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Home > Archives for Insurance Companies

Trupanion Reports Third Quarter 2023 Results

Posted on: November 2, 2023 By: Insurance Updates

Trupanion returns to positive cash flow as margins continue to expand Figure One Total Revenue by Quarter SEATTLE, Nov. 02, 2023 (GLOBE NEWSWIRE) -- Trupanion, Inc. (Nasdaq: TRUP), the leading provider of Read More

Enact Reports Third Quarter 2023 Results

Posted on: November 1, 2023 By: Insurance Updates

_______________________________________GAAP Net Income of $164 million, or $1.02 per diluted shareAdjusted Operating Income of $164 million, or $1.02 per diluted shareReturn on Equity of 14.9% and Adjusted Operating Return on Read More

Palomar Holdings, Inc. Reports Third Quarter 2023 Results

Posted on: November 1, 2023 By: Insurance Updates

LA JOLLA, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) --  Palomar Holdings, Inc. (NASDAQ:PLMR) (“Palomar” or “Company”) reported net income of $18.4 million, or $0.73 per diluted share, for the third quarter of 2023 compared to net Read More

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

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