Welcome to our dedicated page for Employers Hldgs news (Ticker: EIG), a resource for investors and traders seeking the latest updates and insights on Employers Hldgs stock.
Employers Holdings, Inc. (NYSE: EIG) maintains its position as a leading provider of workers' compensation insurance solutions for small businesses nationwide. This comprehensive news hub delivers official updates and analysis on corporate developments, financial performance, and industry leadership.
Investors and industry professionals will find curated press releases covering quarterly earnings, regulatory updates, and strategic initiatives like the Cerity subsidiary's digital insurance innovations. Track operational milestones including state expansions, partnership announcements, and technology-driven service enhancements.
All content undergoes strict verification to ensure accuracy and relevance for stakeholders. The repository serves as an essential resource for understanding EIG's market position, risk management practices, and commitment to serving low-to-medium hazard industries.
Bookmark this page for direct access to primary source materials from Employers Holdings' corporate communications team. Regular updates provide insights into the evolving workers' compensation landscape and the company's role in shaping small business insurance solutions.
Employers Holdings (NYSE:EIG) reported mixed Q1 2025 financial results, with net income per diluted share declining 53% to $0.52, while adjusted net income per share rose 30% to $0.87. The company achieved record policies in-force of 133,121, up 4% year-over-year, despite flat net premiums earned at $183.0 million. Gross premiums written increased marginally by 1% to $212.1 million.
Notable improvements include a 20% increase in net investment income to $32.1 million and an enhanced underwriting expense ratio of 23.4%, down from 25.0%. The Board approved a 7% increase in quarterly dividend to $0.32 per share and authorized a new $125 million share repurchase program through December 2026.
Employers Holdings, Inc. (NYSE:EIG) has announced its schedule for first quarter 2025 financial results release and conference call. The company will release its Q1 2025 results after market close on Thursday, May 1, 2025, with materials available on their website www.employers.com.
A conference call and webcast review will follow on Friday, May 2, 2025, at 11:00 a.m. EDT / 8:00 a.m. PDT. Participants must pre-register to receive dial-in numbers and a unique PIN.
EMPLOYERS specializes in workers' compensation insurance for small and mid-sized businesses in low-to-medium hazard industries. The company offers comprehensive coverage solutions through multiple subsidiaries, including their digital-first platform Cerity®. All insurance companies under EMPLOYERS maintain an A (Excellent) rating from A.M. Best and operate nationwide, except in four states served by state funds.
Employers Holdings, Inc. (NYSE: EIG) has announced the appointment of Marvin Pestcoe to its Board of Directors, effective March 3, 2025. Pestcoe brings over 40 years of experience in insurance, reinsurance, and investments to the role.
Pestcoe previously served as Executive Chair and CEO of Langhorne Re from January 2019 to April 2021, and held various executive positions at Partner Re (2001-2017) and Swiss Re New Markets (1997-2001). He is a Fellow of the Casualty Actuarial Society and currently serves on the boards of Hamilton Insurance Group and Catalina Holdings.
EMPLOYERS is a specialty provider of workers' compensation insurance focused on small and mid-sized businesses in low-to-medium hazard industries. The company operates nationwide except in four states served by state funds, and offers digital-first solutions through its Cerity® platform.
Employers Holdings (NYSE:EIG) reported strong financial results for Q4 and full-year 2024. The company achieved record levels in written and earned premium, with full-year net income of $118.6 million ($4.71 per diluted share) and adjusted net income of $94.0 million ($3.73 per diluted share).
Key 2024 highlights include:
- Gross premiums written: $776.3 million
- Net investment income: $107.0 million
- Record number of policies in-force: 130,767
- Returned $71.7 million to stockholders through share repurchases and dividends
The company maintained strong financial performance with a GAAP combined ratio of 97.9% for the full year. CEO Katherine Antonello noted their success in achieving solid growth in new and renewal premium, though offset by lower final audit premiums. The company's AM Best Financial Strength Rating was upgraded to 'A' (Excellent), and they declared a Q1 2025 dividend of $0.30 per share.
Employers Holdings (NYSE:EIG) has announced its schedule for the release of fourth quarter and full-year 2024 financial results. The company will publish these results after market close on Thursday, February 20, 2025, followed by a conference call and webcast on Friday, February 21, 2025, at 11:00 a.m. EST / 8:00 a.m. PST.
