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Home > Archives for Insurance Updates

Tailrow Reciprocal Exchange, an HCI Group Sponsored Insurer, Assumes Just Under 14,000 Policies from Citizens, Representing Approximately $35 Million in Premium

Posted on: February 24, 2025 By: Insurance Updates

TAMPA, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today that Tailrow Read More

American National Completes Full Redemption of Outstanding Depositary Shares Representing Interests in its 5.95% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series A

Posted on: February 24, 2025 By: Insurance Updates

HOUSTON, Feb. 24, 2025 (GLOBE NEWSWIRE) -- American National Group Inc. (the “Company”) (NYSE: ANG PRA) today announced that the Company has completed the previously announced redemption (the “Redemption”) of all the 16,000 Read More

Goosehead Insurance, Inc. Announces Fourth Quarter and Full Year 2024 Results

Posted on: February 24, 2025 By: Insurance Updates

– Total Revenue Increased 20% for the year to $314.5 million –– Core Revenue Grew 17% for the year to $273.7 million –– Total Written Premium in 2024 Increased 29% to $3.8 billion –– 2024 Net Income of $49.1 million versus $23.7 Read More

Abacus Life Announces Private Exchange of Outstanding Public Warrants

Posted on: February 24, 2025 By: Insurance Updates

ORLANDO, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering alternative asset manager specializing in leveraging longevity and actuarial technology to offer Read More

Brown & Brown, Inc. names Stephen P. Hearn as executive vice president and chief operating officer

Posted on: February 24, 2025 By: Insurance Updates

DAYTONA BEACH, Fla., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE: BRO) (the “Company”) has announced the appointment of Stephen P. Hearn, an insurance industry veteran who joined the Company’s board of Read More

Employers Holdings, Inc. Reports Fourth Quarter 2024 and Full-Year Financial Results; Declares Quarterly Cash Dividend of $0.30 per Share

Posted on: February 20, 2025 By: Insurance Updates

Company to Host Conference Call on Friday, February 21, 2025, at 11:00 a.m. Eastern Standard TimeRENO, Nev., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Employers Holdings, Inc. (the “Company”) (NYSE:EIG), a holding company with Read More

Bishop Street Underwriters Closes Acquisition of Landmark Underwriting

Posted on: February 20, 2025 By: Insurance Updates

Deal Marks Expansion Outside of North America Creating a Platform for International GrowthNEW YORK and LONDON, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Bishop Street Underwriters (“Bishop Street”), a RedBird Capital Partners portfolio Read More

Orion180 Makes Key Executive Moves to Drive Product Growth and Further Expansion

Posted on: February 20, 2025 By: Insurance Updates

Company Hires Chris DiMartino as Chief Underwriting Officer; Promotes COO Ryan Jesenik to President of InsuranceMELBOURNE, Fla., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Orion180, a leading provider of innovative insurance solutions, Read More

Donegal Group Inc. Announces Fourth Quarter and Full Year 2024 Results

Posted on: February 20, 2025 By: Insurance Updates

MARIETTA, Pa., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Donegal Group Inc. (NASDAQ:DGICA) and (NASDAQ:DGICB) today reported its financial results for the fourth quarter and full year ended December 31, 2024. Significant items for Read More

Collateralized Reinsurance Firm, Specialty Risk RE, Completes $50 Million Institutional Funding Round

Posted on: February 20, 2025 By: Insurance Updates

LOS ANGELES, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Specialty Risk Re (“SRR”), a collateral reinsurance company founded in 2024, today announced the successful closing of its $50 million institutional funding round, led by private Read More

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