To determine the list, Forbes and Statista surveyed more than 300,000 employees in over 50 countries who work for multinational corporations that have more than 1,000 employees and operate in at least two of the six continental regions of the world. HORSHAM, Pa., Oct. 14, 2024 (GLOBE NEWSWIRE) -- Grupo Bimbo, the world's leading bakery company, has been recognized for the first time as one of the "World's Best Employers 2024." The global edition of Forbes magazine and the research company Statista compiled ...

VANCOUVER, British Columbia, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") has been named to the Forbes list of the World's Best Employers 2024, an employee-driven ranking of multinational companies and institutions from over 50 countries around the world. "As we produce the metals that matter for the energy transition, a core part of our success is our diverse team of skilled, dedicated and passionate people," said Jonathan Price, President and CEO. ...

Core Viewpoint - Employers Holdings, Inc. announces the appointment of Michael Pedraja as Executive Vice President and Chief Financial Officer, effective February 3, 2025, succeeding Michael Paquette who will retire in March 2025 [1][2]. Company Overview - Employers Holdings, Inc. is a leading provider of workers' compensation insurance, focusing on small and mid-sized businesses in low-to-medium hazard industries [6][8]. - The company operates throughout the United States, offering insurance through various subsidiaries, all rated A- (Excellent) by A.M. Best [8]. Leadership Transition - Michael Pedraja brings over 30 years of experience in corporate financial services, having held various roles in the insurance sector [2][5]. - Pedraja's previous position was Group Chief Financial Officer for Ariel Re Services, and he has also worked at The Allstate Corporation and major investment banks [5]. Strategic Goals - Pedraja is expected to drive the company's strategic goals, optimize financial operations, and contribute to the company's transformation [3][4]. - The leadership team aims to solidify Employers as America's small business insurance specialist while focusing on profitable growth and shareholder value [6].

HENDERSON, Nev., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Employers Holdings, Inc. (the "Company") (NYSE:EIG) today announced that it will release its third quarter 2024 financial results after market close on Wednesday, October 30, 2024, after which these materials will be available on the Company's website at www.employers.com through the "Investors" link. Conference Call Details The Company will then review these financial results via a conference call and webcast on Thursday, October 31, 2024, at 11:00 a.m. ED ...

DRAPER, Utah, Sept. 26, 2024 (GLOBE NEWSWIRE) -- HealthEquity, Inc. (Nasdaq: HQY) ("HealthEquity") today released research findings on how Health Savings Account (HSA) contribution strategies influence how employees participate in their HSA benefits. The qualitative and quantitative analysis included a sample of nearly 2,000 HealthEquity clients and more than 2 million HSA members. The analysis provides insight for employers who want to create impactful HSA benefit strategies that support their employees' f ...

Core Insights - Simmons Bank has been recognized in Forbes America's Best-In-State Employers 2024 for Missouri, highlighting its commitment to employee satisfaction and engagement [1][2] - The award is based on an independent survey of over 160,000 employees from companies with at least 500 employees, emphasizing the importance of employee feedback in the evaluation process [1][2] - Simmons Bank has received multiple accolades from Forbes in recent years, indicating a consistent performance in employee satisfaction and service quality [3] Company Overview - Simmons Bank is a wholly owned subsidiary of Simmons First National Corporation, which has a long history of paying cash dividends for 115 consecutive years [5] - The bank operates 234 branches across six states: Arkansas, Kansas, Missouri, Oklahoma, Tennessee, and Texas, and offers a range of financial solutions with a client-centric approach [5] - In addition to the recent recognition, Simmons Bank was also named one of the Best Companies to Work For in the South by U.S. News & World Report for 2024-2025 [5]

