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Lowey Dannenberg Notifies SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $50,000 in Losses to Contact the Firm
GlobeNewswire News Room· 2025-08-26 15:27
NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against SelectQuote, Inc. (“SelectQuote” or the “Company”) (NYSE: SLQT) for violations of the federal securities laws on behalf of investors who purchased or acquired SelectQuote securities between September 9, 2020 and May 1, 2025, inclusive (the “Class Period”). On August 11, 2025, a complaint was filed against the Compan ...
Why Allstate (ALL) is a Top Growth Stock for the Long-Term
ZACKS· 2025-08-26 14:46
Company Overview - The Allstate Corporation is the third-largest property-casualty insurer and the largest publicly-held personal lines carrier in the U.S. [12] - The company provides a range of life insurance and investment products to approximately 16 million households through over 12,000 exclusive agencies and financial specialists in the U.S. and Canada [12]. Investment Potential - Allstate has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating solid performance potential [13]. - The company is forecasted to have year-over-year earnings growth of 14.3% for the current fiscal year, supported by upward revisions from 10 analysts in the last 60 days [13]. - The Zacks Consensus Estimate for Allstate's earnings has increased by $2.73 to $20.93 per share [13]. - Allstate boasts an average earnings surprise of +57.7%, suggesting strong performance relative to expectations [13]. Recommendation - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Allstate is recommended for investors' consideration [14].
Prudential Financial: Attractive Valuation After Recent Underperformance
Seeking Alpha· 2025-08-26 14:19
While reported earnings so far in 2025 have been impacted by mark-to-market losses, on an adjusted basis, the company is seeingI ventured into investing in high school in 2011, mainly in REITs, preferred stocks, and high-yield bonds, starting a fascination with markets and the economy that has not faded despite the years. More recently I have been combining long stock positions with covered calls and cash secured puts. I approach investing purely from a fundamental long-term point of view. On Seeking Alpha ...
MagMutual Transforms Operations with Appian
Prnewswire· 2025-08-26 13:00
Core Insights - MagMutual has successfully transformed its operations by utilizing Appian's AI-powered platform, enhancing efficiency and customer experience in the medical malpractice insurance sector [1][2][8] Operational Improvements - The implementation of Appian's platform has significantly reduced policy migration time from three years to one year, allowing for faster acquisitions and minimizing service disruptions [7] - MagMutual built a self-service quoting portal that enables customers to receive quotes instantly, reducing a previously weeks-long process to mere minutes [5][6] Financial Impact - The new digital self-service quoting portal generated over $1 million in new revenue shortly after its launch, demonstrating rapid financial benefits without the need for advertising [4][5] - The insurer estimates that the new processes will lead to a 20% annual revenue growth [5] Technology Integration - Appian's solution replaced three legacy tools and integrated data from Salesforce, Oasis, and MagMutual's internal systems, streamlining workflows and enhancing operational visibility [6] - The use of Appian Process HQ allows for the identification of process bottlenecks and drives continuous improvement through AI [6]
Danish FSA approves the application for an expansion of Alm. Brand A/S’ Partial Internal Model
Globenewswire· 2025-08-26 12:59
Core Insights - The Danish FSA has approved Alm. Brand A/S's application for the use of the Partial Internal Model (PIM) for its total insurance activities, which is expected to reduce the solvency capital requirement by approximately DKK 0.6 billion [1] Group 1: Approval and Impact - The approval of the Partial Internal Model is a significant development for Alm. Brand A/S, as it allows for a more tailored approach to calculating solvency capital requirements [1] - The reduction in solvency capital requirement aligns closely with previous expectations, which anticipated a decrease of about DKK 0.5 billion [1] - The PIM expansion includes insurance activities from Codan, acquired on May 2, 2022, which were previously calculated using the standard formula under Solvency II regulation [1]
Ping An Reports Stable Growth in Operating Profit Attributable to Shareholders of the Parent Company in 1H2025; Life & Health NBV Surges 39.8% YoY Interim Dividend Increases to RMB0.95 Per Share
Prnewswire· 2025-08-26 12:33
Core Viewpoint - Ping An Insurance reported steady growth in its interim results for the first half of 2025, demonstrating resilience and innovation in a challenging economic environment, with a focus on integrated finance and health services [2][4]. Financial Performance - Operating profit attributable to shareholders reached RMB 77,732 million, up 3.7% YoY, while net profit was RMB 68,047 million [4]. - Revenue for the Group was RMB 546,469 million, and equity attributable to shareholders increased by 1.7% to RMB 943,952 million [4]. - An interim dividend of RMB 0.95 per share was declared, reflecting a 2.2% increase YoY [4]. Business Development - The Life and Health insurance segment saw a new business value (NBV) surge of 39.8% YoY, reaching RMB 22,335 million [7]. - The agent channel NBV grew by 17.0% YoY, while the bancassurance channel experienced a remarkable increase of 168.6% YoY [4][7]. - The number of retail customers increased by 4.6% YoY to nearly 247 million, with a retention rate of 94.6% for customers served for five or more years [3][6]. Integrated Finance Strategy - Ping An's integrated finance model achieved balanced growth, with customers entitled to health and senior care services contributing nearly 70% of Ping An Life's NBV [3][6]. - The Group launched innovative products and services, including an "insurance + service" solution and upgraded emergency rescue services [3][8]. Investment Performance - The unannualized comprehensive investment yield for the insurance funds portfolio rose to 3.1%, up 0.3 percentage points YoY [4][11]. - The insurance funds investment portfolio grew by 8.2% from the beginning of the year, exceeding RMB 6.20 trillion [11]. Technological Advancements - Ping An's large AI models were utilized 818 million times across over 650 scenarios, enhancing service efficiency and customer experience [19]. - The Group's databases accumulated 30 trillion bytes of data, supporting advanced AI capabilities for precise service delivery [18]. Social Responsibility and Sustainability - Ping An invested nearly RMB 10.80 trillion to support the real economy, with green investments totaling RMB 144,482 million [20][21]. - The Group's operational carbon emissions decreased by 11% YoY, reflecting its commitment to sustainability [21]. Future Outlook - In the second half of 2025, Ping An aims to continue its dual-pronged strategy of integrated finance and health services, focusing on technological advancements and service differentiation to meet customer needs [22].
