You should read the following discussion and analysis together with the "Consolidated Financial Statements and Supplementary Data" in Part II, Item 8 of this Annual Report. The following discussion contains forward-looking statements, which statements are subject to considerable risks and uncertainties. Future filings with the SEC, future press releases…
Newswires
–Extra Space Storage Inc., a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, announced operating results for the three months and year ended December 31, 2022. Highlights for the three months ended December 31, 2022:. FFO, excluding adjustments for property losses and tenant reinsurance claims due to…
Letter to Shareholders: FY 2022. Finished 2022 with a Q4 gross accident period loss ratio of 77%, down from 94% in Q4 2021, by leveraging our technology platforms to identify and rapidly respond to rising inflation, while the auto insurance industry has been experiencing an overall increase. Reduced our fixed expenses on a run rate basis from $197 million per…
George M. Murphy, President and Chief Executive Officer, commented:“ Looking back at 2022, Safety Insurance had another financially successful year with a combined ratio of 97.2%, GAAP earnings per diluted share of $3.15 and non-GAAP operating earnings per diluted share of $5.05. Net income for the quarter ended December 31, 2022 was $24.6 million, or $1.67 per…
–Financial Institutions, Inc., parent company of Five Star Bank, SDN Insurance Agency, LLC, Courier Capital, LLC and HNP Capital, LLC, announced today that Gary Pacos has joined the Bank as Chief Risk Officer. Mr. Pacos comes to Five Star Bank with 34 years of progressive experience in banking spending the first 17 years of his career in Compliance, Consumer Credit,…
As used below, "we" and "our" refer to MGIC Investment Corporation's consolidated operations or to MGIC Investment Corporation, as a separate entity, as the context requires. References to "we" and "our" in the context of debt obligations refer to MGIC Investment Corporation. The following is a discussion and analysis of the financial conditions and results of…
–Goosehead Insurance, Inc., a rapidly growing independent personal lines insurance agency, today announced results for the fourth quarter ended December 31, 2022. Total Revenues grew organically 43% over the prior-year period to $57.4 million in the fourth quarter of 2022 Fourth quarter Core Revenues* of $51.8 million increased 49% over the prior-year…
Pune, Maharashtra—- 02/22/2023– According to HTF Market Intelligence, the Global Motorcycle Insurance market to witness a CAGR of 1.27% during forecast period of 2023-2028. The market is segmented by United States Motorcycle Insurance Market Breakdown by Application by Type by End-Users by Insurance Providers by Motorcycle Coverage and by Geography.
Under the agreement reached by Consumer Watchdog, MEIC, and the California Department of Insurance, over 1,100 doctors and other healthcare provider policyholders will save $1.41 million in annual premiums under the approved rates as compared to the rates originally requested by MIEC. "Medical Insurance Exchange's agreement to reduce its 2023 rates and…
Some of the Major Companies covered in this Research are AIG, Berkshire Hathaway, Liberty Mutual, Zurich Insurance, Allianz, Tokio Marine, XL Group, ACE&Chubb, QBE, Bharti AXA. Brief Summary of Workers Compensation Insurance: Workers compensation insurance offers medical and wage benefits to people who are injured at work. Market Opportunities:- Rising Adoption…
The Union County Board of Supervisors recently got an update on a matter that most people probably have forgotten. During their regular February meeting, the board moved into executive session to discuss their involvement in what amounts to a nearly nationwide lawsuit relating to the opioid over-prescribing crisis several years ago.
Officials at Tomah Health say a redesign of the Wisconsin Hospital Association's PricePoint tool will enhance consumer price transparency. "The modern design of the WHA's PricePoint will further enable consumers, patients and others to easily access and compart pricing information of health care services across the state," Tomah Health chief financial…
"We need to get FEMA down here to answer these questions for us to where we can fix this ordinance once and for all and quit playing ping pong," Horry County Councilman Al Allen said. "Horry County Rising would like the council to invite the researchers who designed the supplemental flood zone to present to the council and public that a 2 ft freeboard in a 1,000 year…
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of“ a-” to LIO Specialty Insurance Company. Concurrently, AM Best has affirmed the FSR of A- and the Long-Term ICR of“ a-” of LIO Insurance Company. The companies are domiciled in Phoenix, AZ, and are collectively known as LIO Insurance Group.
According to the People's Dispensary for Sick Animals PAW, 2.0 million people in the United Kingdom owned pets between March 2020 to May 2021. For instance, according to the report issued by the American Pet Products Association, Inc., in 2019, 2020, and 2021, the U.S pet industry expenditure was USD 97.1 billion, USD 103.6 billion, and USD 123.6 billion,…
NFP, a leading property and casualty broker, benefits consultant, wealth manager, and retirement advisor, today announced a three-year partnership with D.C. United of Major League Soccer. "We're very excited about our partnership with D.C. United," said Ethan Foxman, president of NFP's Atlantic region. "Our partnership with NFP maintains one of our core priorities…
The U.S. Department of Housing and Urban Development Wednesday announced cuts to its annual mortgage insurance premiums, a move forecast to save the average family around $800 a year. Vice President Kamala Harris is traveling to Bowie State University in Maryland, where she is expected to comment on the announcement Wednesday afternoon.
Hayward Community Schools Board voted to renew staff health insurance through Health Partners. Frank reported that dental insurance rates will remain flat for 2023-24 through the Northern School District Trust. Business education students Brock Titus and Sara Middleman gave a presentation on their experience achieving career and technology…
From their root causes to countless complications, here’s what you should know about sinkholes.
