Dai Ichi Life Insurance Company Ltd Lowers Holdings in Hartford Financial Services Group Inc (NYSE:HIG)

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Dai Ichi Life Insurance Company Ltd trimmed its holdings in Hartford Financial Services Group Inc (NYSE:HIG) by 13.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 62,155 shares of the insurance provider’s stock after selling 9,871 shares during the quarter. Dai Ichi Life Insurance Company Ltd’s holdings in Hartford Financial Services Group were worth $2,396,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Quantum Capital Management boosted its holdings in Hartford Financial Services Group by 4.4% in the second quarter. Quantum Capital Management now owns 6,908 shares of the insurance provider’s stock valued at $266,000 after purchasing an additional 288 shares during the last quarter. Regent Investment Management LLC boosted its stake in shares of Hartford Financial Services Group by 4.0%

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Selective Insurance Group (NASDAQ:SIGI) Stock Rating Lowered by Zacks Investment Research

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Zacks Investment Research lowered shares of Selective Insurance Group (NASDAQ:SIGI) from a buy rating to a hold rating in a report released on Wednesday, Zacks.com reports. The firm currently has $64.00 price objective on the insurance provider’s stock.

According to Zacks, “Selective Insurance is poised to witness top-line growth backed by sustained premium growth across its segments. Premiums have benefited from the company’s compelling portfolio, high retention ratio, pure renewal price increase and new business growth. Net investment income should benefit from active portfolio management. The company estimates investment income of $170 million and $5 million from alternative investments in 2020. Geographic expansion plays a vital role in company’s growth. Shares of Selective Insurance have underperformed the industry in the past year. Nevertheless, it boasts solid capital position on which it deploys capital effectively. However, it is exposed to cat loss, inducing earnings volatility. High costs exert pressure on operating

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Arcadia Settlements Group, a Wholly-owned Subsidiary of Integrated Financial Settlements, Joins Guidewire PartnerConnect Solution Alliance Program

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New partner’s “structured settlements” technology and services to help insurers exchange data securely and efficiently to support successful claim resolution

Arcadia Settlements Group (Arcadia) , a company that provides settlement consulting services, and Guidewire Software, Inc. (NYSE: GWRE), the platform P&C insurers trust to engage, innovate, and grow efficiently, today announced that Arcadia has joined Guidewire PartnerConnect as a Solution partner.

Since 1972, Arcadia has recognized the value of delivering long-term financial security to people impacted by sudden and serious injury. The company helps resolve conflicts, reduce litigation expenses, and create long-term financial security by providing settlement consulting services to people involved in personal injury claims. As a PartnerConnect Solution partner, the company plans to develop a Ready for Guidewire integration that will enable Guidewire ClaimCenter users to integrate to Resolver, Arcadia’s modern web application developed to support the end-to-end claim resolution process.

“Our partnership with Guidewire further reinforces our

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Lincoln Financial Group to Participate in the Keefe, Bruyette & Woods Virtual Insurance Conference

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Live Webcast Available

Lincoln Financial Group (NYSE:LNC) announced today that Randy J. Freitag, executive vice president, chief financial officer and head of individual life of Lincoln Financial Group, will present at the Keefe, Bruyette & Woods Virtual Insurance Conference on Wednesday, September 9, 2020 at approximately 9:10 a.m. Eastern Time.

Mr. Freitag will participate in a question and answer session covering a variety of industry and company-specific topics.

The live presentation will be available at www.lfg.com/webcast. Please go to the website at least fifteen minutes prior to the event to register and download any necessary streaming media software. A replay will be available for 30 days from the same link one hour after the webcast concludes.

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help people take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance

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Amynta Group Acquires a Workers Compensation Book from Houston International Insurance Group

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NEW YORK, Sept. 2, 2020 /PRNewswire/ — Amynta Group, a leading insurance services provider of property & casualty and warranty protection products and services, has acquired a workers compensation book of business from Houston International Insurance Group (HIIG). This acquisition broadens Amynta’s workers compensation practice and geographic presence in the southwest.

As part of the transaction, Amynta has partnered with Clear Spring Property and Casualty Company to provide underwriting capacity for the business. The business will be conducted through Southwest Risk Agency Services, Amynta’s specialty lines insurance broker and binding authority underwriting facility built to serve the needs of independent agents for medium to small commercial accounts. Sharen Perkins, VP Specialty Workers Compensation Division at HIIG, will lead the transition of the business and join Southwest Risk Agency Services.