Core Viewpoint - Employers Holdings, Inc. (EIG) reported better-than-expected second-quarter 2024 earnings, but shares declined 5.8% post-results due to increased overall expenses offsetting positive growth in premiums and investment yields [1] Financial Performance - Adjusted earnings per share (EPS) for Q2 were $1.10, exceeding the Zacks Consensus Estimate by 1.9%, but down 6% year over year [2] - Total revenues increased by 0.8% year over year to $217 million, missing the consensus estimate by 3% [2] - Gross premiums written rose 5% year over year to $207.9 million, driven by new business growth and higher renewal rates, while net premiums written also increased by 5% to $206.1 million [3] - Net premiums earned were $187.8 million, a 6% year-over-year improvement, but fell short of the Zacks Consensus Estimate by 4.6% [3] - Net investment income grew 0.4% year over year to $26.9 million, aided by higher yields on fixed-maturity securities, though it slightly missed the consensus mark by 0.1% [4] Expense and Profitability Metrics - Total expenses increased by 3.3% year over year to $177 million, with losses and loss adjustment expenses rising 20% due to higher earned premiums [5] - Pre-tax income for the quarter was $40 million, down 8.7% year over year [5] - The combined ratio increased by 380 basis points year over year to 94.2%, but was better than the Zacks Consensus Estimate of 95.5% [6] Balance Sheet and Capital Management - As of June 30, 2024, EIG had investments, cash, and cash equivalents totaling $2.47 billion, a slight decrease from $2.5 billion at the end of 2023 [7] - Total assets remained flat at $3.6 billion, while total stockholders' equity improved to $1.02 billion from $1.01 billion at the end of 2023 [7] - The adjusted book value per share rose to $48.89 from $45.41 a year ago [7] - EIG repurchased shares worth $19.2 million in Q2 and announced a quarterly dividend of 30 cents for Q3, payable on August 28, 2024 [8]

BOSTON, Aug. 12, 2024 /PRNewswire/ -- Dyad, a leading insurance software and services provider, announced today that EMPLOYERS, a specialty provider of workers' compensation insurance and services, is now connected with Dyad's ACE-HUB via API. Dyad's current customers will access EMPLOYERS' Workers' Compensation products via ACE-HUB immediately and the product will be available for others as needed. Dyad's ACE-HUB is a proprietary, cloud-based single connection point for multi-carrier data exchange that con ...

Sector-based focus is critical in dividend investing, through which an investor can build a secure financial future from sectors most known for their stability and growth potential. This article reviews seven top dividend stocks that portray excellent yield opportunities with solid market positions across the industrial, real estate, consumer discretionary, consumer staples and financial sectors. Historical performance and resilience are present in these sectors. There is a mix of cyclical and non-cyclical ...

Financial Data and Key Metrics Changes - The adjusted net income per share for Q2 2024 was $1.10, marking the highest quarterly result in the last 10 years [4] - Gross written premiums increased by 10% for the quarter, with all major distribution channels contributing to the growth [5] - The combined ratio was 95.4%, excluding the LPT, and the current accident year combined ratio was 100.2%, the lowest since Q4 2018 [5][6] - Net investment income was $27 million for the quarter, a slight increase year-over-year, primarily due to higher yields on fixed maturity investments [7][8] - The book value per share increased by 14% to $44.91, and the adjusted book value per share increased by more than 10% to $48.89 [10] Business Line Data and Key Metrics Changes - New business premiums increased by 9%, and renewal business premiums increased by 10%, partially offset by lower final audit premium recognition [4] - Endorsement premiums were strong, with $13 million recognized, and $3 million in noncompliant premium [18] - Approximately $41 million of premium this quarter came from appetite expansion efforts, performing at a favorable loss ratio [18] Market Data and Key Metrics Changes - The annual change in employment and hourly wages for leisure and hospitality was 6% as of June, down from 10.5% a year ago, impacting audit pick-ups [15][17] - Audit pick-ups decreased to $4.9 million this quarter from $7.7 million in Q2 2023, contributing to a decrease in audit accrual [17] Company Strategy and Development Direction - The company is focused on maintaining strong growth in written premiums and managing expenses effectively through integration plans [6][10] - The company intends to continue expanding into new classes as the environment remains favorable [30] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the effectiveness of medical cost containment measures in controlling medical inflation [14] - The competitive environment remains stable, with average rate decreases of 3% to 4% year-over-year in the renewal book [22] - Management noted that the decrease in audit pick-ups was not surprising given the underlying economic conditions [17] Other Important Information - The company repurchased $19 million of common stock at an average price of $41.53 per share during the quarter [9] - A regular quarterly dividend of $0.30 per share was declared, payable on August 28 [9] Q&A Session Summary Question: Does the workers' comp reimbursement in California follow Medicare fee schedules? - Yes, California medical fee schedules are tied to Medicare, with some adjustments [12] Question: Is the risk of future medical inflation limited due to fee schedules? - The industry has implemented successful medical cost containment measures, which help control medical costs [14] Question: What is the outlook for top line growth considering audit premiums? - The company is pleased with top line growth, although audit pick-ups have slowed, impacting overall growth [15][17] Question: What is the right run rate for expenses? - Expenses can vary based on several factors, but the current expense level is not considered unusual [19][20] Question: How is the competition in the workers' comp sector? - The competitive environment remains stable, with average rate decreases observed in the renewal book [22] Question: How does the ADP book perform compared to the non-ADP book? - The ADP book continues to perform favorably, with no significant changes noted [28]