Farmers Insurance Group

Farmers National Banc Corp. Declares Quarterly Cash Dividend

Retrieved on: 
Tuesday, November 22, 2022

On November 22, 2022, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.17 per share, representing a 21% increase over the same period last year.

Key Points: 
  • On November 22, 2022, the Board of Directors of the Farmers National Banc Corp. (NASDAQ: FMNB) declared a quarterly cash dividend of $0.17 per share, representing a 21% increase over the same period last year.
  • On behalf of Farmers Board of Directors and Leadership Team, I am proud of the significant growth in our quarterly cash dividend payment, said Kevin J. Helmick, President and CEO of Farmers.
  • The 21% year-over-year increase in our quarterly cash dividend follows a 27% increase last year and marks the seventh consecutive year we have increased our annual dividend payment.
  • Farmers National Banc Corp.s wholly-owned subsidiaries are comprised of The Farmers National Bank of Canfield, a full-service national bank engaged in commercial and retail banking with 46 banking locations in Mahoning, Trumbull, Columbiana, Stark, Summit, Portage, Wayne, Medina, Geauga and Cuyahoga counties in Ohio and Beaver County in Pennsylvania; Farmers Trust Company, which operates five trust offices and offers services in the same geographic markets and Farmers National Insurance, LLC.

Marias Technology Hired by Farmers Insurance Company of Flemington

Retrieved on: 
Thursday, November 10, 2022

COVINGTON, Ohio, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Marias Technology, a provider of software testing and implementation services to the insurance industry, has been contracted by Farmers Insurance Company of Flemington (Farmers of Flemington) to assist with testing on the companys policy administration system.

Key Points: 
  • COVINGTON, Ohio, Nov. 10, 2022 (GLOBE NEWSWIRE) -- Marias Technology, a provider of software testing and implementation services to the insurance industry, has been contracted by Farmers Insurance Company of Flemington (Farmers of Flemington) to assist with testing on the companys policy administration system.
  • Were very grateful for this opportunity to work with Farmers of Flemington, said R. Christopher Chris Haines, President and CEO of Marias.
  • Marias Technology, headquartered in Covington, Ohio, a privately held company, offers insurance technology services to property/casualty insurance companies.
  • Founded in 1856, Farmers Insurance Company of Flemington provides property and casualty insurance protection to individuals and businesses across New Jersey.

ICMI’s Contact Center Expo United the Contact Center Industry for Four Days of Learning and Networking

Retrieved on: 
Tuesday, November 8, 2022

Tara Gibb, Senior Director, ICMIs Contact Center Expo, said, It was wonderful to gather the contact center industry together.

Key Points: 
  • Tara Gibb, Senior Director, ICMIs Contact Center Expo, said, It was wonderful to gather the contact center industry together.
  • Additionally, we presented ICMI's Global Contact Center Awards to the top companies, contact centers, and individuals in the industry.
  • ICMIs Contact Center Expo delivers insight on critical topics and issues pertinent to the contact center industry.
  • ICMIs Global Contact Center Awards winners:
    Customer Hero of the Year: Davy Kesner, Frontier
    Best Strategic Value to the Organization: Gusto and Concentrix and Grypp Corp. (tie)
    Best Learning and Development Program: Trex
    On April 12-13, 2023, ICMIs Contact Center Expo will present a digital event for the contact center industry.

APGA Tour Reaches Landmark Moment With $1 Million in Prize Money and Bonuses for 2022 Season

Retrieved on: 
Thursday, November 3, 2022

LOS ANGELES, Nov. 3, 2022 /PRNewswire/ -- Officials with APGA Tour, a non-profit organization with the mission to prepare African Americans and other minority golfers to compete and win at the highest level of professional golf, today announced that Farmers Insurance® has committed an additional $25,000 for the APGA Tour Farmers Insurance® Fall Series Finale. This additional prize money means that for the first time in APGA Tour history, prize and bonus payouts for players will reach $1 million in a single season.

