EHI

Enact Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 6, 2024

RALEIGH, N.C., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Enact Holdings, Inc. (Nasdaq: ACT) today announced financial results for the fourth quarter of 2023.

Key Points: 
  • Persistency was 86%, up from 84% in the third quarter of 2023 and flat as compared to the fourth quarter of 2022.
  • Losses incurred for the fourth quarter of 2023 were $24 million and the loss ratio was 10%, compared to $18 million and 7%, respectively, in the third quarter of 2023 and $18 million and 8%, respectively, in the fourth quarter of 2022.
  • This compares to third quarter 2023 results of 14.9% and 14.9%, respectively, and to fourth quarter 2022 results of 14.0% and 14.4%, respectively.
  • Enact will discuss fourth quarter financial results in a conference call tomorrow, Wednesday, February 7, 2024, at 8:00 a.m. (Eastern).

AM Best Affirms Credit Ratings of Employers Holdings, Inc. and Its Subsidiaries

Retrieved on: 
Tuesday, December 19, 2023

Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” (Good) and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of Employers Holdings, Inc. (EHI) [NYSE: EIG], the publicly traded ultimate parent of Employers.

Key Points: 
  • Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” (Good) and the indicative Long-Term Issue Credit Ratings (Long-Term IR) of Employers Holdings, Inc. (EHI) [NYSE: EIG], the publicly traded ultimate parent of Employers.
  • The outlook of these Credit Ratings (ratings) is positive.
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Enlightened Hospitality Investments (EHI) Partners with Qu to Accelerate Innovation for the Restaurant Industry

Retrieved on: 
Wednesday, November 15, 2023

EHI focuses on investing in high-growth, category-leading companies, with an emphasis on technologies that fuel improved guest and employee experiences.

Key Points: 
  • EHI focuses on investing in high-growth, category-leading companies, with an emphasis on technologies that fuel improved guest and employee experiences.
  • “Qu’s technology embodies the essence of Enlightened Hospitality, enriching both the guest and employee journey,” said Danny Meyer.
  • “By unifying the fractured digital and in-store ordering ecosystem, Qu creates a smoother, more efficient environment for valued restaurant team members, empowering them to deliver extraordinary guest experiences.
  • The new investments will further accelerate Qu’s innovation and growth as it continues on its journey to become the partner of choice for large QSR and Fast Casual brands.

Darena Solutions, Leidos and SLI Compliance Announce Strategic Initiative to Launch Healthcare Apps Verification Program with Focus on AI

Retrieved on: 
Tuesday, December 12, 2023

This new program aims to bridge this gap, offering developers, providers, and end-users support for safe, effective, and seamless AI application integration and deployment.

Key Points: 
  • This new program aims to bridge this gap, offering developers, providers, and end-users support for safe, effective, and seamless AI application integration and deployment.
  • Leidos and SLI Compliance recognize the transformative potential of AI in healthcare.
  • "SLI Compliance is grateful for the opportunity to collaborate with Darena Solutions in leveraging their MeldRx platform in the verification of AI applications using SMART on FHIR.
  • The initiative will focus on:
    Vetting AI Apps: Reviewing AI-driven apps for alignment with clinical, technical, and ethical standards.

Patient Identification Crucial to Patient Safety and Quality Healthcare

Retrieved on: 
Thursday, September 28, 2023

HOBOKEN, N.J., Sept. 28, 2023 /PRNewswire-PRWeb/ -- Messaging Architects, an eMazzanti Technologies Company and information governance expert, explains patient identification challenges in a new article. The informative article first asserts that patient identification and patient matching directly affect the quality, safety, and efficiency of healthcare delivery.

Key Points: 
  • The informative article first asserts that patient identification and patient matching directly affect the quality, safety, and efficiency of healthcare delivery.
  • in a digital era of electronic health records (EHRs) and patient portals, patient identification proves increasingly complex.
  • He then reviews some common patient identification risks, including record duplication, patient record overlay, and patient misidentification.
  • Below are a few excerpts from the article, " Patient Identification Crucial to Patient Safety and Quality Healthcare ."

Prevent Information Blocking and Ensure Cures Act Compliance

Retrieved on: 
Thursday, September 21, 2023

HOBOKEN, N.J., Sept. 21, 2023 /PRNewswire-PRWeb/ -- Messaging Architects, an eMazzanti Technologies Company and information governance expert, explains how to prevent information blocking Cures Act violations in a new article. The informative article first asserts that many organizations have yet to fully understand and comply with the law's provisions.

