Welcome to our dedicated page for Enact Holdings news (Ticker: ACT), a resource for investors and traders seeking the latest updates and insights on Enact Holdings stock.
Enact Holdings, Inc. operates as a U.S. private mortgage insurance provider serving the housing finance market through Enact Mortgage Insurance Corporation. Company news centers on mortgage insurance earnings, primary insurance in force, credit performance, PMIERs capital sufficiency, book value measures, and the operating environment for residential mortgage lending.
Recurring updates also cover capital management, including quarterly dividends, share repurchase authorizations, and capital returns. Enact's disclosures describe its work with mortgage lenders and loan originators, its underwriting and risk-management role in residential mortgage guaranty insurance, and its position as a publicly traded subsidiary of Genworth Financial.
Genworth (NYSE: GNW) has appointed Morris Taylor as Senior Vice President and Chief Information Officer (CIO), effective April 7, 2025. Taylor will report directly to President and CEO Tom McInerney and will be responsible for implementing a comprehensive technology strategy aligned with Genworth and CareScout's growth objectives.
In his role, Taylor will focus on accelerating digital innovation and ensuring technology alignment across Genworth's U.S. Life Insurance, CareScout Services, and CareScout Insurance businesses. He joins from Markel, where he served as CIO since 2021, and previously spent 25 years at Capital One, leading major acquisition/integration projects and establishing strategic investment roadmaps.
Enact Holdings (Nasdaq: ACT) has released its 2024 Sustainability Report, highlighting the company's progress in key sustainability initiatives during calendar year 2024. The report showcases new insights into Enact's sustainability approach, including spotlights on their third party risk management program, professional development initiatives, and Hurricane Helene relief response.
President and CEO Rohit Gupta emphasized the company's commitment to building stronger communities through homeownership, philanthropy, and volunteerism. The report demonstrates Enact's focus areas and progress in delivering value to all stakeholders, acknowledging that continued growth and profitability are partially dependent on sustainability efforts.
The comprehensive report is accessible through Enact's Investor Relations website at ir.enactmi.com/sustainability.
Genworth Financial (NYSE: GNW) has announced the appointment of Steven C. Van Wyk to its Board of Directors as an independent director, effective immediately. Van Wyk, the former Group Chief Information Officer of HSBC Bank PLC, brings extensive technology and business transformation expertise to the board, which now comprises 10 members.
Van Wyk will stand for election with other Directors at Genworth's 2025 Annual Meeting of Stockholders on May 22, 2025. His background includes CIO positions at major financial institutions including HSBC, PNC Bank, ING Bank, ING Insurance, and Morgan Stanley, along with experience in finance, audit, and consulting roles.
The appointment aligns with Genworth's focus on implementing new AI and digital technologies while enhancing customer service. Board Chair Melina Higgins highlighted Van Wyk's potential contribution to shareholder value, while CEO Tom McInerney emphasized his technical expertise's importance in helping families navigate aging-related challenges.
Enact Holdings (Nasdaq: ACT) has announced key changes to its Board of Directors. H. Elizabeth (Liz) Mitchell has been appointed as an Independent Director and Audit Committee member, effective March 11, 2025. Mitchell brings extensive financial and industry experience, currently serving as an independent director at Selective Insurance Group and Principal Financial Group. She previously served as CEO of Renaissance U.S. Inc. until 2016.
Additionally, Anne G. Waleski will not seek re-election at the 2025 Annual Shareholder Meeting on May 14, 2025. She will continue serving as Audit Committee Chairperson and member of the Nominating & Corporate Governance Committee until then. The board will temporarily increase from eleven to twelve directors until the shareholder meeting.
Genworth and CareScout have released their 2024 Cost of Care Survey revealing that long-term care costs in Nevada have increased year-over-year, surpassing national averages. The survey highlights a continued upward trend in long-term care expenses across various care types nationally, with most increases outpacing inflation rates.
The primary factors driving these cost increases are identified as inflation and labor costs. The survey data and resources are now accessible at CareScout.com/cost-of-care, featuring interactive tools to calculate median long-term care costs by area, state-level data comparisons, and access to CareScout's Quality Network of care providers.
Genworth and CareScout have released their 2024 Cost of Care Survey revealing that long-term care costs in Kansas have increased year-over-year, while remaining comparable to national averages. The survey indicates a continued upward trend in long-term care costs across various care types nationally, with most increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now available on CareScout.com, offering interactive tools to calculate median long-term care costs by region, state-level data comparisons, and access to CareScout's Quality Network of care providers.
The platform also provides comprehensive resources for aging care planning, including guides on paying for long-term care services and information about person-centered care approaches.
Long-term care costs in Wisconsin have shown a significant increase, surpassing national averages according to the 2024 Cost of Care Survey by Genworth and CareScout. The survey reveals that costs across various care types continue to rise, with increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. To help families navigate these rising expenses, CareScout has launched a comprehensive resource platform at www.CareScout.com/cost-of-care, featuring interactive tools, state-by-state cost comparisons, and a quality network of care providers.
The platform includes resources such as a Cost of Care Survey tool for calculating median costs in specific areas, national and state median data tables, and guides for aging care planning. Additionally, it provides information about long-term care payment options and insights into person-centered care approaches.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Kentucky have increased year-over-year, while remaining comparable to national averages. The survey indicates a continued upward trend in long-term care expenses across various care types nationally, with most increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now available on CareScout.com/cost-of-care, featuring interactive tools to calculate median long-term care costs by area, state-level data comparisons, and access to CareScout's Quality Network of care providers.
The platform also offers comprehensive resources including aging care planning guides, information on funding long-term care services, and insights on person-centered care approaches.
Genworth and CareScout have released their 2024 Cost of Care Survey revealing that long-term care costs in Connecticut have increased year-over-year, surpassing national averages. The survey indicates a continued upward trend in long-term care costs across various care types nationally, with most increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey data and tools are now hosted on CareScout.com/cost-of-care, offering interactive features to calculate median costs of long-term care services by area, along with national and state-level comparisons.
CareScout, a Genworth company with over 50 years of expertise in long-term care, provides additional resources including a Quality Network of care providers, aging care planning guides, and information about financing long-term care services.
Genworth and CareScout have released their 2024 Cost of Care Survey for North Dakota, revealing that long-term care service costs have increased year-over-year while remaining comparable to national averages. The survey indicates that cost increases for most care types continue to outpace inflation rates, primarily driven by inflation and labor costs.
The survey results are now accessible at CareScout.com/cost-of-care, featuring interactive tools to calculate median long-term care costs by area, state-level data comparisons, and resources for aging care planning. The platform also introduces the CareScout Quality Network, a network of long-term care providers meeting high standards for quality, person-centered care.