The Zacks Accident and Health Insurance industry is expected to benefit from an increase in underwriting exposure. Aflac Incorporated (AFL) , Unum Group (UNM) , Globe Life. (GL) and Trupanion (TRUP) are expected to be driven by prudent underwriting standards. However, higher inflation, as well as rising medical costs, could offset the positives. The industry has been witnessing soft pricing over the past several quarters, and this is not expected to change anytime soon. Nonetheless, a rise in claims of lowe ...

Group 1 - AMERISAFE, Inc. announced the resignation of Chief Financial Officer Anastasios Omiridis, effective November 30, 2025, to pursue another opportunity [1] - The company will initiate an executive search for a new Chief Financial Officer [1] - AMERISAFE specializes in workers' compensation insurance for high hazard industries, including construction, trucking, logging, agriculture, and manufacturing [2]

Core Insights - Employers Holdings, Inc. reported a net loss of $8.3 million for Q3 2025, with an adjusted net loss of $25.5 million, reflecting a significant decline compared to the previous year [5][31][38] - The company experienced a 1% increase in gross premiums written, totaling $183.9 million, and a 3% increase in net premiums earned, reaching $192.1 million [5][7][31] - The loss and loss adjustment expenses ratio increased dramatically from 63.1% to 97.1%, primarily due to higher current accident year losses and reserve strengthening [5][8][31] Financial Highlights - Gross premiums written increased by 1% year-over-year, driven by higher renewal business writings [2][7] - Net premiums earned rose by 3%, attributed to larger levels of 2024 written premiums earned in 2025 [7] - The company reported a 59% increase in losses and loss adjustment expenses, totaling $186.6 million [8][31] - The commission expense ratio improved from 13.8% to 12.0%, while the underwriting expense ratio decreased from 23.5% to 20.6% [4][9][10] Management Commentary - CEO Katherine Antonello highlighted a record number of policies in-force, up 4% year-over-year, and emphasized the company's commitment to improving underwriting margins over increasing written premiums [2][3] - The company undertook a rigorous internal review of reserves, resulting in a $38.2 million strengthening of prior accident year loss and LAE reserves [3][4] Capital Management - The Board approved a $125 million debt-funded recapitalization plan and increased the share repurchase authorization to $250 million [6][18] - The company returned $52.7 million to stockholders through share repurchases and dividends [5][6] Investment Performance - Net investment income decreased by 2% to $26.1 million, while net realized and unrealized gains on investments increased from $10.9 million to $21.2 million [11][31] - The company's book value per share, including deferred gain, increased by 6.1% year-over-year to $49.70 [14][36]

Company Overview - Employers Holdings, Inc. (NYSE: EIG) is a holding company specializing in workers' compensation insurance and services, primarily targeting small and mid-sized businesses in low-to-medium hazard industries [4][6] - The company has over a century of experience in providing comprehensive coverage solutions, focusing on protecting employees through exceptional claims management, loss control, and risk management services [4] Upcoming Financial Results - The company will release its third quarter 2025 financial results after market close on Thursday, October 30, 2025 [1] - A conference call and webcast to review these financial results is scheduled for Friday, October 31, 2025, at 11:00 a.m. EDT / 8:00 a.m. PDT [2] Digital Solutions - Employers also offers Cerity, a digital-first platform providing direct-to-consumer workers' compensation insurance solutions with fast and affordable coverage options [5]

