Member Insurance Hires Former Do it Best Corp. Vice President of Sales and Business Development Jay Brown CORNELIUS, N.C., Aug. 21, 2017 (GLOBE NEWSWIRE) — Member Insurance Agency, Inc., the largest provider of insurance to co-op and independent hardware stores in the United States, today announced the appointment of Jay Brown as Account Ambassador. In this newly-created role, Brown will be working with major retail businesses in the hardware store, lumber dealer, and building material dealer industries … Read More
Brown & Brown, Inc. Announces the Asset Acquisition of herronpalmer DAYTONA BEACH, Fla., Aug. 21, 2017 (GLOBE NEWSWIRE) — J. Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Felicia Palmer and Tony Herron, the founders of herronpalmer, LLC (“herronpalmer”), today announced that Pacific Resources Benefit Advisors, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of herronpalmer. Herronpalmer assists Fortune-ranked … Read More
Federated National Holding Company Management to Participate in a Fireside Chat at the Keefe Bruyette & Woods 2017 Insurance Conference SUNRISE, Fla., Aug. 18, 2017 (GLOBE NEWSWIRE) — Federated National Holding Company (“Federated National” or “the “Company”) (NASDAQ:FNHC), an insurance holding company, announced today that Company management will participate in a fireside chat at the upcoming Keefe, Bruyette & Woods 2017 Insurance Conference on Wednesday, September 6, 2017 at 3:15 PM Eastern Time. The conference is being held at the … Read More
United Fire Group, Inc. Declares a Common Stock Quarterly Cash Dividend of $0.28 per Share CEDAR RAPIDS, Iowa, Aug. 18, 2017 (GLOBE NEWSWIRE) — Today, the Board of Directors of United Fire Group, Inc. (Nasdaq:UFCS) (“UFG”) declared a common stock quarterly cash dividend of $0.28 per share. This dividend will be payable September 15, 2017, to shareholders of record as of September 1, 2017. UFG has consistently paid a quarterly cash dividend since 1968. About … Read More
EMC Insurance Group Inc. Declares Quarterly Cash Dividend, and Announces a Presentation by Management at the 6th Annual Intellisight Investor Conference DES MOINES, Iowa, Aug. 17, 2017 (GLOBE NEWSWIRE) — EMC Insurance Group Inc. (NASDAQ:EMCI) (the “Company”) today announced that its board of directors declared a quarterly cash dividend of $0.21 per share of common stock payable September 5, 2017, to stockholders of record as of August 29, 2017. The Company has declared a quarterly dividend since becoming a publicly held … Read More
HCI Group Subsidiary Homeowners Choice Approved to Write Flood Insurance in Maryland TAMPA, Fla., Aug. 17, 2017 (GLOBE NEWSWIRE) — HCI Group, Inc. (NYSE:HCI) announced today that its wholly-owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., has received regulatory approval to write flood insurance in Maryland. Homeowners Choice may begin selling its flood insurance product there once regulators approve rates and policy forms. About HCI Group, Inc.HCI Group, Inc. … Read More
AmTrust Financial Services, Inc. Strengthens Senior Management Team with Appointment of Ariel Gorelik as SVP and Chief Information Officer NEW YORK, Aug. 16, 2017 (GLOBE NEWSWIRE) — AmTrust Financial Services, Inc. (Nasdaq:AFSI) (the “Company” or “AmTrust”) today announced that Ariel Gorelik, an experienced global insurance industry executive and most recently Chief Operating Officer of AmTrust’s AMT Warranty division, has been appointed Senior Vice President and Chief Information Officer (CIO), reporting to Chairman and Chief Executive Officer Barry Zyskind. Mr. … Read More
Greenlight Capital Re, Ltd. Announces Appointment of Michael Belfatti to Newly Created Position of Chief Operating Officer GRAND CAYMAN, Cayman Islands, Aug. 16, 2017 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (NASDAQ:GLRE) (“GLRE” or the “Company”), a specialist property and casualty reinsurance company headquartered in the Cayman Islands, today announced it has hired Michael Belfatti to the newly created position of Chief Operating Officer, effective September 1, 2017. Mr. Belfatti’s responsibilities as COO will include oversight of … Read More
Construction Risk Partners, a JLT Group Company Announces Appointment of Greg Steele as Senior Surety Account Executive BOSTON, Aug. 16, 2017 (GLOBE NEWSWIRE) — JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world’s leading speciality risk advisors and brokers, is pleased to announce the appointment of Greg Steele as Senior Surety Account Executive. This appointment comes after JLT announcing two additional key hires in their Boston Construction Risk … Read More
Admiral Group plc results for the six months ended 30 June 2017 Admiral Group plc results for the six months ended 30 June 201716 August 2017 2017 Interim Results Highlights 30 June 2017 30 June 2016 % change Group’s share of profit before tax*1 £195 million £193 million +1% Group statutory profit before tax £193 million £190 million +2% Earnings per share 57.3 pence 55.9 pence +3% … Read More
