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Gallagher Study Reveals Employers Investing in Holistic Wellbeing for Future Growth
Prnewswire· 2025-07-09 13:00
ROLLING MEADOWS, Ill., July 9, 2025 /PRNewswire/ -- In response to macro uncertainty and rising costs, employers are increasingly prioritizing comprehensive wellbeing strategies to meet the evolving needs of their workforce. Gallagher's 2025 U.S. Benefits Benchmarks Report highlights a growing trend among employers to adopt holistic approaches that encompass physical, emotional, career and financial health."We are at a pivotal moment as employers and organizational leaders—a moment where we can have a signi ...
Northwest Bancshares, Inc. Announces Second Quarter 2025 Earnings Call Details
Prnewswire· 2025-07-09 12:55
Core Points - Northwest Bancshares, Inc. will host a conference call to discuss its second quarter 2025 financial results on July 30, 2025, at 8:30 a.m. EDT [1] - Financial results will be released after market close on July 29, 2025 [1] Conference Call / Webcast Information - The live audio webcast and presentation slides will be available in the Investor Relations section of the company's website [2] - The public can register for the conference call through a provided link and will receive instructions for calendar event download and email reminders [2] Additional Information - Northwest Bancshares, Inc. is headquartered in Columbus, Ohio, and operates as the bank holding company for Northwest Bank, which was founded in 1896 [4] - The bank offers a full range of business and personal banking products, employee benefits, and wealth management services, with 131 full-service financial centers and eleven drive-up facilities across Pennsylvania, New York, Ohio, and Indiana [4] - The company's common stock is listed on the NASDAQ Global Select Market under the ticker "NWBI" [4]
Optavise Report Finds Employers Increase Employee Satisfaction by Improving Healthcare Literacy
Prnewswire· 2025-06-03 13:15
Core Insights - The 2025 Healthcare Literacy Report by Optavise emphasizes the importance of personalized education in enhancing employees' understanding of their workplace benefits [1][2][8] Employee Satisfaction and Understanding - 74% of employees express high satisfaction with their health plans, an increase from 69% the previous year, while 75% report understanding their plans, up from 68% [2] - Employees increasingly seek assistance from HR teams (40%) and third-party experts (18%), rising from 27% and 15% respectively [3] Access and Confidence - 87% of satisfied employees find it easy to access their benefits, while 58% of those who struggle with access lack confidence in understanding their health plans [4] - Among self-educating employees, only 65% feel confident in understanding their health plan, compared to 82% who receive guidance from HR or experts [3] Cost Awareness - 55% of employees have avoided doctor visits due to cost concerns, with 44% frequently comparing treatment costs and 45% comparing prescription drug prices [5][6] Engagement in Wellness Programs - 86% of employees participate in wellness programs when offered, with high interest in healthy eating (64%), fitness tracking (61%), financial wellness (52%), and mental health counseling (51%) [6] - Personalization in wellness programs is crucial, with 96% of employees valuing tailored benefit options [7] Gaps in Understanding - One in four employees still lacks confidence in understanding their health plans, with key terms like "coinsurance" causing confusion for 17% of respondents [8] - Only half of employees utilize personalized guidance sessions, but those who do find them the most helpful resource [9][10] Onboarding and Education - Benefits education significantly influences job change decisions, with 74% of employees considering benefits programs as a key factor [11] - New employees prefer one-on-one conversations with benefits experts (42%) and enrollment support (36%), with 92% finding presentations helpful during onboarding [12] Conclusion - Proper training, personalization, incentives, and support are essential for employee satisfaction with workplace benefits, highlighting the need for employers to enhance their benefit offerings [13]
Northwest Bancshares, Inc. Announces Board of Directors Leadership Transition
Prnewswire· 2025-05-12 13:10
Leadership Transition - Northwest Bancshares, Inc. announced a change in its board of directors as part of a leadership transition, with Timothy B. Fannin stepping down as Board Chair and being succeeded by Vice Chair Timothy M. Hunter [1][2] - Timothy B. Fannin has been with the board since 2013 and served as Non-Executive Chairman since 2022, while Timothy M. Hunter joined the board in 2015 and was appointed Vice Chair in 2023 [2] Company Progress and Strategy - The company is on track to become a Top 100 US bank by assets following its merger with Penns Woods, expected to close in late July [3] - Fannin highlighted the company's significant progress on its strategic growth plan, including the largest acquisition in its history, and emphasized the importance of transitioning board leadership at this time [3] - Hunter expressed his commitment to continue the company's progress and capitalize on opportunities for sustainable, responsible, and profitable growth [3] Executive Experience - Timothy M. Hunter has extensive business experience, having served as President and CEO of McInnes Rolled Rings from 2003 to 2024, and has held various positions on business and philanthropic boards [3] - Hunter is a CPA and has a background with Ernst & Young, holding a bachelor's degree in accounting from Villanova University [3] Company Overview - Northwest Bancshares, Inc. is headquartered in Columbus, Ohio, and is the bank holding company for Northwest Bank, which was founded in 1896 [4] - The bank offers a complete line of business and personal banking products, as well as employee benefits and wealth management services, operating 130 full-service financial centers and eleven drive-up facilities across Pennsylvania, New York, Ohio, and Indiana [4]
WEX(WEX) - 2025 Q1 - Earnings Call Transcript
2025-05-01 14:00
WEX (WEX) Q1 2025 Earnings Call May 01, 2025 10:00 AM ET Speaker0 Thank you for standing by. My name is Kayla, and I will be your conference operator today. At this time, I would like to welcome everyone to the WEX First Quarter twenty twenty five Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. I would now like to turn the call over to Steve Elder. You may begin. Speaker1 Thank you, operator, and goo ...
