IRC | Jotup

Carvana Marks Second Anniversary of ADESA Acquisition with New Integration and Performance Milestones

Retrieved on:

木曜日, 5月 9, 2024

Software, Other Retail, Automotive, Other Automotive, Technology, Online Retail, General Automotive, Retail, Pacific Northwest, Environment, Acquisition, Multimedia, IRC, Organization, Auction

With record volume, driving larger selection for wholesale auction buyers and a larger buyer base and more liquidity for auction sellers.

Key Points:

With record volume, driving larger selection for wholesale auction buyers and a larger buyer base and more liquidity for auction sellers.
Developing and launching proprietary digital auction platform, ADESA Clear, to support wholesale auction buyers and sellers with integrated, value-added tools.
Routing Carvana wholesale volume directly to ADESA, reducing Carvana’s wholesale inbound miles by more than 60% since Q1 2022.
Activating Carvana last mile logistics at 30 ADESA locations, and middle mile logistics at nine ADESA locations, providing Carvana customers access to faster fulfillment.

Homeowners Insurance Less Affordable for Consumers Over Last 20 Years, According to New IRC Study

Retrieved on:

木曜日, 5月 9, 2024

Insurance, Professional Services, Home insurance, Weather, Insurance Information Institute, The Institutes, History, FCAS, MAAA, IRC

In 2021, the latest year for which expenditure data is available, spending on homeowners insurance was 1.99% of household income.

Key Points:

In 2021, the latest year for which expenditure data is available, spending on homeowners insurance was 1.99% of household income.
The U.S. average expenditure on homeowners insurance increased from $508 in 2001 to $1,411 in 2021, a 5.0% annualized rise.
IRC’s analysis looks at homeowners insurance affordability at the countrywide and state level and examines underlying cost drivers by state.
The most affordable state in the country is Utah, with consumers spending 0.96% of their income on homeowners insurance, compared with Florida as the least affordable, with consumers spending 4.07%.

Kensington Vanguard Expands to Chicago

Retrieved on:

火曜日, 5月 7, 2024

Sale, Running, KV, IRC, Partnership, Insurance, Property management

NEW YORK, May 7, 2024 /PRNewswire/ -- Kensington Vanguard National Land Services ("KV"), one of the largest independent, full-service national title insurance agencies in the country, is pleased to announce that Pam Sullivan has joined KV as executive vice president & senior underwriting counsel.

Key Points:

NEW YORK, May 7, 2024 /PRNewswire/ -- Kensington Vanguard National Land Services ("KV"), one of the largest independent, full-service national title insurance agencies in the country, is pleased to announce that Pam Sullivan has joined KV as executive vice president & senior underwriting counsel.
In her new role, she will lead KV's Chicago operations and be part of the KV Midwest division leadership team.
"I'm thrilled to be bringing my unique expertise to Kensington Vanguard.
She is the ideal person to lead our Chicago presence.

Southern California NIRI Chapters and Nasdaq Host the 2nd Annual NIRI SoCal Conference

Retrieved on:

金曜日, 5月 3, 2024

Professional Services, Business, Communications, Finance, Consulting, Public Relations, Investor Relations, CFO, Business Wire, Conference, Vizio, SVP, Principal, S&P Global, Rivel, IRC, Computershare, NIRI

The Southern California chapters of the NIRI (the association for investor relations) and Nasdaq will co-host the second annual NIRI SoCal Regional Conference titled, “Seizing the Evolving Dynamics in Investor Relations.” Corporate executives in investor relations, finance, and corporate affairs will gather for this one-day event to learn from experts and share experiences on the latest issues and trends in financial, investor, and corporate communications.

Key Points:

The Southern California chapters of the NIRI (the association for investor relations) and Nasdaq will co-host the second annual NIRI SoCal Regional Conference titled, “Seizing the Evolving Dynamics in Investor Relations.” Corporate executives in investor relations, finance, and corporate affairs will gather for this one-day event to learn from experts and share experiences on the latest issues and trends in financial, investor, and corporate communications.
Location: UCI Beall Applied Innovation Center, Irvine, CA
Early Bird pricing is available through May 3, 2024!
Moderated by John Moten, IRC, SVP Investor Relations, Aventiv Technologies & Chair of NIRI, with:
Sanya Badr, Principal & IR Search Practice Leader, Crist|Kolder Associates
Adam Townsend, CFO and Head of IR, Vizio
Along with Nasdaq as the co-host and headline sponsor, additional sponsors include Broadridge, Morrow Sodali, Riveron, Irwin, S&P Global, Computershare, Rivel, Stakeholder Labs, Business Wire, Pondel Wilkinson, Virtua, and the Buddy Group.

Canada’s Innovation Report Card: A Call to Action

Retrieved on:

木曜日, 4月 11, 2024

Education, Investment, Map, Policy, Innovation, The Conference Board, Conference, Research, CCIE, STEM, Conference Board of Canada, Failure, IRC, Organization, Knowledge, Creative industries

The research gave Canada a “C” in national innovation ranking.

Key Points:

The research gave Canada a “C” in national innovation ranking.
“The results are sobering and confirm a trend that has long been discussed by experts across the country,” said Alain Francq, Director of Innovation and Technology at The Conference Board of Canada.
The top challenges in Canada include chronically declining levels of business R&D, low levels of intellectual property ownership and weak industrial competitiveness.
The report measures Canada’s innovation ranking against 20 peer nations using 21 indicators.

