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Skyward Specialty Insurance Group (SKWD) reported strong Q3 2024 results with net income of $36.7 million ($0.89 per diluted share), up from $21.7 million in Q3 2023. The company achieved gross written premiums of $400.0 million, a 12.4% increase year-over-year, and maintained a solid combined ratio of 92.2%. Key highlights include an annualized return on equity of 19.1% through the first nine months of 2024 and a book value per share of $19.89, representing a 19% increase from December 2023. The Board authorized a $50.0 million share repurchase program in October 2024. Skyward Specialty Insurance…
When Serena Williams “retired” from tennis in 2022, she announced her retirement in style in a Vogue cover story. In particular, she said she doesn’t like the word “retirement” and calls her transition “evolution.” This idea perfectly encapsulates what I often talk to my clients about the concept of retirement. For baby boomers, the transition to retirement was symbolized by dinners, gold watches, and wide-open calendars. For those of us in Generation X and beyond, this binary definition of retirement no longer applies. A lot has changed, from the reduction in the pension you can receive to the fact that…
The world’s visionary leaders address humanity’s challengesRIYADH, Saudi Arabia, Oct. 29, 2024 /PRNewswire/ — Day one of the 8th Future Investment Initiative (FII) kicks off at the King Abdulaziz International Conference Center, celebrating global leaders, visionary innovations and and influential investors. Explore the theme, “Infinite Horizons: Investing Today, Shaping Tomorrow.” Future Investment Initiative Institute (FII) Day 1 – October 29, 2024 (PRNewsfoto/Future Investment Initiative Institute) Under the leadership of CEO Richard Attias, the FII Institute has once again demonstrated its commitment to redefining the future of global investment and innovation, sparking dialogue around the important issues shaping the world. Dr.…
HYDERABAD: The state civil demand department has decided to seek bank guarantees and security deposits based on the performance of flour millers, following the recommendations of the cabinet sub-committee on paddy related issues. Heeding the repeated pleas of the millers, the Civil Supply Department has decided to pay additional milling charges of Rs 30 for coarse seed paddy and Rs 40 for fine seed paddy. According to the ministry, the rice milling fee has not been revised since 2018, which is why the decision was made to increase the price. The price increase was approved on the condition that custom-milled…
A spacious home at 16 Harborview Road in Chatham has a new owner. Built in 1988, the 3,629 square foot property was sold on October 8, 2024 for $4.3 million, or $1,185 per square foot. This two-story home boasts spacious living space with four bedrooms and four bathrooms. Externally, this home features a gable roof design constructed with wood shake roofing/shingles. Equipped with forced air heating and cooling system. The site is 0.7 acres in size.Additional homes have recently sold nearby.In November 2021, a 2,924 square foot home on Buena Vista Road in Chatham sold for $3,375,000, or $1,154 per…
The Department of Veterans Affairs is apologizing to a veteran who received a voicemail from a facility in El Paso, Texas, in which VA officials speculated that the veteran was trying to maintain a 100% disability rating. I heard one of them say, It’s all about money. ” “The Department of Veterans Affairs deeply apologizes to this veteran and is communicating with him immediately,” Department of Veterans Affairs spokesperson Terrence Hayes told Task & Purpose on Tuesday. “The lack of care and compassion by these employees is unacceptable and we are urgently investigating this incident and will take swift and…
With just a week to go until Election Day, the outcome will have wide-ranging implications for markets, regardless of who wins or which party controls which parliament. In the run-up to the U.S. presidential election on Nov. 5, stock prices are in an unusually strong position, with the averages for all three major stocks at or near all-time highs despite rising U.S. Treasury yields. On Tuesday, the Nasdaq Composite Index hit a new record for the first time in three days. But whichever way the results go on Nov. 5, the latest NBC News poll shows that, especially given the…
Boston Financial, the largest syndicator of low-income housing tax credits in the United States, has reportedly closed its $170 million multi-investor LIHTC fund, Boston Financial Institutional Tax Credit 60 Limited Partnership. are. The fund secured commitments from six institutional investors, enabling the deployment of capital to 14 affordable housing developers. The ITC 60 represents Boston Financial’s parent company, ORIX USA’s continued support for the LIHTC platform, the company said. The fund will provide 1,418 affordable rental housing units in 16 regions across 13 states: California, Illinois, Louisiana, Maine, Maryland, Massachusetts, North Carolina, Pennsylvania, Rhode Island, Tennessee, Texas, Virginia, and Wisconsin.…
MIAMI – U.S. immigration authorities illegally kept more than $300 million in deposits paid by tens of thousands of low-income immigrant families and U.S. citizens, according to a lawsuit filed Tuesday.Motley Rice LLC, one of the companies that filed the lawsuit in federal court in the Eastern District of New York, said $240 million in unclaimed funds were left in the U.S. because U.S. Immigration and Customs Enforcement held the funds for too long. The money was reportedly transferred to an account at the Ministry of Finance.The lawsuit addresses long-standing complaints and seeks class-action status against people who paid cash…
The owner of Baton Rouge’s Bell plans to move its operations inland. (Colin Ritchie) Gaming and Leisure Properties, Inc., the Pennsylvania-based real estate investment trust that owns the assets of all three Baton Rouge casinos, reports record third-quarter financial results in the third quarter of 2024 did. GLPI reported total revenue of $385.3 million for the third quarter of 2024, up from $359.6 million in the third quarter of 2023 and a 6.9% increase year over year. GLPI Chairman and CEO Peter Carlino said in a statement that the trust’s third-quarter results reflected the “consistent performance” of its tenant portfolio.…