Arthur J. Gallagher & Co. Acquires First Capital Financial Services
Prnewswire· 2025-04-30 13:00
ROLLING MEADOWS, Ill., April 30, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of New Zealand-based First Capital Financial Services (First Capital) and its affiliate First Capital Wealth Management. Terms of the transaction were not disclosed.First Capital is a financial advisory firm providing wealth management, risk management and employee benefits services to corporate clients and individuals throughout New Zealand from offices in Christchurch and Auckland. Hugh Percy an ...
Northwest Bancshares, Inc. Announces First Quarter 2025 net income of $43 million, or $0.34 per diluted share
Prnewswire· 2025-04-28 20:05
Net interest margin expands 45 basis points to 3.87% our 4th consecutive quarter of improved margin All regulatory and shareholder approvals received for Penns Woods mergerTotal revenue grew 19% from first quarter 20243rd consecutive quarter of reduced costs of fundsCredit quality remains stable with nonperforming assets at 0.52% of total assetsCOLUMBUS, Ohio, April 28, 2025 /PRNewswire/ -- Northwest Bancshares, Inc., (the "Company"), (Nasdaq: NWBI) announced net income for the quarter ended March 31, 2025 ...
The Hartford(HIG) - 2025 Q1 - Earnings Call Transcript
2025-04-25 19:58
The Hartford Insurance Group (HIG) Q1 2025 Earnings Call April 25, 2025 03:58 PM ET Company Participants Kate Jorens - SVP, Treasurer and Head of IRChristopher Swift - Chairman & CEOBeth Costello - CFOC. Gregory Peters - Managing Director - InsuranceA. Morris Tooker - PresidentBrian Meredith - Managing DirectorAndrew Kligerman - Managing DirectorMike Fish - Head of Group BenefitsElyse Greenspan - Managing DirectorMelinda Thompson - Head of Personal LinesRobert Cox - Vice President - Equity Research Conferen ...
Hartford Financial Q1 Earnings Beat on Employee Benefits Strength
ZACKS· 2025-04-25 16:55
The Hartford Insurance Group, Inc. (HIG) reported first-quarter 2025 adjusted operating earnings of $2.20 per share, which beat the Zacks Consensus Estimate of $2.13. However, the bottom line decreased 6% year over year. (See the Zacks Earnings Calendar to stay ahead of market-making news.)HIG's total revenues amounted to $6.8 billion, which improved from $6.4 billion in the prior year due to higher earned premiums and investment income.Better-than-expected quarterly earnings benefited from improved Employe ...
The Hartford(HIG) - 2025 Q1 - Earnings Call Transcript
2025-04-25 16:20
The Hartford Insurance Group, Inc. (NYSE:HIG) Q1 2025 Results Conference Call April 25, 2025 9:00 AM ET Company Participants Susan Spivak - Senior Vice President of Investor Relations Chris Swift - Chairman and Chief Executive Officer Beth Costello - Chief Financial Officer Morris Tooker - President Mike Fish - Head of Group Benefits Melinda Thompson - Head of Personal Lines Conference Call Participants Gregory Peters - Raymond James Brian Meredith - UBS Andrew Kligerman - TD Securities Elyse Greenspan - We ...