More Drivers Are Underinsured on the Nation’s Roads, According to New IRC Study

Retrieved on:

火曜日, 4月 23, 2024

Other Automotive, Professional Services, Insurance, Automotive, UIM, Insurance Information Institute, The Institutes, Injury, FCAS, MAAA, IRC, Accident, Mobile phone

In 2022, more than one in seven drivers (15.7%) countrywide had insufficient coverage, according to a new Underinsured Motorists: 2017-2022 report by the Insurance Research Council (IRC), a division of The Institutes.

Key Points:

In 2022, more than one in seven drivers (15.7%) countrywide had insufficient coverage, according to a new Underinsured Motorists: 2017-2022 report by the Insurance Research Council (IRC), a division of The Institutes.
The estimated percentage of underinsured drivers countrywide was 15.7% in 2022, a 3.1 percentage point increase from 2017.
In 2022, the estimated percentage of underinsured drivers ranged from 5.6% in the District of Columbia to a whopping 40.9% in Colorado.
“Riskier behaviors like speeding and distracted driving, in combination with legal system abuse and economic inflation, all contribute to elevated UIM rates.”

Ellington Credit Adopts Tax Asset Preservation Plan Designed to Protect Shareholder Value by Preserving the Availability of Its Net Operating Losses While Operating as a C-Corp

Retrieved on:

火曜日, 4月 23, 2024

Professional Services, Residential Building & Real Estate, Finance, Construction & Property, REIT, Accounting, Investment, Nature, RIC, Annual report, Trustee, Consumption tax, Internal Revenue Code, IRC, NOL, Person, Security (finance)

Ellington Credit Company (“Ellington Credit” or the “Company”) (NYSE: EARN) announced today that it has adopted a shareholder rights plan designed to protect shareholder value by preserving the availability of the Company’s net operating loss carryforwards (“NOLs”) and other tax attributes under the Internal Revenue Code of 1986, as amended (the “IRC”) (such plan, the “Tax Asset Preservation Plan”).

Key Points:

Ellington Credit Company (“Ellington Credit” or the “Company”) (NYSE: EARN) announced today that it has adopted a shareholder rights plan designed to protect shareholder value by preserving the availability of the Company’s net operating loss carryforwards (“NOLs”) and other tax attributes under the Internal Revenue Code of 1986, as amended (the “IRC”) (such plan, the “Tax Asset Preservation Plan”).
The Tax Asset Preservation Plan is substantially similar to those adopted by numerous other public companies with significant NOLs.
The Company’s Board of Directors has the discretion to exempt any person or group from the provisions of the Tax Asset Preservation Plan.
Additional information about the Tax Asset Preservation Plan will be available on a Form 8-K to be filed by the Company with the U.S. Securities and Exchange Commission.

Empowering Sustainable Living: Earth Day Initiatives Feature Significant Price Drops

Retrieved on:

水曜日, 4月 17, 2024

We are excited to unveil substantial price reductions on our flagship solar generators, with major units dropping from $200.

Key Points:

We are excited to unveil substantial price reductions on our flagship solar generators, with major units dropping from $200.
For example, the original price of E3000 Pro + 2x SolarSaga 200W is $3999, and the new price after price reduction is $3699.
The original price of E2000 Plus + 2x SolarSaga 200W is $3299, and after we adjust the price it is $3099.
Join us in celebrating Earth Day by embracing the power of solar energy and taking advantage of our exciting offers.

IBHS ranks hurricane coast states on building code adoption, enforcement

Retrieved on:

火曜日, 4月 23, 2024

Weather, Hurricane season, Insurance, Risk, IBHS, Research, Business, Hurricane Andrew, State, IRC

RICHBURG, S.C., April 23, 2024 /PRNewswire/ -- As hurricane season approaches, the Insurance Institute for Business & Home Safety (IBHS) today released the fifth edition of Rating the States, which evaluates building code adoption, enforcement and contractor licensing in the 18 states along the hurricane coastline from Texas to Maine. The signature study found that while some states work to ensure homes are resilient against extreme weather, many communities remain vulnerable because state or local jurisdictions have failed to adopt or enforce modern building codes or have allowed their codes to lapse and become outdated.

Key Points:

Less than 35 percent of Americans live in communities with an adopted modern building code.
IBHS conducts Rating the States every three years to coincide with the building code cycle.
Since 2008, no state in the report has adopted a new residential code and enacted uniform statewide enforcement of that code.
Giammanco notes that inconsistent code adoption and enforcement resulted in catastrophic losses when Florida was impacted by Hurricane Andrew, which ultimately led to the state's focus on a strong code environment.

Junshi Biosciences Announces Approval of the sNDA for Toripalimab for the 1st-Line Treatment of Renal Cancer

Retrieved on:

日曜日, 4月 7, 2024

Renal carcinoma is the third most common malignancy of the urinary system globally, and RCC accounts for 80%~90% of all cases of renal carcinoma.

Key Points:

Renal carcinoma is the third most common malignancy of the urinary system globally, and RCC accounts for 80%~90% of all cases of renal carcinoma.
There were approximately 77,000 new cases of and 46,000 deaths due to renal carcinoma in China in 2022.
Distant metastasis occurred in about one-third of renal carcinoma patients at initial diagnosis, and in 20%-50% of localized patients after nephrectomy.
“The approval of toripalimab combined with axitinib addresses the gap in first-line immunotherapy for renal cancer in China.