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Home > Archives for Insurance Companies > Insurance News

Enact Declares Quarterly Dividend of $26 Million and Special Dividend of $113 Million

Posted on: November 1, 2023 By: Insurance Updates

RALEIGH, N.C., Nov. 01, 2023 (GLOBE NEWSWIRE) --  Enact Holdings, Inc. (Nasdaq: ACT) (Enact) today announced that its Board of Directors declared a quarterly cash dividend of $26 million, or $0.16 per common share, and a special Read More

Core Specialty to Acquire American Surety Company

Posted on: November 1, 2023 By: Insurance Updates

American Surety Company to operate as a separately managed Division of Core Specialty as expected 15th specialty business unitCore Specialty to establish a new Bond, Credit & Guarantee subsegment, including the recently Read More

United Fire Group, Inc. Reports Third Quarter 2023 Results

Posted on: November 1, 2023 By: Insurance Updates

Third Quarter Net Income of $0.25 per Diluted Share and Adjusted Operating Income of $0.31 per Diluted Share Third quarter 2023 highlights: Net income of $6.4 million driven by increased earned premium, favorable loss and loss Read More

ProCap Announces a Pioneering Business Model Set to Lead the Industry with Innovation

Posted on: November 1, 2023 By: Insurance Updates

ProCap International's announcement of a Pioneering Business Model marks a turning point in the gaming industry, with widespread recognition of its exceptional approach. The company's innovative operational model, seamlessly Read More

Skyward Specialty Adds Seven in Strategic Move to Reach New Surety Markets

Posted on: November 1, 2023 By: Insurance Updates

HOUSTON, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc.TM (NASDAQ: SKWD) ("Skyward Specialty" or "the Company") a leader in the specialty property and casualty (P&C) market, announced additional Read More

Layr Secures $10 Million Investment to Bridge the Small Business Insurance Tech Gap for Brokers

Posted on: November 1, 2023 By: Insurance Updates

Insurtech Platform Digitally Streamlines Brokers’ Small Business Insurance Operations from Quote to ClaimATLANTA, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Layr, a leading insurance tech company, closed a $10 million round of financing Read More

Brown & Brown, Inc. announces sale of certain third-party administer businesses and enters into long-term strategic relationship with Davies Group Ltd.

Posted on: October 31, 2023 By: Insurance Updates

DAYTONA BEACH, Fla., Oct. 31, 2023 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), today announced an agreement with Davies Group Ltd. (“Davies”) that includes the sale of Read More

ITC Vegas and Innovation Scout Sønr Award CompScience First Place in Forward50 Americas for Insurance Analytics

Posted on: October 31, 2023 By: Insurance Updates

Josh Butler, Founder and CEO of CompScience to Speak at ITC Vegas with Matt Connolly CEO of SønrLAS VEGAS, Oct. 31, 2023 (GLOBE NEWSWIRE) -- [ITC Vegas] -- CompScience has been voted the top-ranked startup as part of the Read More

Third-Party Administrator, SureGo Administrative Services, Announces the Launch of Its New Website, Mysurego.com

Posted on: October 31, 2023 By: Insurance Updates

FAIRHOPE, Ala., Oct. 31, 2023 (GLOBE NEWSWIRE) -- SureGo Administrative Services (SureGo), a division of Trawick Holdings that serves as a third-party administrator specializing in international and special risk insurance Read More

Through a Partnership with ICEYE, Duck Creek Provides Customers with Best-in-Class Catastrophe Monitoring Solutions

Posted on: October 31, 2023 By: Insurance Updates

BOSTON, Oct. 31, 2023 (GLOBE NEWSWIRE) -- Duck Creek Technologies, the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, announces its partnership with ICEYE, a leading Read More

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