Key Points: 
  • This additional prize money means that for the first time in APGA Tour history, prize and bonus payouts for players will reach $1 million in a single season.
  • It's fitting that we hit this truly remarkable milestone with a contribution from Farmers12 years later," said APGA Tour CEO Ken Bentley.
  • The support of the PGA TOUR and their partners has been instrumental as well in the APGA Tour accomplishing this landmark moment."
  • The APGA Tour Farmers Insurance Fall Series was designed to further the APGA Tour's mission of bringing greater diversity to the game of golf and to provide additional playing and earning opportunities to APGA Tour players.

Farmers Insurance Exchange First U.S.-based Insurer to Become Signatory of the United Nations Principles for Sustainable Insurance

Retrieved on: 
Wednesday, November 2, 2022

WOODLAND HILLS, Calif., Nov. 2, 2022 /PRNewswire/ -- Increasing frequency and severity of natural disasters and other stressors across the United States and around the globe are exacting a greater toll on communities and neighborhoods of every kind. To help focus its efforts on developing innovative initiatives to reduce risk and intensify existing sustainability strategies, Farmers Insurance Exchange announced today it has become the first U.S.-based insurer to sign onto the United Nations Environment Programme Finance Initiative's Principles for Sustainable Insurance (the Principles), an international framework for the global insurance industry to address environmental, social and governance risks and opportunities. With this announcement, Farmers® joins over 200 organizations worldwide who have publicly committed to the Principles since they were introduced during the UN Conference on Sustainable Development in 2012.

Key Points: 
  • With this announcement, Farmers joins over 200 organizations worldwide who have publicly committed to the Principles since they were introduced during the UN Conference on Sustainable Development in 2012.
  • The United Nations Environment Programme Finance Initiative's (UNEP FI) Principles for Sustainable Insurance serves as a global framework for the insurance industry to address environmental, social and governance risks and opportunities.
  • "Farmers Insurance" and "Farmers" are tradenames for a group of insurers providing insurance for automobiles, homes and small businesses and a wide range of other insurance and financial services products.
  • Farmers Insurance Exchange, the largest of the three primary insurers that make up Farmers Insurance, is recognized as one of the largest U.S. companies on the 2022 Fortune 500 list.

AM Best Affirms Credit Ratings of Farmers New World Life Insurance Company and Farmers Reinsurance Company

Retrieved on: 
Friday, October 21, 2022

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a+ (Excellent) of Farmers New World Life Insurance Company (FNWL) (Bellevue, WA).

Key Points: 
  • AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of a+ (Excellent) of Farmers New World Life Insurance Company (FNWL) (Bellevue, WA).
  • At the same time, AM Best has affirmed the FSR of A (Excellent) and the Long-Term ICR of a (Excellent) of Farmers Reinsurance Company (Farmers Re) (Woodland Hills, CA).
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Bests Credit Ratings, Bests Performance Assessments, Bests Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Bests Ratings & Assessments .

It's Finally Here! Toyota Auto Insurance Comes to Texas

Retrieved on: 
Wednesday, October 19, 2022

PLANO, Texas, Oct. 19, 2022 /PRNewswire/ -- Toyota Auto Insurance, the automaker's branded insurance product, is now available to customers residing in Texas. Introduced to select markets in 2021, Toyota Auto Insurance offers customers quality, customizable coverage at affordable rates. Expanding into the Lone Star State represents a major milestone for Toyota Auto Insurance. Not only is Texas the nation's second most populous state, it's also home to Toyota's North American headquarters and Toyota Motor Manufacturing, Texas (TMMTX). The San Antonio manufacturing facility produces the Toyota Tundra full-size pickup truck and Sequoia three-row SUV.

