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Old Republic International Corporation (ORI) Stock News, Aug 17, 2020

ORI NYSE

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.

Rhea-AI Summary

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.

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FAQ

What is the current stock price of Old Republic International (ORI)?

Old Republic International (ORI) last closed at $38.1.

What is the market cap of Old Republic International (ORI)?

The market cap of Old Republic International (ORI) is approximately $9.2B.