 801

= Typical CNFR range from 5/11/2021 to 8/13/2025
29.2
17.1
11.6
9.0
8.9
6.6
5.2
4.4
7.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 70
XBRL?   [ original filing ]
Total numbers found: 1,196

= Typical CNFR range from 5/11/2021 to 8/13/2025
27.7
23.9
11.3
7.8
5.4
7.8
6.1
4.7
5.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 83
XBRL?   [ original filing ]
Total numbers found: 1,173

= Typical CNFR range from 5/11/2021 to 8/13/2025
38.7
15.6
9.5
7.9
7.6
6.8
4.0
4.9
5.0
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 87
XBRL?   [ original filing ]
Total numbers found: 821

= Typical CNFR range from 5/11/2021 to 8/13/2025
33.3
16.2
16.8
8.6
5.3
5.2
4.3
4.8
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 67
XBRL?   [ original filing ]
Total numbers found: 1,150

= Typical CNFR range from 5/11/2021 to 8/13/2025
32.7
19.6
10.6
9.2
8.0
7.0
4.7
4.2
4.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 100
XBRL?   [ original filing ]
Total numbers found: 1,190

= Typical CNFR range from 5/11/2021 to 8/13/2025
29.8
18.7
12.4
10.6
8.6
5.3
4.3
5.0
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,936

= Typical CNFR range from 5/11/2021 to 8/13/2025
25.3
23.3
11.1
7.7
10.2
6.8
6.2
3.7
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 810

= Typical CNFR range from 5/11/2021 to 8/13/2025
29.4
19.9
12.9
8.8
6.5
6.7
4.5
4.5
6.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 1,167

= Typical CNFR range from 5/11/2021 to 8/13/2025
29.3
16.2
13.7
10.6
9.0
9.0
4.7
4.1
3.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 93
XBRL?   [ original filing ]
Total numbers found: 1,789

= Typical CNFR range from 5/11/2021 to 8/13/2025
33.1
18.1
12.7
9.1
6.9
6.4
3.6
4.9
5.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 812

= Typical CNFR range from 5/11/2021 to 8/13/2025
30.7
17.1
13.7
8.9
8.1
6.2
5.9
3.7
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,142

= Typical CNFR range from 5/11/2021 to 8/13/2025
32.3
19.7
10.5
8.7
7.5
4.8
6.9
3.7
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 1,217

= Typical CNFR range from 5/11/2021 to 8/13/2025
30.7
18.6
11.5
10.1
7.6
5.8
4.1
5.8
5.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 1,795

= Typical CNFR range from 5/11/2021 to 8/13/2025
29.5
22.0
14.5
8.3
7.3
5.6
4.4
3.0
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 91
XBRL?   [ original filing ]
Total numbers found: 1,280

= Typical CNFR range from 5/11/2021 to 8/13/2025
 

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