Welcome to our dedicated page for Old Republic news (Ticker: ORI), a resource for investors and traders seeking the latest updates and insights on Old Republic stock.
Old Republic International Corporation reports developments across its specialty insurance, property and casualty, and title insurance operations. The company’s updates commonly cover underwriting results, net investment income, combined ratio trends, loss reserve development, book value, dividends, share repurchases, and rating-agency actions affecting its insurance subsidiaries.
Old Republic also announces operating-company actions within its decentralized insurance group, including brand changes, the Lodestar Claims & Risk Services third-party administrator business, specialized property insurance expansion, and leadership changes at units such as BITCO Insurance Companies and Old Republic Professional. Its business serves commercial clients and other partners in the United States and Canada through specialized underwriting, claims administration, risk services, and title insurance capabilities.
Old Republic International Corporation (NYSE: ORI) will hold a conference call on January 28 at 3:00 p.m. Eastern time to discuss its fourth quarter and full year 2020 results. The call can be accessed live via the company website or by phone. A replay will be available until February 26, 2021. Old Republic is among the top 50 largest shareholder-owned insurance firms in the U.S., focusing on general and title insurance. It has been recognized for over 25 years of annual dividend growth, ranking 58th among Mergent's Dividend Achievers.
On December 18, 2020, Old Republic International Corporation (NYSE: ORI) announced a special cash dividend of $1.00 per share, set for payment on January 15, 2021. Shareholders must be on record by January 5, 2021 to qualify. This decision reflects the Board of Directors' assessment of the company's financial health and aims to enhance shareholder value. The details are further explained in a letter to shareholders available on the company’s website.
On January 5, 2021, Old Republic International Corporation (NYSE: ORI) announced the integration of Old Republic Contractors Insurance Group (ORCIG) into BITCO Corporation. Consequently, ORCIG will be renamed BITCO Construction Group, streamlining operations under Vince Lamb, CEO of BITCO. Craig Smiddy, Old Republic's President, highlighted that this merger creates opportunities for agents, brokers, and customers, enhancing their capabilities in the U.S. construction insurance market. The unification aims to deliver comprehensive solutions across various construction account sizes.
On December 18, 2020, Old Republic International Corporation (NYSE: ORI) declared a special cash dividend of $1.00 per share, payable on January 15, 2021. Shareholders of record by January 5, 2021 will receive this one-time payment. The decision reflects the company's strong capital position and commitment to returning value to its shareholders, having paid nearly $2 billion in dividends over the past five years. Old Republic maintains a robust financial standing, with a 52% increase in shareholders' equity during this period.
Old Republic International Corporation (NYSE: ORI) has declared a quarterly cash dividend of 21 cents per share, payable on December 15, 2020, to shareholders of record as of December 4, 2020. This marks the 39th consecutive year of dividend increases, contributing to a total of 79 years of uninterrupted cash dividend payments. Old Republic is among the top 50 largest shareholder-owned insurance businesses in the U.S., emphasizing its long-term commitment to dividend growth.
Old Republic International Corporation (NYSE: ORI) reported Q3 2020 results, showcasing a pretax income of $306.9 million, a 36.1% increase year-over-year. The net income reached $246 million, up 38.9% from Q3 2019. Net premiums and fees earned rose by 6.6%, totaling $1.66 billion. The Title Insurance segment surged by 17.1%, while the General Insurance segment saw a slight decline in premiums. The overall combined ratio improved to 92.0%. Shareholders' equity was $6.07 billion, reflecting a 1.2% increase. The ongoing COVID-19 pandemic continues to impact the economy and premium revenues.
Old Republic International Corporation (NYSE: ORI) will hold a conference call on October 22, 2020, at 3:00 p.m. Eastern time to discuss its third-quarter and year-to-date results. Investors can access the call live on the company's website or via phone at 1-877-222-5695. A replay will be available until October 29, 2020, through 1-844-512-2921 and on its website until November 21, 2020. Old Republic is one of the top 50 largest shareholder-owned insurance businesses in the U.S., known for its strong dividend growth.
The Board of Directors of Old Republic International Corporation (NYSE: ORI) has declared a quarterly cash dividend of 21 cents per share, payable on September 15, 2020, to shareholders of record by September 4, 2020. This represents an increase from 80 cents in 2019 to a projected 84 cents for the year. The dividend boost marks the 39th consecutive year of increases, reflecting the company’s commitment to long-term value. Old Republic ranks among the top 50 shareholder-owned insurance businesses in the U.S.