Welcome to our dedicated page for ICC Holdings news (Ticker: $ICCH), a resource for investors and traders seeking the latest updates and insights on ICC Holdings stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ICC Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ICC Holdings's position in the market.
ICC Holdings, Inc. reported its 2024 first quarter results, showing net earnings of $2,239,000, or $0.76 per share, a 14.0% increase in direct premiums written, and a 13.6% increase in net premiums earned. The Company ceded $3,370,000 to reinsurers, with net investment income up by 19.1%. Additionally, net unrealized gains on investments increased by $635,000, while losses and settlement expenses rose by 11.7%. Policy acquisition costs and other operating expenses increased by 20.7%, with total assets and equity also seeing positive growth.
