Citizens

Citizens, Inc. is a holding company, which engages in the provision of insurance and reinsurance services. It operates through the Life Insurance and Home Service Insurance segments. The Life Insurance segment primarily issues ordinary whole life insurance and endowment policies in U.S. dollar-denominated amounts to foreign residents. The Home Service Insurance segment focuses on the life insurance needs of the middle- and lower-income markets. The company was founded by Harold Eugene Riley in 1969 and is headquartered in Austin, TX.

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AUSTIN, Texas, April 16, 2021 /PRNewswire/ -- Citizens, Inc. (NYSE: CIA) today announced that on April 12, 2021, final regulatory approval was granted, enabling the Harold E. Riley Foundation (the "Foundation") to transfer all of the Class B common stock back to Citizens, Inc. As previously disclosed, on February 5, 2021, Citizens, Inc. entered into a Purchase and Sale Agreement with the Foundation to purchase 100% of the Company's Class B common stock from the Foundation at an aggregate purchase price of $9,090,463.80 (the "Class B Transaction") which was paid on March 5, 2021.

Citizens Granted Regulatory Approval To Purchase Class B Shares Giving Control Back To The Company

AUSTIN, Texas, March 22, 2021 /PRNewswire/ -- Citizens National Life Insurance Company, a subsidiary of Citizens, Inc. (NYSE: CIA) recently announced its entrance into the Florida insurance market with a new product and new services that capitalizes upon Citizens' long history selling insurance in Latin America. CNLIC has been in the insurance market since 1965 and entered the Florida market earlier this year, bringing its Whole Life insurance product that offers competitive advantages and its unique value proposition of providing outstanding service and dependable products, tailored for the Spanish and Portuguese speaking people of Florida.

Citizens National Announces Launch Of New Products And Services In Florida

AUSTIN, Texas, March 10, 2021 /PRNewswire/ -- Citizens, Inc. (NYSE: CIA) today announced 2020 financial results showing a Class A loss per share of ($0.22) primarily driven by one-time expenses of $0.19 per share triggered by a change-in-control of the Company.  Excluding this one-time expense, loss per share of Class A common stock was ($0.03) 1 for the full year.

Citizens Announces Q4 And 2020 Financial Results

AUSTIN, Texas, Feb. 9, 2021 /PRNewswire/ -- Citizens, Inc. (NYSE: CIA) today announced that the Harold E. Riley Foundation (the "Foundation") has agreed to dismiss all claims against Citizens and the members of its Board of Directors in connection with the Colorado litigation filed by the...

Citizens Announces Dismissal Of Litigation With Class B Holder And Agreement To Purchase Class B Shares

AUSTIN, Texas, Nov. 4, 2020 /PRNewswire/ -- Citizens, Inc. (NYSE: CIA) today announced Q3 2020 financial results showing a Class A earnings per share decline of $0.20 from Q3 2019 primarily driven by one-time expenses triggered by a Change-in-Control of the Company. Excluding this $10...

Citizens Announces Q3 2020 Financial Results

AUSTIN, Texas, Aug. 5, 2020 /PRNewswire/ -- Citizens, Inc.

Citizens Announces Q2 2020 Financial Results

AUSTIN, Texas, July 30, 2020 /PRNewswire/ -- Citizens, Inc. (NYSE: CIA) today announced that Geoffrey Kolander, President and Chief Executive Officer, has resigned as the Company's President and Chief Executive and as a member of the Board of Directors following the Company's change of.

Citizens Announces CEO & Board Member Departure

News for Citizens Stock (CIA)