The company, a specialty provider of workers' compensation insurance, focuses on small and mid-sized businesses in low-to-medium hazard industries. EMPLOYERS operates nationwide except in four states served by state funds, offering services through multiple subsidiaries including Employers Insurance Company of Nevada and Cerity Insurance Company, all rated A (Excellent) by A.M. Best.
EMPLOYERS provides comprehensive coverage solutions through traditional channels and Cerity®, their digital-first, direct-to-consumer platform. The company leverages over a century of experience to deliver claims management, loss control, and risk management services.
Employers Holdings (NYSE:EIG) has received significant rating upgrades from AM Best for its insurance subsidiaries. The Financial Strength Rating (FSR) has been upgraded to A (Excellent) from A- (Excellent), and their Long-Term Issuer Credit Ratings to 'a' (Excellent) from 'a-' (Excellent). The parent company's Long-Term ICR was also upgraded to 'bbb' (Good) from 'bbb-' (Good), with all ratings outlook revised to stable from positive.
The upgrades reflect EIG's strongest balance sheet strength, strong operating performance, and appropriate enterprise risk management. AM Best highlighted the company's consistent underwriting profitability and improved margins, resulting from its strategy focusing on adequate pricing, risk selection, claims handling, and conservative investing.
As a specialized workers' compensation insurance provider, EMPLOYERS serves small and mid-sized businesses in low-to-medium hazard industries across the United States, offering comprehensive coverage solutions including their digital-first platform, Cerity®.
Employers Holdings (NYSE:EIG) reported strong Q3 2024 financial results with notable increases in net income per diluted share, rising 124% to $1.21. The company achieved record policies in-force of 129,879, up 3% year-over-year, despite an 8% decrease in gross premiums written to $181.2 million.
Key highlights include a 1% increase in net premiums earned to $186.6 million, a 3% rise in net investment income to $26.6 million, and an improved underwriting and general administrative expense ratio of 23.2%. The company maintained a GAAP combined ratio of 100.4% and declared a quarterly dividend of $0.30 per share.
The company's book value per share including deferred gain increased 24% year-over-year to $47.99, reflecting strong operating results and effective portfolio management.
Employers Holdings, Inc. (NYSE: EIG), a leading workers' compensation insurance provider, has announced the appointment of Michael Pedraja as its new Executive Vice President and Chief Financial Officer. Pedraja will join the company on February 3, 2025, and fully assume the CFO role around March 31, 2025, succeeding the retiring Michael Paquette.
With over 30 years of experience in corporate financial services and insurance-related roles, Pedraja most recently served as Group CFO for Ariel Re Services. His career includes positions at The Allstate , Aon Securities, Barclays, and Credit Suisse. CEO Katherine Antonello expressed confidence in Pedraja's ability to drive strategic goals and optimize financial operations.
Pedraja will lead the financial and investor relations functions, contributing to EMPLOYERS' position as America's small business insurance specialist. The company, operating through various subsidiaries, focuses on providing workers' compensation insurance to small and mid-sized businesses in low-to-medium hazard industries across the United States.
Employers Holdings, Inc. (NYSE:EIG) has announced the schedule for its third quarter 2024 financial results release and conference call. The company will release its financial results after market close on Wednesday, October 30, 2024. These materials will be available on the company's website at www.employers.com through the 'Investors' link.
A conference call and webcast to review the financial results will be held on Thursday, October 31, 2024, at 11:00 a.m. EDT / 8:00 a.m. PDT. To participate in the live conference call, registration is required. The webcast will be accessible on the company's website, and an archived version will be available following the live call.
Employers Holdings, Inc. is a holding company specializing in workers' compensation insurance for small and select businesses in low-to-medium hazard industries across the United States.
Dyad, a leading insurance software provider, has announced that EMPLOYERS, a specialty workers' compensation insurer, is now connected to Dyad's ACE-HUB via API. This integration allows Dyad's customers immediate access to EMPLOYERS' Workers' Compensation products through the ACE-HUB platform.
ACE-HUB is Dyad's proprietary, cloud-based solution that serves as a single connection point for multi-carrier data exchange, linking carrier markets to distribution channels via API. The platform supports quoting, binding, issuance, and downloads, with over 40 markets currently connected.
Both companies expressed satisfaction with the successful integration, highlighting the project's efficiency and the expanded access to Workers' Compensation products for Dyad's customers.
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