Drycleaners owner

Press Releases

Get the latest news on research studies, quarterly earnings, new team members and more.

SELECT PRESS RELEASES BY YEAR

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2006-2008

A.M. Best Affirms Ratings of Employers Holdings, Inc. and its Subsidiaries

RENO, Nev. – December 12, 2014 – Employers Holdings, Inc. (NYSE: EIG) (EMPLOYERS®) today announced insurance rating bureau A.M. Best has affirmed the financial strength rating of A- (Excellent) and issuer credit ratings (ICR) of "a-" of Employers Insurance Group and its four pooled property/casualty operating subsidiaries, Employers Insurance Company of Nevada (EICN) (Nevada), Employers Compensation Insurance Company (ECIC) (California), Employers Preferred Insurance Company (EPIC) and Employers Assurance Company (EAC) (both of Florida). Concurrently, A.M. Best has affirmed the ICR of “bbb-” of EMPLOYERS parent holding company, Employers Holdings, Inc.

Read More

Employers Holdings, Inc. Appoints Terry Eleftheriou as Executive Vice President, Chief Financial Officer

Reno, Nevada – November 5, 2014 – Employers Holdings, Inc. (NYSE: EIG), America’s small business insurance specialist®, today announced the appointment of Terry Eleftheriou as its executive vice president, chief financial officer, with responsibility for the Company’s Financial Reporting, Treasury, Corporate Planning, Investor Relations and Internal Audit Departments. Eleftheriou’s employment with the Company will commence on November 10, 2014.

Read More

Employers Holdings, Inc. Reports Third Quarter 2014 Earnings and Declares Fourth Quarter 2014 Dividend

Reno, Nevada-October 29, 2014-Employers Holdings, Inc. (“EHI” or the “Company”) (NYSE:EIG) today reported third quarter net income of $15.2 million or $0.47 per diluted share in 2014 compared to $27.6 million or $0.86 per diluted share in 2013. Net income includes the impacts of the re-allocation of reserves from non-taxable to taxable periods and three items related to the Loss Portfolio Transfer ("LPT") Agreement: reserve adjustments, adjustments to the contingent profit commission, and amortization of the deferred reinsurance gain. Higher net income in the third quarter of 2013 was primarily attributable to a $10.1 million favorable LPT reserve adjustment and a $5.0 million decrease in income taxes which was related to the re-allocation of non-taxable reserves to taxable periods during the third quarter of 2013.

Read More

EMPLOYERS’ Ranney Pageler Named Chair of the Property Casualty Insurers Association of America Fraud Committee

EMPLOYERS (NYSE: EIG), America's small business insurance specialist®, today announced that Ranney Pageler, vice president of fraud investigations, has been named chair of the Property Casualty Insurers Association of America (PCI) Fraud Committee. Pageler will serve a two-year term in this role. Prior to being selected chair, Pageler served as vice chair of the committee. Additionally, Pageler has served on the association’s Fraud sub-committee since 2010.

Read More

EMPLOYERS Names Martha S. Collins as Vice President, Regional Sales

EMPLOYERS® (NYSE: EIG), America's small business insurance specialist®, has named Martha Collins as vice president, regional sales for the eastern region. With more than 19 years of experience in the insurance industry, Collins brings to EMPLOYERS strong experience in sales and business development.

Read More

Employers Holdings, Inc. Schedules Third Quarter 2014 Earnings Release and Conference Call

RENO, Nev.—October 9, 2014—Employers Holdings, Inc. (NYSE:EIG), a Nevada-based company whose subsidiaries are specialty providers of workers’ compensation insurance focused on small businesses, will review the company’s third quarter 2014 financial results during a conference call and webcast Thursday, October 30, 2014, at 8:30 a.m. PDT. The webcast will be accessible on the Employers Holdings, Inc. web site at www.employers.com through the “Investors” link.

Read More

EMPLOYERS Names Kimberly K. Hulse as Vice President, Regional Sales

EMPLOYERS (NYSE: EIG), America's small business insurance specialist®, has named Kimberly K. Hulse as vice president, regional sales for the western region. With more than 25 years of experience in the insurance industry, Hulse brings to EMPLOYERS strong experience in sales and agency management. This position will work under the direction of the senior vice president and chief sales officer, and focus on business opportunities that are consistent with EMPLOYERS’ underwriting and financial objectives in the western region.

