National security group

Amentum Team Awarded $45 Billion DOE Hanford Integrated Tank Disposition Contract

Retrieved on: 
Monday, April 17, 2023
Contracts, Defense, Other Defense, U.S. Department of Energy, Office of Inspector General, U.S. Department of Labor, Office of Inspector General, Hanford Tank Waste Treatment and Immobilization Plant, Hanford Site, Immobilization, Radioactive waste, Waste, National security group, DOE, Sakthan Thampuran Bio-Waste Treatment Plant, Primary energy, Columbia River, Waste treatment, Federation, Health, Environment, Plutonium, Safety, Renewable energy, Uranium mining, Amentum

Amentum, a market leader in environmental engineering solutions, announced today that the U.S. Department of Energy (DOE) has awarded the Hanford Integrated Tank Disposition Contract (HITDC) to a consortium that includes Amentum.

Key Points: 
  • Amentum, a market leader in environmental engineering solutions, announced today that the U.S. Department of Energy (DOE) has awarded the Hanford Integrated Tank Disposition Contract (HITDC) to a consortium that includes Amentum.
  • Amentum will bring the most advanced environmental capabilities to safely clean up the Hanford Site near Richland, Washington.
  • The contract was awarded to Hanford Tank Waste Operations & Closure, LLC (H2C), which is a joint venture led by BWXT Technical Services Group, Inc., and includes Amentum and Fluor Federal Services, Inc.
  • The end state closure, single-award, Indefinite Delivery Indefinite Quantity contract has a maximum value of $45 billion over a 10-year ordering period.

The National Security Group, Inc. Announces Executive Promotions

Retrieved on: 
Thursday, March 16, 2023
Finance, Health, Professional Services, Insurance, Health Insurance, Assistant, National security group, Kelly, Presidential Security Group, University, Auburn University at Montgomery, Controller, Customer service, Business administration, Jordan, Bachelor of Science, Troy University, Human resource management, HR, Master of Business Administration, Chief human resources officer, Corporation, Management, Science

The National Security Group, Inc. (the "Company") today announced promotions of three team members.

Key Points: 
  • The National Security Group, Inc. (the "Company") today announced promotions of three team members.
  • All three will report to Ross Aron, the Chief Executive Officer.
  • “It’s a privilege to be able to promote Kelly, Tonya and Laura into their executive roles,” stated Ross Aron.
  • Laura is also the Corporate Secretary and currently serves as Vice President and Assistant Secretary of the Company’s insurance subsidiaries.

AM Best Removes From Under Review with Developing Implications, Affirms Credit Ratings of VR Insurance Holdings, Inc.’s Insurance Subsidiaries

Retrieved on: 
Thursday, December 15, 2022
Insurance, Professional Services, Acquisition, NSFC, Credit, AM Best, Daiwa Securities Group, NSIC, ALM, AM, ALL, National security group, DE, News, Insurance, FSR, ERM, Good, Security Insurance Company, NSEC, Risk, Security (finance), Risk management

The outlook assigned to these Credit Ratings (ratings) is stable.

Key Points: 
  • The outlook assigned to these Credit Ratings (ratings) is stable.
  • At the time of the withdrawal, these ratings were under review with developing implications.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

The Kuma Foundation to Participate in Women at Microsoft D.C.'s 5th Annual Women's Conference

Retrieved on: 
Thursday, September 22, 2022
Engineering, Kimble, Success, Mathematics, Microsoft, Achievement, The Women's Conference, The Garage, Technology, Student, Board, Conference, STEAM, Customer, Education, National security group, Video game, Toy, Woman, Foundation

FAIRFAX, Va., Sept. 22, 2022 /PRNewswire-PRWeb/ -- The Kuma Foundation, a non-profit dedicated to providing STEAM — science, technology, engineering, arts, and mathematics — education and experiences for kids in underserved communities, is proud to announce its participation in Women at Microsoft D.C.'s 5th Annual Women's Conference. The event, "Power Up for Success," is slated for September 29th at The Garage in Reston, Va.

