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Home > Archives for Insurance Updates

HCI Group’s 4.75% Convertible Senior Notes Due 2042 Became Convertible on January 1, 2025

Posted on: January 2, 2025 By: Insurance Updates

TAMPA, Fla., Jan. 02, 2025 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has announced that its 4.75% Read More

Palomar Holdings, Inc. Completes Acquisition of First Indemnity of America Insurance Company

Posted on: January 2, 2025 By: Insurance Updates

LA JOLLA, Calif., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (“Palomar” or the “Company”) today announced the completion of the Company’s acquisition of First Indemnity of America Insurance Company Read More

MICA Announces $16 Million Dividend

Posted on: January 2, 2025 By: Insurance Updates

$95 Million Returned to Policyholders in the Last 5 YearsPHOENIX, Jan. 02, 2025 (GLOBE NEWSWIRE) -- Today Mutual Insurance Company of Arizona® (MICA) announced that its Board of Trustees has declared a policyholder dividend of Read More

SiriusPoint Announces Full Repurchase of CM Bermuda Shares

Posted on: December 30, 2024 By: Insurance Updates

HAMILTON, Bermuda, Dec. 30, 2024 (GLOBE NEWSWIRE) -- SiriusPoint Ltd. (“SiriusPoint”) (NYSE: SPNT), a global specialty insurer and reinsurer, announced today it has entered into an agreement to repurchase all SiriusPoint common Read More

Reliance Global Group Reflects on a Transformative Year and Looks Ahead to 2025

Posted on: December 23, 2024 By: Insurance Updates

OneFirm Approach Delivering Results - Drives Increased Revenue, Reduced Expenses, and Growing EBITDA Spetner Acquisition Nears Final Stages, Strengthening Company’s Future Prospects LAKEWOOD, N.J., Dec. 23, 2024 (GLOBE Read More

PEMCO poll: Belief that young adults can’t afford homes jumps by 13% since 2020

Posted on: December 20, 2024 By: Insurance Updates

Renters cite hefty downpayments and pricey mortgages as largest barriers to homeownershipSEATTLE, Dec. 20, 2024 (GLOBE NEWSWIRE) -- With home prices on the rise for years, young adults across the Pacific Northwest have found Read More

Progressive Reports November 2024 Results

Posted on: December 13, 2024 By: Insurance Updates

MAYFIELD VILLAGE, OHIO, Dec. 13, 2024 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE:PGR) today reported the following results for the month ended November 30, 2024:  November(millions, except per share amounts and Read More

Trupanion Named Top Employer in Six Categories at VIBE Awards

Posted on: December 11, 2024 By: Insurance Updates

Trupanion wins awards for Work Flexibility, Retirement Benefits, Professional Development, Health and Wellness, Parental Benefits and Vacation BenefitsSEATTLE, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), Read More

Abacus Life Closes $150 Million Debt Financing Facility to Support Continued Growth

Posted on: December 10, 2024 By: Insurance Updates

ORLANDO, Fla., Dec. 10, 2024 (GLOBE NEWSWIRE) -- Abacus Life, Inc. (“Abacus” or the “Company”) (NASDAQ: ABL), a pioneering global alternative asset manager specializing in leveraging longevity data and actuarial technology to Read More

Duck Creek Technologies Strengthens Global Sales Leadership with Strategic Appointments in North America, EMEA, and APAC

Posted on: December 10, 2024 By: Insurance Updates

New executive hires reinforce the company’s commitment to elevating the customer experience, driving growth on a global scale, and leading a movement to transform the insurance industry in 2025 and beyondBOSTON, Dec. 10, 2024 Read More

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