Key Points: 
  • HOBOKEN, N.J., Sept. 21, 2023 /PRNewswire-PRWeb/ -- Messaging Architects, an eMazzanti Technologies Company and information governance expert , explains how to prevent information blocking Cures Act violations in a new article.
  • The author then explains that the Cures Act facilitates the access and exchange of electronic health information (EHI) among authorized parties.
  • He concludes by discussing best practices to simplify Cures Act compliance, including conducting a gap analysis and educating both staff and stakeholders about the implications of the information blocking rule.
  • Below are a few excerpts from the article, " Prevent Information Blocking and Ensure Cures Act Compliance ."

AM Best Assigns Credit Ratings to Enact Holdings, Inc. and Operating Subsidiaries

Retrieved on: 
Tuesday, August 1, 2023

The ratings of the Enact US-domiciled companies reflect their balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).

Key Points: 
  • The ratings of the Enact US-domiciled companies reflect their balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).
  • AM Best assesses the Enact US-domiciled companies’ business profile as limited because the companies are monoline mortgage insurers.
  • 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 Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Chip City Opens Newest Location on Madison and 96th Street Carnegie Hill on its Path to Cross 40 Open Stores by the End of 2023

Retrieved on: 
Thursday, July 13, 2023

NEW YORK, July 13, 2023 Chip City Cookies, the gourmet cookie brand that rotates its flavorful and sizable cookies every week, is opening a new location on Madison and 96th Street in Carnegie Hill on July 13th.

Key Points: 
  • NEW YORK, July 13, 2023 Chip City Cookies, the gourmet cookie brand that rotates its flavorful and sizable cookies every week, is opening a new location on Madison and 96th Street in Carnegie Hill on July 13th.
  • The new Chip City location, which is located at 1371 Madison Avenue in New York City is the latest addition to the brand's growing footprint as it plans to cross 40 open units by the end of 2023 and strengthen its position in the competitive cookie segment.
  • This location will also be one of several Chip City Cookies that offers scoops of ice cream on top of the delicious cookies!
  • "We are thrilled to open our doors on Madison and 96th Street in Carnegie Hill," said Chip City founder and CEO Peter Phillips.

Redox Survey Reveals That Clinical Integration Challenges are Slowing Cloud Adoption for 97% of Provider Organizations

Retrieved on: 
Tuesday, June 13, 2023

The survey uncovered strategic cloud investment priorities for large healthcare organizations, including current and future use cases and desired business outcomes for cloud technology, as well as roadblocks to realizing those outcomes at scale.

Key Points: 
  • The survey uncovered strategic cloud investment priorities for large healthcare organizations, including current and future use cases and desired business outcomes for cloud technology, as well as roadblocks to realizing those outcomes at scale.
  • Findings are published in their new report " Uncovering hidden data roadblocks of cloud and AI adoption in healthcare ."
  • When evaluating future use cases, 97% of provider executives stated that ingesting real-time clinical data is crucial to their enablement – but only 3% haven't encountered any challenges when attempting to ingest clinical data into the cloud .
  • 86% of cloud integration projects take longer than 6 months to complete, while 34% take longer than 12 months.

Chip City Cookies Expands on Long Island: Newest Location Coming to Merrick, NY

Retrieved on: 
Wednesday, June 7, 2023

LONG ISLAND, N.Y., June 7, 2023 /PRNewswire-PRWeb/ -- Chip City Cookies continues to make New York the gourmet Cookie State with the announcement of its newest location to come to 2012 Merrick Road on Long Island. With six franchise leases secured throughout the state and preparing to open their doors in 2023, the popular cookie brand has launched their latest storefront in the heart of the New York City suburbs. The brand has quickly earned a reputation for quality and variety in the gourmet cookie segment, and this third Long Island franchise marks the half-way point of their New York expansion plans for the year.

Key Points: 
  • LONG ISLAND, N.Y., June 7, 2023 /PRNewswire-PRWeb/ -- Chip City Cookies continues to make New York the gourmet Cookie State with the announcement of its newest location to come to 2012 Merrick Road on Long Island.
  • "We are thrilled to be opening our doors six times throughout New York this year," said Chip City Cookies founder and CEO Peter Phillips.
  • Chip City Cookies has been enjoying a growing popularity thanks to a reputation for creative, flavorful combinations mixed with traditional baking principles and generous cookie portions.
  • With several opportunities for revenue streams and a commitment to quality, variety and expansion, it's clear that Chip City Cookies is on the precipice of a cookie revolution!