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Root, Inc. to Participate in Citi's 2025 Insurance Access Day
Globenewswire· 2025-12-03 21:30
COLUMBUS, Ohio, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Root, Inc. (NASDAQ: ROOT), a leading technology company powering insurance solutions and the parent company of Root Insurance, today announced its participation in Citi’s 2025 Insurance Access Day, taking place December 8, 2025 in New York, New York. While there will be no Company presentation, Root, Inc. will host one-on-one and group meetings with institutional investors. The investor material to be used in the meetings can be found on the home page of Roo ...
Regulatory Authorities and Minority Shareholders Approved Skyward Specialty Acquisition of Apollo Group; Skyward Specialty Provides Guidance for 2026
Globenewswire· 2025-12-03 21:30
HOUSTON, Dec. 03, 2025 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (Nasdaq: SKWD) (“Skyward Specialty” or the “Company”) today announced that it has secured the required regulatory approvals and approvals of the minority shareholders of its acquisition of Apollo Group Holdings Limited (“Apollo”). The transaction is expected to close early in the first quarter of 2026, subject to final closing conditions. Skyward Specialty also announced its financial guidance, inclusive of Apollo, for the 20 ...
Tiptree Announces Shareholder Approval of Proposed Merger of Fortegra and DB Insurance
Businesswire· 2025-12-03 21:30
GREENWICH, Conn.--(BUSINESS WIRE)--Tiptree Inc. (NASDAQ: TIPT) (the "Company†or "Tiptree†) today announced that, at the Company's Special Meeting of Shareholders (the "Special Meeting†), Tiptree shareholders approved the previously announced Agreement and Plan of Merger (the "Merger Agreement†) by and among Tiptree, The Fortegra Group, Inc. ("Fortegra†) and DB Insurance Co., Ltd. ("DB†), providing for the acquisition by DB of all of the outstanding stock of Fortegra in an all-cash deal by mean. ...
U.S. Stocks Move Higher As Jobs Data Adds To Rate Cut Optimism
RTTNews· 2025-12-03 21:13
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Wednesday. While the Nasdaq and the S&P 500 posted modest gains, the narrower Dow showed a more notable move to the upside.The major averages all finished the day in positive territory. The Dow jumped 408.44 points or 0.9 percent to 47,882.90, the Nasdaq rose 40.42 points or 0.2 percent to 23,454.09 and the S&P 500 climbed 20.35 points or 0.3 percent to 6,849.72.The advanced by the Dow c ...
AM Best Upgrades Credit Ratings of CNA Financial Corporation and Its Subsidiaries
Businesswire· 2025-12-03 20:17
OLDWICK, N.J.--([BUSINESS WIRE](https://www.businesswire.com))--**AM Best**has upgraded the Financial Strength Rating (FSR) to A+ (Superior) from A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) to "aa-†(Superior) from "a+†(Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation (CNAF) [NYSE: CNA], collectively known as CNA Insurance Companies (CNA), and the members of Western Surety Group (WSG). Concurrently, AM Best has upgraded the Long-Term ICR to "a-† ...
LMND Surges 97% Year to Date: How Should You Play the Stock?
ZACKS· 2025-12-03 18:31
Key Takeaways LMND shares have soared 96.7% YTD, far outpacing the broader industry and market gains.Diversified offerings, AI-driven pricing, and a 30% IFP growth target are boosting LMND's outlook.Despite efficiency gains, LMND remains unprofitable and trades at a high price-to-book multiple of 10.33.Shares of Lemonade Inc. (LMND) have skyrocketed 96.7% year to date, outperforming the industry’s increase of 12.4%, the Finance sector’s rise of 14.6% and the Zacks S&P 500 composite’s gain of 18.5% in the sa ...
The Baldwin Insurance Group, Inc. (BWIN) M&A Call Transcript
Seeking Alpha· 2025-12-03 17:43
PresentationGreetings, and welcome to the Baldwin Group and CAC Group Partnership Announcement Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the call over to your host, Bonnie Bishop, Executive Director, Investor Relations. Thank you. You may begin.Bonnie BishopExecutive Director of Investor Relations Thank you, operator, and good morning. By now, everyone should have access to our partnership announcement and slide presentation, which were released ...
MS&AD Insurance Group Holdings, Inc. (MSADY) Discusses Planned Merger, Strategic Investments, and Shareholding Unwinding Initiatives Transcript
Seeking Alpha· 2025-12-03 17:23
PresentationUnknown Executive Good afternoon, ladies and gentlemen. Thank you very much for participating in the MS&AD Insurance Group Holdings Fiscal Year 2025 Second Information Meeting today. I am Hayashi from the IR department, and I will serve as a host and moderator. Thank you for your attention. Before we begin, I'd like to provide guidance regarding the audio and materials. The original audio will be in Japanese. [Operator Instructions] Today's materials are available on our official website. Plea ...
5 Undervalued Stocks With Low Price-to-Sales Ratios & Strong Momentum
ZACKS· 2025-12-03 15:26
Key Takeaways The screen identifies stocks with low P/S ratios, supported by stable financial metrics.Selections also meet low P/E, low P/B and low debt requirements for value strength.HG, M, CTSH, PCB and PRAA pair solid balance-sheet profiles with ongoing operational momentum.Investing in stocks based on valuation metrics is a proven strategy for identifying opportunities with strong upside potential. While the price-to-earnings (P/E) ratio is a popular tool for gauging value, it has its limitations, espe ...
Baldwin Group to Buy CAC Group for About $1B in Cash and Stock
Insurance Journal· 2025-12-03 14:38
Independent insurance agencies The Baldwin Group and CAC Group have agreed to merge to create one of the largest independent insurance advisory and distribution platforms in the U.S.Baldwin said the purchase price of about $1.03 billion consists of $438 million in cash and 23.2 million shares of its stock valued at $589 million. Post-closing payments include a performance-based earnout of up to $250 million and a $70 million deferred payment. The transaction is expected to close in the first quarter of 2026 ...