Key Points: 
  • FAIRFAX, Va., Sept. 22, 2022 /PRNewswire-PRWeb/ -- The Kuma Foundation, a non-profit dedicated to providing STEAM science, technology, engineering, arts, and mathematics education and experiences for kids in underserved communities, is proud to announce its participation in Women at Microsoft D.C.'s 5th Annual Women's Conference.
  • Conroy is one of three Microsoft leaders who serves on The Kuma Foundation's Board ( kumacares.org/about ).
  • To learn more about The Kuma Foundation and its work, visit kumacares.org .
  • The Kuma Foundation is committed to ensuring that all students regardless of gender, race, or zip code have access to essential STEAM skills.

Notice of Dismissal of The National Security Group, Inc. Litigation and Agreement Upon Attorneys' Fees

Retrieved on: 
Thursday, August 25, 2022
Complaint, National, The Company, Proxy, Special-purpose acquisition company, Daiwa Securities Group, Person, Board, Defendant, SEC, Court, Review, U.S. Securities and Exchange Commission, Projection, GLOBE, Action, Board of directors, Company, LLC, Notice, Proxy statement, National security group, Online gambling, Plaintiff, Mergers and acquisitions

The purpose of this Notice is to inform you of developments with respect to the putative class action lawsuit captioned Cohen v. Wilkerson, et al., C.A.

Key Points: 
  • The purpose of this Notice is to inform you of developments with respect to the putative class action lawsuit captioned Cohen v. Wilkerson, et al., C.A.
  • 2022-0333-LWW (the "Action"), including the dismissal of the Action and an agreement by Defendants to pay attorneys' fees and expenses to counsel for Plaintiff.
  • As relief, the complaint sought, among other things, an injunction of the Merger, damages, and an award of attorneys' fees.
  • On May 9, 2020, the Company issued a revised preliminary proxy statement (the "Revised Proxy Statement").

VR Insurance Holdings, Inc. and The National Security Group, Inc. Announce Completion of Merger

Retrieved on: 
Thursday, June 30, 2022
Insurance, Professional Services, Failed relocation of the Sacramento Kings, Insurance, Life, Transaction, Research, Computershare, National, Company, Industry, VR, Founder, Sacramento Kings, LLC, NSEC, Technology, National security group, Daiwa Securities Group, Health, City, The Company, NASDAQ, News, NSG, Security (finance), Financial services

The National Security Group, Inc. (NSG or the "Company") (NASDAQ:NSEC) today announced the completion of the previously announced merger with VR Insurance Holdings, Inc., a Delaware corporation (VR Holdings), and VR Insurance Merger Sub, Inc., a Delaware corporation (Merger Sub), pursuant to which NSG will be acquired by VR Holdings.

Key Points: 
  • The National Security Group, Inc. (NSG or the "Company") (NASDAQ:NSEC) today announced the completion of the previously announced merger with VR Insurance Holdings, Inc., a Delaware corporation (VR Holdings), and VR Insurance Merger Sub, Inc., a Delaware corporation (Merger Sub), pursuant to which NSG will be acquired by VR Holdings.
  • Following closing, it is anticipated that VR Holdings will continue to leverage the existing operations and infrastructure of NSGs wholly owned property and casualty and life insurance subsidiaries.
  • The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states.
  • VR Holdings has been formed to serve as the holding company for NSG and potentially other insurance and financial services businesses.

The National Security Group, Inc.’s Special Meeting of the Stockholders

Retrieved on: 
Tuesday, June 21, 2022
Insurance, Professional Services, Delaware General Corporation Law, Commissioner, Form 10-K, Agreement, NSG, Company, Daiwa Securities Group, Securities & Exchange Commission of Pakistan, Adoption, Section, Plan, National, Health, NASDAQ, Acquisition, NSEC, News, Transaction, Alabama Department of Public Health, U.S. Securities and Exchange Commission, Life, National security group, Security (finance), Insurance, Insurance

At the special meeting, NSGs stockholders approved the adoption of the Plan of Merger and approved on a non-binding advisory basis the executive compensation that may be paid or become payable in connection with the transaction contemplated by the Plan of Merger.