Read More

EMPLOYERS Expands Pharmacy Services with Healthcare Solutions After Effective Pilot Program

Healthcare Solutions, the parent company of Cypress Care, Procura Management, ScripNet and Modern Medical, today announced the expansion of its workers compensation pharmacy management partnership with EMPLOYERS, America's small business insurance specialist®

Read More

EMPLOYERS Launches Hotline to Help Florida Small Businesses Manage Injuries and Illnesses

EMPLOYERS®, America's small business insurance specialist®, has launched Coventry/NT24, a 24-hour hotline staffed by registered nurses who are specially trained to provide medical guidance over the phone for work-related injuries or illnesses. Coventry/NT24 is staffed by English- and Spanish-speaking nurses with accommodations available for other languages and is available to EMPLOYERS workers’ compensation policyholders in the state of Florida.

Read More

EMPLOYERS Announces Partnership with Montana Chamber of Commerce

EMPLOYERS, America’s small business insurance specialist®

Read More

Employers Holdings, Inc. Reports Second Quarter 2014 Earnings and Declares Third Quarter 2014 Dividend

Reno, Nevada-July 30, 2014-Employers Holdings, Inc. (“EHI” or the “Company”) (NYSE:EIG) today reported second quarter 2014 net income of $45.6 million or $1.42 per diluted share.

Read More

Only 1 in 5 Small Businesses are Hiring Student Workers This Summer

RENO, Nev., June 24, 2014 – Summer jobs at local restaurants, retail stores, medical offices and many other small businesses may be hard to come by for student workers this summer. A new poll of small business owners by EMPLOYERS® (NYSE: EIG), America's small business insurance specialist®, found that only one in five (19 percent) are planning to hire student workers this summer. Summer jobs at small businesses will remain flat compared to last year.

Read More

Employers Holdings, Inc. Announces Upcoming Meetings with Investors

RENO, Nev., May 21, 2014 – Employers Holdings, Inc. (NYSE:EIG), today announced that senior management will be meeting with investors in the northeastern United States from June 3 through June 5, 2014.

Read More

EMPLOYERS Names Aaron Mikulsky Senior Vice President, Business and Policyholder Services

EMPLOYERS has named Aaron Mikulsky as senior vice president, business process and policyholder services. With more than 19 years of experience in the insurance industry, Mikulsky brings to EMPLOYERS strong experience in underwriting, information technology, operations, and business process reengineering. He joins EMPLOYERS from CNA, where he was the small business underwriting director – strategy and analytics. Prior to that, Mikulsky held various positions with Arch Insurance Group.

Read More

EMPLOYERS Names Larry Rogers Senior Vice President and Chief Underwriting Officer

EMPLOYERS has named Larry Rogers senior vice president and chief underwriting officer. With more than 25 years of experience in the insurance industry, he brings to EMPLOYERS a strong underwriting background, both from a corporate office perspective, as well as deep experience as a field underwriter. He is well versed on developing strategies and building tactics to ensure profitable growth, and is familiar with web based underwriting systems for small business policyholders. Rogers has substantial experience within the state of California, in particular with small business markets. He will be based out of EMPLOYERS' headquarters in Reno, Nevada.

Read More

EMPLOYERS Names Frank Buonomo Vice President, IT Infrastructure and Operations

EMPLOYERS has named Frank Buonomo vice president of IT infrastructure and operations. With more than 20 years of experience in the information technology field, Buonomo brings to EMPLOYERS a wealth of experience developing and integrating software, computing and networking systems to reduce operating expenses; developing cost effective business solutions; and executing IT projects. He will be based out of EMPLOYERS' corporate headquarters in Reno, Nevada.

Read More

Employers Holdings, Inc. Reports First Quarter 2014 Earnings and Declares Second Quarter 2014 Dividend

Employers Holdings, Inc. (“EHI” or the “Company”) (NYSE:EIG) today reported first quarter 2014 net income of $10.8 million or $0.34 per diluted share. Net income in the first quarter of 2013 was $7.5 million or $0.24 per diluted share. Net income includes amortization of the deferred reinsurance gain related to the Loss Portfolio Transfer (“LPT”) Agreement. Consolidated net income before the impact of the LPT deferred reinsurance gain (the Company's non-GAAP measure described below) was $6.5 million or $0.20 per diluted share in the first quarter of 2014 and $3.5 million or $0.11 per diluted share in the first quarter of 2013.