Key Points: 
  • PLANO, Texas, Oct. 19, 2022 /PRNewswire/ -- Toyota Auto Insurance, the automaker's branded insurance product, is now available to customers residing in Texas.
  • Toyota Auto Insurance is underwritten in Texas by Texas County Mutual Insurance Company.
  • "We're thrilled to expand Toyota Auto Insurance to customers in our home state," said Rob Spencer, Toyota Insurance chief operating officer.
  • Toyota Insurance is a brand name of Toyota Insurance Management Solutions USA, LLC an independent licensed insurance agency specializing in Property & Casualty insurance offerings, partnering with top insurance companies to allow customers to choose the best options for their needs.

CP Group Announces 30,000 sf in New Leasing at Northpoint Center in Lake Mary, Florida

Retrieved on: 
Wednesday, October 12, 2022

CP Group , the largest office landlord in Florida and a prominent owner-operator of office properties throughout the Sunbelt, today announced five new leasing agreements at Northpoint Center its three-building, 334,000-square-foot office development in Lake Mary, Fla.

Key Points: 
  • CP Group , the largest office landlord in Florida and a prominent owner-operator of office properties throughout the Sunbelt, today announced five new leasing agreements at Northpoint Center its three-building, 334,000-square-foot office development in Lake Mary, Fla.
  • The deals bring Northpoints total leasing activity over the last four months to approximately 30,000 square feet.
  • Farmers Insurance, the leading insurer of vehicles, homes, and small businesses, has signed a lease for 5,690 square feet within Northpoint II.
  • Northpoint Center is in the desirable Lake Mary/Heathrow/Primera submarket of Orlando, which leads the market in population growth and housing values.

Farmers Group, Inc. Announces Raul Vargas to Succeed Jeff Dailey as President & Chief Executive Officer

Retrieved on: 
Wednesday, October 5, 2022

WOODLAND HILLS, Calif., Oct. 5, 2022 /PRNewswire/ -- Farmers Group, Inc. (FGI), the Los Angeles-based subsidiary of Zurich Insurance Group announced today that Raul Vargas has been appointed to the position of Farmers Group, Inc. President & Chief Executive Officer effective January 1, 2023, when current President & CEO Jeff Dailey will step down and continue as Chairman of the Farmers Group, Inc. Board of Directors. Mr. Vargas will also become a member of the Farmers Group, Inc. Board of Directors effective January 1, 2023.

Key Points: 
  • From 2008 to 2011, he served as Farmers Group, Inc. Executive Vice President of Personal Lines pushing forward new and innovative products for the organization.
  • In 2011, Mr. Dailey was promoted to President and Chief Operating Officer and became a member of the Farmers Group, Inc. Board of Directors.
  • "Jeff has made a positive impact at Farmers over more than a decade of leadership and service," said Mario Greco, Zurich Group Chief Executive Officer.
  • "We are delighted to have Raul Vargas serve as the 13th President & CEO of Farmers Group, Inc.," continued Greco.

Porch Group Appoints Amanda Reierson and Camilla Velasquez to Board of Directors as Independent Directors

Retrieved on: 
Tuesday, October 4, 2022

SEATTLE, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (Porch Group or the Company) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that Amanda Reierson and Camilla Velasquez have been appointed to its Board of Directors (Board), effective immediately.

Key Points: 
  • SEATTLE, Oct. 04, 2022 (GLOBE NEWSWIRE) -- Porch Group, Inc. (Porch Group or the Company) (NASDAQ: PRCH), a leading vertical software company reinventing the home services and insurance industries, today announced that Amanda Reierson and Camilla Velasquez have been appointed to its Board of Directors (Board), effective immediately.
  • With the appointment of these two accomplished women, Porch Groups Board will comprise eight directors, fifty percent of whom are members of diverse communities.
  • We are very pleased to have Amanda and Camilla join our Board," said Matt Ehrlichman, CEO, Chairman and Founder of Porch Group.
  • Reierson and Velasquez will serve on the Mergers and Acquisitions Committee and the Compensation Committee, respectively.