Key Points: 
  • At the special meeting, NSGs stockholders approved the adoption of the Plan of Merger and approved on a non-binding advisory basis the executive compensation that may be paid or become payable in connection with the transaction contemplated by the Plan of Merger.
  • The final voting results for each proposal voted on at the special meeting will be set forth in a Form 8-K filed by the Company with the U.S. Securities and Exchange Commission.
  • The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states.
  • VR Holdings is a newly formed Delaware company founded by Vivek Ranadiv and a group of family office and strategic investors.

Alabama Department of Insurance Sets Public Hearing Date for The National Security Group, Inc. and VR Insurance Holdings, Inc. Transaction

Retrieved on: 
Thursday, May 12, 2022
Insurance, Professional Services, NSG, Telephone, Company, Form, U.S. Securities and Exchange Commission, Jordan, News, Transaction, Agreement, Insurance, NASDAQ, Hearing, NSEC, Health, Form 10-K, Daiwa Securities Group, Delaware General Corporation Law, Ownership, Email, Section, National, Alabama Department of Public Health, Life, Board, Plan, Suite, Security (finance), Person, National security group, North Lawrence–Monroe Street Historic District, Acquisition, SEC, Central Time, Online gambling

The National Security Group, Inc. (NASDAQ:NSEC) and VR Insurance Holdings, Inc. (VR Holdings) today announced that the Alabama Department of Insurance (ALDOI) has set a public hearing to consider the proposed acquisition of control of The National Security Group, Inc. (NSG) by VR Holdings.

Key Points: 
  • The National Security Group, Inc. (NASDAQ:NSEC) and VR Insurance Holdings, Inc. (VR Holdings) today announced that the Alabama Department of Insurance (ALDOI) has set a public hearing to consider the proposed acquisition of control of The National Security Group, Inc. (NSG) by VR Holdings.
  • All discovery proceedings must be concluded not later than three days prior to the date of the hearing.
  • VR Holdings is providing this notice to the stockholders of NSG at the direction of the Alabama Insurance Commissioners order dated May 2, 2022.
  • About The National Security Group, Inc
    The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states.

NATIONAL SECURITY GROUP INVESTOR ALERT - Kuznicki Law PLLC Investigates Proposed Sale of The National Security Group, Inc. - NSEC

Retrieved on: 
Wednesday, May 4, 2022
Legal, Professional Services, Company, National security group, National, NSEC, NSG, Daiwa Securities Group, Sale, Security (finance)

Kuznicki Law PLLC is investigating the proposed sale of The National Security Group, Inc. (NSG or the Company) (NasdaqGM: NSEC) to VR Insurance Holdings, Inc.

Key Points: 
  • Kuznicki Law PLLC is investigating the proposed sale of The National Security Group, Inc. (NSG or the Company) (NasdaqGM: NSEC) to VR Insurance Holdings, Inc.
  • Under the terms of the proposed transaction, shareholders of NSG will receive only $16.35 in cash for each share of NSG that they own.
  • If you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, contact us toll free at 833-938-0905, via email ( [email protected] ), or visit https://kclasslaw.com/cases/ma/nasdaqgm-nsec/ to learn more.
  • Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

The National Security Group, Inc. Declares Cash Dividend

Retrieved on: 
Thursday, April 28, 2022
Insurance, Professional Services, National, NASDAQ, Company, Board, Life, Insurance, National security group, Health, Daiwa Securities Group, NSEC

On April 27, 2022, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share.

Key Points: 
  • On April 27, 2022, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share.
  • This cash dividend is payable on May 31, 2022, to shareholders of record May 9, 2022.
  • About The National Security Group, Inc.
  • The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states.