PEMBROKE, Bermuda—- Arch Capital Group Ltd. announces its 2021 third quarter results. Net income available to Arch common shareholders of $388.8 million, or $0.98 per share, a 12.3% annualized net income return on average common equity, compared to $408.6 million, or $1.00 per share, for the 2020 third quarter; After-tax operating income available to Arch common…
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–Cincinnati Financial Corporation today reported:. Third-quarter 2021 net income of $153 million, or 94 cents per share, compared with $484 million, or $2.99 per share, in the third quarter of 2020, after recognizing an $82 million third-quarter 2021 after-tax reduction in the fair value of equity securities still held. $146 million or 232% increase in non-GAAP…
–Donegal Group Inc. and today reported its financial results for the third quarter and first nine months of 2021.. Net loss of $6.7 million, or 22 cents per Class A share, compared to net income of $11.8 million, or 41 cents per diluted Class A share Net premiums earned increased 6.1% to $196.2 million Net premiums written 1 increased 9.0% to $197.0 million Combined…
–The Hanover Insurance Group, Inc. today reported net income of $34.0 million, or $0.94 per diluted share, in the third quarter of 2021, compared to $118.9 million, or $3.13 per diluted share, in the prior-year quarter. This compared to operating income of $93.5 million, or $2.46 per diluted share, in the prior-year quarter. Net premiums written increase of 8.4%*,…
The following discussion should be read in conjunction with the condensed consolidated financial statements and accompanying notes, which appear elsewhere in this Quarterly Report on Form 10- Q. We urge you to carefully review and consider the various disclosures made by us in this Quarterly Report and in our other reports filed with the Securities and…
–Aflac Incorporated today reported its third quarter results. Net earnings in 2020 reflect a $1.4 billion benefit from the release of valuation allowances on deferred tax benefits due to changes in U.S. tax regulations. In the third quarter, Aflac Incorporated deployed $525 million in capital to repurchase 9.6 million of its common shares.
–Goosehead Insurance, Inc., a rapidly growing independent personal lines insurance agency, today announced results for the third quarter ended September 30, 2021. Total Revenues grew organically 30% over the prior-year period to $41.7 million Core Revenues* of $37.2 million increased 41% over the prior year period Third quarter net income of $5.4 million;…
Suffolk will now be able to provide simple, seamless access to competitive options for their members' insurance needs, delivering the right coverages at the right price at the right time. EAST WINDSOR, CT, USA, October 27, 2021/ EINPresswire.com/– Suffolk FCU ranked as one of New York' s top credit unions, has partnered with Insuritas, a full-service digital insurance…
–During a time of continued economic uncertainty, Northwestern Mutual has maintained its unquestionable long-term financial strength and stability, and today announced that its policyowners will receive an estimated $6.5 billion in dividends next year. The 2022 payout will mark both a new record for Northwestern Mutual and 150 consecutive years of the…
SimplePin partners with Insured Nomads Two FinTech Startups Change the Way We Travel PALM BEACH, Fla.- October 27, 2021-. It's clear they are in alignment with the current state of tech and what the industry desires as a user experience, "says Brett M. Estep, EVP& COO at Insured Nomads. "We are thrilled to partner with Insured Nomads and their efforts to deliver smart…
Oct. 26— Starting Monday, Nov. 1, Minnesotans can find and enroll in affordable, comprehensive health and dental coverage through MNsure, Minnesota's health insurance marketplace. "Whether you're looking for the first time or have been enrolling through MNsure for years, this is the best year yet to visit MNsure.org and review your options," said MNsure CEO Nate…
AmeriHealth Caritas announced today that its South Carolina health plan, Select Health of South Carolina, will offer a new health insurance option for South Carolinians eligible for both Medicare and Medicaid. First Choice VIP Care, a Medicare Advantage Special Needs Plan for dual eligibles, has begun accepting enrollment applications in 42 counties, with…
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of Rembrandt Insurance Company, Ltd., a captive insurer of Vitol Holding B.V., a group engaged in the trading of petroleum-related products. The outlook of these Credit Ratings is stable. The ratings reflect Rembrandt’ s balance sheet strength, which AM Best…
Programs that provide access to affordable coverage, like the federal insurance marketplace subsidies expanded earlier this year, should be made permanent by Congress— including Sens. Mark Kelly and Kyrsten Sinema— so health care is available to as many people as possible. If Congress does not act to make the subsidies permanent, millions of Americans could…
Compare-autoinsurance.org has launched a new blog post that presents important information drivers should know about new car replacement insurance. For more info and free car insurance quotes online, visit https://compare-autoinsurance.org/everything-drivers-need-to-know-about-new-car-replacement-insurance/. Whenever drivers take their…
Starting Monday, November 1, Minnesotans can find and enroll in affordable, comprehensive health and dental coverage through MNsure, Minnesota's health insurance marketplace. November 1 kicks off MNsure's open enrollment period, which is the annual opportunity for Minnesotans to sign up, change plans, or renew their current private health insurance.
–Today, Exer Urgent Care opened its 24 th Southern California location and first in Orange County, expanding into the city of Huntington Beach. As Orange County continues to navigate the global pandemic amid the Delta variant surge, Exer helps alleviate the overcrowding of local hospital ERs with neighborhood facilities offering more comprehensive medical…
AM Best has upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to“ bbb” from“ bbb-” of Petrolimex Insurance Corporation. The outlook of these Credit Ratings has been revised to stable from positive. The ratings reflect PJICO’ s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating…
LAS VEGAS, Nev.– A Las Vegas woman pleaded guilty today to using at least 40 stolen identities to fraudulently collect approximately $175,622 in unemployment insurance benefits from the California Employment Development Department, the administrator of the federally funded unemployment insurance benefit program for residents of the State of…