Core Insights - The Hanover Insurance Group has enhanced its workers' compensation onboarding program to improve customer experience for mid-sized commercial clients [1][3] Summary by Sections Enhanced Benefits - New workers' compensation policyholders and most renewals with premiums over $100,000 now have access to expanded benefits, including a dedicated claims liaison and a self-service claims portal called Hanover Claims Manager [2][6] - The portal allows policyholders to manage claims efficiently with flexible search, filter, and view options, enabling better tracking of key claims [2] Commitment to Customers - The company emphasizes its commitment to providing value-added workers' compensation solutions and personalized support to help customers protect their businesses and employees [3] - The enhancements aim to make it easier for mid-sized customers to access resources typically available to larger accounts [3] Tailored Onboarding Program - The onboarding program is tailored for all accounts with premiums of $50,000 or more, offering a customized experience through dedicated risk management consultants [4] - Enhanced support includes identifying opportunities to improve worker safety, access to industry-specific training, and tools like wearable sensors [4] Additional Features - Eligible policyholders now have access to a dedicated claims professional for personalized guidance [6] - The Hanover Claims Manager portal provides detailed insights into claims activity, including adjuster notes and data exporting capabilities [6] - Online self-service tools are available for billing, claims, premium audit, and risk management [6] - The Hanover Work Safe program offers a comprehensive approach to workplace safety, including assessments, on-demand training, and safety resources [6]

Company Overview - Employers Holdings, Inc. (NYSE: EIG) is a holding company specializing in workers' compensation insurance and services, primarily targeting small and mid-sized businesses in low-to-medium hazard industries [4] - The company has over a century of experience in providing comprehensive coverage solutions, focusing on protecting employees through exceptional claims management, loss control, and risk management services [4] Upcoming Financial Results - The company will release its second quarter 2025 financial results after market close on July 30, 2025, with materials available on its website [1] - A conference call and webcast to review these financial results will take place on July 31, 2025, at 11:00 a.m. EDT / 8:00 a.m. PDT [2] Digital Solutions - Employers also offers Cerity®, a digital-first platform providing direct-to-consumer workers' compensation insurance solutions with fast and affordable coverage options [5] Operational Scope - Employers operates throughout the United States, except for four states served exclusively by state funds, with insurance offered through various subsidiaries rated A (Excellent) by AM Best [6]

Industry Overview - The Zacks Accident and Health Insurance industry is expected to benefit from increased underwriting exposure and prudent underwriting standards among key players like Aflac, Unum Group, Trupanion, Globe Life, and AMERISAFE [1] - The industry has maintained profitability due to solid reserves, prudent claims management, and stable loss trends, although a softer performance is predicted for 2025 [2] - The global workers' compensation insurance market is projected to grow significantly between 2024 and 2032, driven by rising awareness of the benefits of coverage [3] Trends Impacting the Industry - Pricing pressure is anticipated to continue due to inflation, rising medical costs, and demographic changes, with workers' compensation insurance pricing expected to increase at a CAGR of 5.3% from 2022 to 2026 [4] - Claims frequency is improving due to better safety measures and working conditions, with a notable increase in the number of workers aged 75 and older expected to rise by 96.5% over the next decade [5] - The adoption of technology, including AI and data analytics, is accelerating in the industry, potentially reducing workers' compensation claim expenses by about 45% [6] Industry Performance - The Zacks Accident and Health Insurance industry ranks 95, placing it in the top 39% of 251 Zacks industries, indicating positive near-term prospects [7][8] - The industry has outperformed the Finance sector and the Zacks S&P 500 composite, with a collective gain of 29.6% over the past year compared to 5.8% and 2.2% respectively [10] Current Valuation - The industry is currently trading at a trailing 12-month price-to-book (P/B) ratio of 1.84X, significantly lower than the Zacks S&P 500 composite's 7.89X and the sector's 4.17X [13] Company Highlights - **Trupanion**: Positioned for growth in the underpenetrated pet insurance market, with a projected earnings increase of 130.4% in 2025 [19][20] - **Aflac**: Focused on strategic growth investments and digital solutions, with a long-term earnings growth rate of 4.8% [23][24] - **Unum Group**: Expected to see sales growth of 5-10% in 2025, with a long-term earnings growth rate of 7.2% [27][29] - **Globe Life**: Positive revenue trends driven by premium growth, with expected earnings increases of 10% and 9.8% in 2025 and 2026 respectively [32][34] - **AMERISAFE**: Benefits from a niche focus and a strong balance sheet, with a consistent record of dividend payments since 2013 [36][37]