“We are excited to expand our relationship with Clear Spring as we grow our workers compensation business. This is

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World Bank Group Exceeds 2020 Climate Finance Target for 3rd Consecutive Year – $21.4 Billion in Funding for Climate Action – Malawi

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STORY HIGHLIGHTS

  • In fiscal year 2020, the World Bank Group allocated nearly $21.4 billion to climate-related investments, surpassing its climate-finance target for the third year in a row.

  • Bank Group climate finance exceeded $83 billion over the 5 years that the first Climate Change Action Plan (2016-2020) was in effect.

  • Three country snapshots illustrate ways in which climate change considerations were integrated into projects in Malawi, Bangladesh and Tunisia.

Facing a Development Challenge Like No Other

As countries struggle with COVID-19, they are also being hit by worsening climate impacts. Already, 2020 looks set to be the hottest year on record, potentially bringing more droughts, floods, and intense storms. All countries — particularly the poorest and most vulnerable — could face the compound impacts of climate change and COVID. Recently, India and Bangladesh were hit by the Category 5 Hurricane Amphan, forcing authorities to handle the competing goals of evacuation

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Citizens Financial Group Inc RI Has $553,000 Stock Holdings in Estee Lauder Companies Inc (NYSE:EL)

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Citizens Financial Group Inc RI reduced its position in shares of Estee Lauder Companies Inc (NYSE:EL) by 7.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,929 shares of the company’s stock after selling 248 shares during the period. Citizens Financial Group Inc RI’s holdings in Estee Lauder Companies were worth $553,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in EL. Capital Research Global Investors raised its position in shares of Estee Lauder Companies by 280.5% in the 1st quarter. Capital Research Global Investors now owns 3,505,756 shares of the company’s stock valued at $558,607,000 after buying an additional 2,584,451 shares in the last quarter. Copper Rock Capital Partners LLC grew its stake in shares of Estee Lauder

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LATAM Airlines Group (LTMAQ) versus Its Competitors Critical Analysis

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LATAM Airlines Group (OTCMKTS: LTMAQ) is one of 28 public companies in the “Air transportation, scheduled” industry, but how does it compare to its peers? We will compare LATAM Airlines Group to similar businesses based on the strength of its analyst recommendations, profitability, valuation, institutional ownership, earnings, risk and dividends.

Dividends

LATAM Airlines Group pays an annual dividend of $0.09 per share and has a dividend yield of 5.9%. LATAM Airlines Group pays out 29.0% of its earnings in the form of a dividend. As a group, “Air transportation, scheduled” companies pay a dividend yield of 2.8% and pay out 17.8% of their earnings in the form of a dividend.

Analyst Ratings

This is a summary of recent ratings for LATAM Airlines Group and its peers, as provided by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
LATAM Airlines Group 0 0 0 0 N/A
LATAM
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LaSalle St. Continues Recruiting Success With Onboarding Of Retirement Services Group

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CHICAGO, Aug. 27, 2020 /PRNewswire/ — LaSalle St., a family of wealth management firms encompassing independent broker-dealer and registered investment adviser (RIA) platforms, today announced the recruitment of Retirement Services Group, a Northbrook, Illinois-based firm specializing in profit sharing and 401(k) plans, which oversees approximately $625 million in assets. The addition of Retirement Services Group builds on a surge in fast-growing and innovative financial advisor teams joining LaSalle St. this year.

Mark Contey, Senior Vice President of Business Development for LaSalle St., said, “We are thrilled that Retirement Services Group has joined the LaSalle St. family. The team has long stood out as an innovator in its field for both plan sponsors and plan participants. Our recruitment of Retirement Services Group is a prime example of how LaSalle St.’s nimble and comprehensive home office support adds value to a diverse array of practices. We are committed to

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World Insurance Associates Acquires Peoples/Commercial Insurance Services, LLC (d/b/a Peoples Insurance Group) of Kansas

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TINTON FALLS, N.J.–(BUSINESS WIRE)–World Insurance Associates LLC (WIA), a Top 100 Insurance Agency, announced today that it acquired Peoples/Commercial Insurance Services, LLC (d/b/a Peoples Insurance Group) of Topeka, KS on August 1, 2020. Terms of the transaction were not disclosed.

Peoples Insurance Group, originally founded in 1917, is the largest locally owned independent agency in Topeka, KS and is built on the principles of providing superior customer service and quality insurance solutions for its customers. Peoples Insurance Group offers several lines of insurance, including personal, business, commercial, life, disability, and bonds.

“We warmly welcome Peoples Insurance Group,” states Rich Eknoian, CEO and Co-Founder of WIA. “We look forward to working closely together and expanding our presence in Kansas.”

“We are excited by the opportunity to grow alongside World and are confident that this new partnership will allow us to best cater to the needs of our customers and

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