Read More

Employers Holdings, Inc. Names Lori A. Brown Senior Vice President, Deputy General Counsel

RENO, Nev.— April 22, 2014— Employers Holdings, Inc. (NYSE: EIG), America's small business insurance specialist®, today announced that Lori A. Brown has been promoted to senior vice president, deputy general counsel. She is the company’s primary attorney for employment and executive compensation law, is assistant corporate secretary to the holding company and corporate secretary to all of the Company’s subsidiaries, and works extensively with the company’s statutory, regulatory and public company filings. Ms. Brown previously served as vice president, deputy general counsel, a position she held with EMPLOYERS since 2007. She is based out of the company’s San Francisco and Walnut Creek, Calif. offices.

Read More

EMPLOYERS Names Barry J. Vogt, Chief Claims Officer, Senior Vice President

EMPLOYERS (NYSE: EIG), America's small business insurance specialist®, has named Barry J. Vogt chief claims officer, senior vice president. He leads EMPLOYERS’ claim operations group and is responsible for claims strategy, medical management/managed care strategy, catastrophic claim management, fraud investigations, claim controls, regulatory compliance and subrogation effectiveness.

Read More

Employers Holdings, Inc. Names Richard P. Hallman, Executive Vice President, Chief Information Officer

Employers Holdings, Inc. (NYSE: EIG) today announced that effective April 21, 2014, Richard P. Hallman has been promoted to executive vice president, chief information officer, overseeing all of EMPLOYERS information technology departments. Hallman previously served as senior vice president, chief information officer, a position he held with EMPLOYERS since 2010. He will continue to be located in EMPLOYERS headquarters in Reno, Nevada.

Read More

Employers Holdings, Inc. Schedules First Quarter 2014 Earnings Release and Conference Ca

Employers Holdings, Inc. (NYSE:EIG), a Nevada-based company whose subsidiaries are specialty providers of workers’ compensation insurance focused on small businesses, will review the company’s first quarter 2014 financial results during a conference call and webcast Thursday, May 1, 2014, at 8:30 a.m. PDT. The webcast will be accessible on the Employers Holdings, Inc. web site at www.employers.com through the “Investors” link.

Read More

Employers Holdings Announces Planned Retirement of CFO - National Search for Successor to be Initiated

Read More

EMPLOYERS Recognized by American Heart Association as a Fit-Friendly Worksite

EMPLOYERS was recognized on April 2, 2014 by the American Heart Association as a Gold-level Fit-Friendly Worksite in Northern Nevada. This means EMPLOYERS

Read More

EMPLOYERS Names Russel J. Newman, Chief Sales Officer, Senior Vice President

EMPLOYERS has named Russel J. Newman chief sales officer, senior vice president. With more than 12 years of experience in the insurance industry, and over 20 years of management experience he brings to EMPLOYERS a wealth of experience from various regional and corporate roles throughout his career.

Read More

EMPLOYERS Named Software Company of the Year by Nevada’s Center for Entrepreneurship and Technology

RENO, Nev.-- March 24, 2014 --Nevada’s Center for Entrepreneurship and Technology (NCET) has recognized EMPLOYERS®, America’s small business insurance specialist®, as its Software Company of the Year.

Read More

1 in 10 Small Businesses Had Employees “Working Under the Influence” Last Year

One in 10 small businesses had employees show up for work last year while under the influence of at least one controlled substance, a 2014 study by EMPLOYERS has found.

Read More

Workplace Safety Is Top Risk Concern for Small Businesses in 2014, Survey Finds

There is good news for the millions of Americans who work for small businesses. Keeping employees safe at work is a top concern for small business owners, according to a survey sponsored by EMPLOYERS

Read More

Employers Holdings, Inc. Reports Fourth Quarter and Full Year 2013 Earnings and Declares First Quarter 2014 Dividend

Employers Holdings, Inc. (“EHI” or the “Company”) (NYSE:EIG) today reported fourth quarter 2013 net income of $14.2 million or $0.44 per diluted share compared with net income of $87.8 million or $2.82 per diluted share in the fourth quarter of 2012. Full year net income was $63.8 million or $2.00 per diluted share in 2013 compared with $106.9 million or $3.37 per diluted share in 2012.

Read More

Employers Holdings, Inc. Schedules Fourth Quarter and Full Year 2013 Earnings Release and Conference Call

Employers Holdings, Inc. (NYSE:EIG), a Nevada-based company whose subsidiaries are specialty providers of workers’ compensation insurance focused on small businesses, will review the company’s fourth quarter and full year 2013 financial results during a conference call and webcast Thursday, February 20, 2014, at 8:30 a.m. PT.

Read More