Welcome to our dedicated page for Genworth Finl news (Ticker: GNW), a resource for investors and traders seeking the latest updates and insights on Genworth Finl stock.
Genworth Financial, Inc. reports developments across an insurance holding company built around Enact, its publicly traded mortgage insurance subsidiary, and a Closed Block of long-term care insurance, life insurance and annuity products. Recurring updates cover quarterly results, investment gains and losses, reserve impacts, capital returns from Enact, share repurchases and the management of legacy insurance obligations.
Company news also follows CareScout, Genworth’s wholly owned platform for aging and long-term care navigation. CareScout updates include its Quality Network of home care providers, personalized Care Plans, long-term care insurance offerings and the completed Seniorly acquisition, which added senior living community resources and advisor-network capabilities.
CareScout has announced a partnership with Dr. Judy Benjamin, an 80-year-old National Board-Certified Health and Wellness Coach, who will embark on a 3,000+ mile walk across America. The journey, starting April 5 from San Diego to St. Augustine, aims to promote healthy aging awareness.
Dr. Benjamin, who was diagnosed with early-stage Alzheimer's at 67, transformed her health through lifestyle changes and became a certified wellness coach and yoga therapist. The five-month journey will follow the Adventure Cycling Association Southern Tier route.
A film crew will document the journey for an upcoming documentary highlighting active aging and long-term care planning. CareScout's CEO Samir Shah expressed support for the initiative, which aligns with the company's mission of empowering families with aging-related planning resources.
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.
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.
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 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 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 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.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care services costs in New Hampshire have increased year-over-year, surpassing national averages. The survey indicates a continued upward trend in long-term care costs across various care types nationwide, 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 costs, state-by-state comparisons, and access to the CareScout Quality Network of long-term care providers.
The platform also offers comprehensive resources including aging care planning guides, payment information for long-term care services, and insights on person-centered care approaches.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Tennessee have increased year-over-year, while remaining consistent with 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 region, 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 into person-centered care approaches.
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.