Hallmark Expands Professional Liability Offerings to Include Management & Professional Liability Risks FORT WORTH, Texas, Aug. 15, 2017 (GLOBE NEWSWIRE) — Hallmark Financial Services, Inc. (NASDAQ:HALL) is pleased to announce the launch of our Financial Lines Group in Hallmark Pro. This new product offering targets management and professional liability needs for private, public and non-profit entities and is an important part of the continued expansion and diversification of our Professional Liability operating … Read More
Plexus Recognized as 2017 Best Practices Agency DEER PARK, Ill., Aug. 15, 2017 (GLOBE NEWSWIRE) — The Plexus Groupe (Plexus), an insurance brokerage and risk management consultancy with a national presence and an international reach, has again been certified as a Best Practices Agency by the Independent Insurance Agents & Brokers of America, Inc. (IIABA) and Reagan Consulting, Inc. The Best Practices designation honors insurance agencies for … Read More
Navigators Hires Jim Rhyner to Run Navigators Pro STAMFORD, Conn., Aug. 15, 2017 (GLOBE NEWSWIRE) — The Navigators Group, Inc. (NASDAQ:NAVG) announced today that James L. Rhyner has been appointed President of the Navigators Pro division of Navigators Management Company, the company’s U.S. underwriting operation. In this role, Mr. Rhyner will lead Navigators’ U.S. directors and officers (D&O) and errors and omissions (E&O) businesses. This appointment reflects Navigators’ … Read More
Brown & Brown, Inc. Announces Entry Into Accelerated Share Repurchase Program DAYTONA BEACH, Fla., Aug. 15, 2017 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) (the “Company”) today announced that it has entered into an accelerated share repurchase program (ASR) with JPMorgan Chase Bank, National Association, for up to $50 million of the Company’s common stock. The ASR is part of the Company’s board-approved $400 million share repurchase authorization announced on … Read More
TOPDANMARK HALF-YEAR REPORT FOR 2017 15 August 2017 Announcement No. 22/2017 Key features H1 2017 Post-tax profit of DKK 889m (H1 2016: DKK 586m) EPS: DKK 10.4 (H1 2016: DKK 6.3) Combined ratio: 81.8 (H1 2016: 86.2) Combined ratio excluding run-off profits: 85.3 (H1 2016: 90.3) Premiums increased 1.2% in non-life insurance and declined 0.4% in life insurance Profit on life insurance: DKK 128m (H1 … Read More
Syncora Holdings Ltd. Announces Interim GAAP Consolidated Financial Results for the Six Months Ended June 30, 2017 HAMILTON, Bermuda, Aug. 14, 2017 (GLOBE NEWSWIRE) — Syncora Holdings Ltd. (“SHL” or the “Company”), a Bermuda holding company whose subsidiaries primarily provide financial guarantee insurance and reinsurance, today reported financial results for the six months ended June 30, 2017. Syncora Holdings Ltd. Summary Results of Consolidated Operations Six Months Ended June 30, 2017 and 2016 (U.S. dollars in millions, … Read More
Construction Risk Partners, a JLT Group Company Announces Appointment of Tyler Oakes as Senior Account Executive BOSTON, Aug. 14, 2017 (GLOBE NEWSWIRE) — JLT Specialty USA, a U.S. subsidiary of Jardine Lloyd Thompson Group plc. (JLT), one of the world’s leading speciality risk advisors and brokers, is pleased to announce the appointment of Tyler Oakes as Senior Account Executive. The appointment comes after the recent announcement of another key hire joining the CRP team last week. … Read More
Brown & Brown, Inc. Announces the Asset Acquisition of Shenkel Insurance Agency, Inc. DAYTONA BEACH, Fla., Aug. 14, 2017 (GLOBE NEWSWIRE) — Scott Penny, Chief Acquisitions Officer of Brown & Brown, Inc. (NYSE:BRO), and Steven M. Shenkel, sole principal of Shenkel Insurance Agency, Inc. (“Shenkel Insurance”), today announced that Brown & Brown of Massachusetts, LLC, a subsidiary of Brown & Brown, Inc., has acquired substantially all of the assets of Shenkel Insurance. Founded … Read More
NI Holdings, Inc. Files Second Quarter 2017 Results FARGO, N.D., Aug. 11, 2017 (GLOBE NEWSWIRE) — NI Holdings, Inc. (NASDAQ:NODK) today reported its financial results for the second quarter ended June 30, 2017. Significant items included: Net income attributable to NI Holdings of $0.1 million for second quarter 2017 compared to a loss of $1.8 million for second quarter 2016. Net premiums earned of $45.7 million, an increase … Read More
CORRECTION — Navigators to Present at the 2017 Keefe, Bruyette & Woods Insurance Conference STAMFORD, Conn., Aug. 11, 2017 (GLOBE NEWSWIRE) — Please note that in the release issued earlier today by The Navigators Group, Inc. (NASDAQ:NAVG), the first paragraph contained incorrect information. The entire corrected release follows: The Navigators Group, Inc. (NASDAQ:NAVG) announced today that Ciro M. DeFalco, Executive Vice President and Chief Financial Officer, and Vincent C. Tizzio, President, U.S. Insurance, will present at … Read More
