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Net income available to common shareholders of $193 million, or $2.25 per diluted common share, and operating income of $498 million, or $5.81 per diluted common share Improvement of 1.7 points in the combined ratio to 95.8% Pre-tax catastrophe and weather-related losses, net of reinsurance and reinstatement premiums, of $403 million, or 7.8 points, compared…

–First US Bancshares, Inc., the parent company of First US Bank, today reported net income of $2.2 million, or $0.35 per diluted share, for the quarter ended December 31, 2022, compared to $1.9 million, or $0.29 per diluted share, for the quarter ended September 30, 2022 and $1.7 million, or $0.25 per diluted share, for the quarter ended December 31, 2021.

–Univest Financial Corporation, parent company of Univest Bank and Trust Co. and its insurance, investments and equipment financing subsidiaries, announced net income for the quarter ended December 31, 2022 was $23.8 million, or $0.81 diluted earnings per share, compared to net income of $17.4 million, or $0.59 diluted earnings per share, for the quarter ended…

MetLife, Inc. today announced that Michel Khalaf, president and CEO, and John McCallion, executive vice president and chief financial officer, will participate in a fireside chat at the Bank of America Securities Financial Services Conference 2023 on Wednesday, Feb. 15, 2023, beginning at 8:50 a.m.. MetLife, Inc., through its subsidiaries and affiliates, is one…

RLI Corp.– RLI Corp. reported fourth quarter 2022 net earnings of $97.8 million, compared to $95.3 million for the fourth quarter of 2021. Underwriting income of $178.2 million on a combined ratio of 84.4. 16% increase in gross premiums written. Favorable development in prior years’ loss reserves, resulting in a $106.5 million net increase in underwriting…

Independent Insurance Agency in California Purchases Second Generation Family Ran Insurance Agency.. "–Stephanie Michele, KOVR CEO LOS ANGELES, CA, USA, January 25, 2023/ EINPresswire.com/– When KOVR principal, Dave Nelson, sold the insurance agency he built after 35 years in the business, he had high hopes. In January 2023, KOVR purchase Retsky Insurance Agency, Inc….

Don't expect much healthcare reform from the 118th Congress. During the first two years of President Joe Biden's first term, when Democrats controlled the White House, the Senate and the House, healthcare reform was mostly limited to temporary measures related to the public health emergency, surprise medical billing and Medicare drug price negotiation.

Best car insurance, best home insurance and best life insurance company: State Farm Best car insurance company for cheap rates: Nationwide Best car insurance companies for customer satisfaction: Erie and Travelers Best car insurance company for drivers with tickets: Progressive Best home insurance company for cheap rates: Amica Best home insurance company…

NJ New Jersey, USA—- 01/25/2023– The Global Tourism Insurance Market Report assesses developments relevant to the insurance industry and identifies key risks and vulnerabilities for the Tourism Insurance Industry to make stakeholders aware with current and future scenarios. To derive complete assessment and market estimates a wide list of Insurers and…

The Biden administration has announced that more than 16.3 million people have chosen an Affordable Care Act Marketplace health plan during the enrollment period between Nov. 1 and Jan. 15. The enrollment is the largest since the Affordable Care Act Marketplace was created. "This year, the 10th year of ACA Open Enrollment, more Americans signed up for…

NJ New Jersey, USA—- 01/25/2023– Latest Study on Industrial Growth of Straight Life Insurance Market 2022-2027. A detailed study accumulated to offer Latest insights about acute features of the Straight Life Insurance Market. Major Players in This Report Include: Allianz, AXA, Generali, Ping an Insurance, China Life Insurance, Prudential PLC, Munich Re, Zurich…

–Davis Kelin Trial Lawyers, an Albuquerque- based premier litigation firm, along with Las Cruces- based McGraw Law, LLC, received a $52 million verdict in an insurance bad faith case against Professional Underwriters Liability Insurance Company— a wholly owned subsidiary of The Doctor’ s Company— in a decade-long case relating to unfair insurance practices.

More than 3 million new members joined the marketplace, also known as“ Obamacare,” according to the Department of Health and Human Services. The government worked with nonprofit groups and invested in program specialists who helped to sign people up in low-income, immigrant, Black and Latino communities to enroll more people, said Chiquita Brooks-LaSure,…

New Jersey, NJ—- 01/25/2023– The latest study released on the Global Insurance Claim Investigation Market by AMA Research evaluates market size, trend, and forecast to 2027. Key Players in This Report Include: Corporate Investigative Services, Inc., Lowers& Associates, PJS Investigations Pty Ltd., CoventBridge Group, Robertson&Co, ICORP Investigations, Brumell…

The growth of the Employers' Liability Insurance market was mainly driven by the increasing R&D spending across the world. Some of the key players profiled in the study are Aviva, Allianz, American International Group, Inc., Zurich, Chubb, AXA, RSA, The Travelers Indemnity Company, Hiscox Ltd, NFU Mutual. Scope of the Report of Employers' Liability Insurance…

AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of“ a” of EyeMed Insurance Company. The outlook of these Credit Ratings is stable. EIC, along with EyeMed Vision Care, LLC, are the North America- based entities of EssilorLuxottica, the ultimate parent.

LOUIS— Two major insurance companies have refused to issue new policies on some Kias and Hyundais in the St. Louis region as theft rates of those vehicles remain high following last year's surge. It's hard to call a precedent for this, "said Michael Barry, spokesman for Insurance Information Institute, a consumer education organization. Florissant resident Dru…