X @Bloomberg
Bloomberg· 2025-08-26 10:26
Ping An Insurance's profit fell 8.8% in the first half as investment returns were dented by stock market volatility and lower interest rates during China’s economic slowdown https://t.co/BmiGuNR4w7 ...
民生人寿5.5万保费"翻倍承诺"竟成空,投保人签名还被伪造?
Qi Lu Wan Bao· 2025-08-26 09:29
维权过程中,张先生发现更多疑点:保险合同上的签名并非他本人和妻子的笔迹,当初办理业务的姜某也未在合同上留名,取而代之的 是两名陌生业务员"田某"和"姜某杰"。更令他震惊的是,保险公司声称留有"电话回访录音"证明其知情合同内容,但拒绝提供原件。 在保险公司播放录音时,张先生暗中录下片段,并坚称:"回访电话根本不是我自己接的!"他怀疑,录音可能系伪造或由他人代答,但 保险公司以"公司秘密"为由拒绝向他提供原始录音。 保险合同上的签名并非张先生的笔迹。 2009年6月,张先生经同村朋友介绍,认识了保险业务员姜某。在姜某的推荐下,他与妻子分别在当地邮储银行办理了存折,用于每年扣 缴保费,两人年缴费约5500元,连续缴纳十年。"业务员当时明确说,缴满十年后再等五年,就能拿到两倍保费。"张先生告诉记者,"我 们信任熟人介绍,根本没看合同。" 由于文化程度有限(仅小学四年级),张先生收到合同后并未翻阅,直接存放家中。这些年,他累计缴纳保费约5.5万元,直到今年到期 打算"取钱",才发现合同期限实为20年,且现金价值远低于预期。"这些钱如果存银行定期,十五年利息至少两三万!要不是承诺高收 益,我们怎么可能买?"张先生懊悔地说 ...
中国人寿财险山东省德州市中心支公司聚焦主责主业:筑牢粮食安全生产“基本盘”
Qi Lu Wan Bao· 2025-08-26 07:29
齐鲁晚报·齐鲁壹点记者闫明 通讯员李敏 王广超 崔广勋 进入汛期以来,极端降雨导致多地洪涝成灾,给秋粮作物丰产丰收带来冲击。中国人寿财险灾情所在地 机构迅速行动,投入抗灾救灾和查勘理赔工作,力争让损失降低到最低程度。而在没有遭受极端天气的 山东省德州市,中国人寿财险山东省德州市中心支公司同样进入防灾防汛应急工作状态,全力落实防汛 救灾应急预案,挨村挨户紧急推进玉米完全成本保险承保工作,守住粮食安全底线。目前,全市已承保 玉米完全成本保险103.46万亩,承担风险保障责任9.83亿元。 自2024年新一轮农业保险承保周期以来,中国人寿财险山东省德州市中心支公司聚焦主责主业,累计承 保政策性三大主粮完全成本保险441.67万亩,承保面积居全省系统16家地市公司首位;共为34.8万户次 的种植户承担风险责任43.11亿元,支付赔款4881.94万元,为灾后恢复生产提供了关键资金保障,牢牢 守住了粮食生产基本盘和安全底线。多措并举深度融入国家发展战略,也促进了自身内含价值提升。 2024年,该公司入选全国系统地市机构30强,所辖3家支公司入选全国系统县区机构100强、3家支公司 入选全省系统综合评价20强支公司。 守 ...
邢台金融监管分局同意中国人寿临西支公司河西镇营销服务部变更营业场所
Jin Tou Wang· 2025-08-26 06:46
二、中国人寿保险股份有限公司应按照有关规定及时办理变更及许可证换领事宜。 2025年8月19日,邢台金融监管分局发布批复称,《关于中国人寿(601628)保险股份有限公司临西支 公司河西镇营销服务部变更营业场所的请示》(国寿人险冀发〔2025〕319号)收悉。经审核,现批复 如下: 一、同意中国人寿保险股份有限公司临西支公司河西镇营销服务部营业场所变更为:河北省邢台市临西 县河西镇北环路中段南侧。 ...