Independence Holding Company

Independence Holding Company is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual disability, specialty and supplemental health, pet, and life insurance through its subsidiaries since 1980. The IHC Group is an organization of insurance carriers, and marketing and administrative affiliates that has been providing life, health, disability, dental, and vision insurance solutions to groups and individuals for over 30 years. Members of The IHC Group include Independence Holding Company (NYSE:IHC), Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc., Independence American Insurance Company and IHC Specialty Benefits.

Independence Holding Co. engages in the provision of health, pet and life insurance businesses. It operates through the following segments: Specialty Health, Group Disability, Life, Short-Term Disability (DBL), and Paid Family Leave Rider (PFL), Individual Life, Annuities and Other, and Corporate. The Specialty Health segment consists of its traditional distribution through independent agents and national accounts, and through its call centers, career advisors, generation domains, transaction websites, and legal generation company. The company was founded in 1980 and is headquartered in Stamford, CT.

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Independence American Insurance Company (IAIC) (Wilmington, DE) and Madison National Life Insurance Company (Madison National) (Madison, WI). IAIC and Madison National are insurance subsidiaries of Independence Holding Company (headquartered in Stamford, CT) [NYSE: IHC], a

AM Best Places Credit Ratings of Independence Holding Company and Its Subsidiaries Under Review With Developing Implications

STAMFORD, Conn., May 17, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported its agreement to sell a controlling interest in its pet division and in the stock of Independence American Insurance Company (“Independence American”) to a subsidiary of Iguana Capital, Inc. (“Buyer”), an investment company specifically formed to facilitate this transaction. The transaction is structured as two agreements that are expected to close on different dates.

IHC Announces Agreement to Sell a Controlling Interest in Pet Division and the Stock of Independence American Insurance Company

STAMFORD, Conn., May 06, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2021 first-quarter results.

Independence Holding Company Announces 2021 First-Quarter Results

American Equity Investment Life

AMERISAFE

Brighthouse Financial

Citizens

eHealth

Genworth Financial

GWG Holdings

China Life Insurance Co. Ltd.

Lincoln National

MetLife

Manulife Financial

Primerica

Unum

Vericity Inc

Here are the insurance stocks that are moving in Tuesday's premarket session on the stock market . Gainers Lincoln National Corp (NYSE: LNC) stock fell by 0.35% to $64.78 during Monday's trading session.

Insurance Stock Gainers And Losers In Tuesdays Premarket Session

STAMFORD, Conn., April 20, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, April 15 by Independence Holding Company (NYSE: IHC), please be advised that the paragraph under About Independence Holding Company has been updated. The corrected release follows:

CORRECTION - IHC Announces Agreement to Sell Standard Security Life Insurance Company of New York to Reliance Standard

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with positive implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Standard Security Life Insurance Company of New York (SSL) (New York, NY). SSL is a subsidiary of Independence Holding Company (IHC) (headquartered in Stamford, CT) [NYSE: IHC]; the ratings of IHC and its other insurance subsidiaries remain unchanged. This rating action follows the annou

AM Best Places Credit Ratings of Standard Security Life Insurance Company of New York Under Review With Positive Implications

PHILADELPHIA--(BUSINESS WIRE)--Reliance Standard Life Insurance Company has agreed to acquire Standard Security Life Insurance Company of New York, a leading DBL insurance carrier.

Reliance Standard Agrees to Acquire Top-Tier New York Statutory Insurer

STAMFORD, Conn., April 15, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported its agreement to sell Standard Security Life Insurance Company of New York to Reliance Standard Life Insurance Company, a member of the Tokio Marine Group.

IHC Announces Agreement to Sell Standard Security Life Insurance Company of New York to Reliance Standard

Costco

Johnson & Johnson

American Tower

Aptargroup

American Water Works

Colgate-Palmolive

CareTrust REIT

Dollar General

Dick's Sporting Goods

Fifth Third Bancorp

First Republic

H.B. Fuller

General Dynamics

Horace Mann Educators

Hurco Companies

Independent Bank

Kadant

Lindsay

MGM Growth Properties

M&T Bank

National Health Investors

People's United Financial

Procter & Gamble

Synovus Financial

Southern Company

SpartanNash

Travelers

Value Line

Williams-Sonoma

Watsco

Dividend increases from long-time growth companies were, for the most part, as I expected. Williams-Sonoma surprised with an 11% boost. Three companies expected to announce increases instead held their payout steady.

Johnson & Johnson, Costco Among 11 Companies To Reward Investors With Dividend Boosts In April

STAMFORD, Conn., March 15, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2020 fourth-quarter and annual results.

IHC Announces 2020 Fourth-Quarter and Annual Results

STAMFORD, Conn., Feb. 11, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced that fueled by record growth in pet acquisition and registration, the American Kennel Club (AKC®), the leading advocate for dogs, and PetPartners, Inc. (PPI), its longtime administrator of AKC Pet Insurance (insurance underwritten by Independence American Insurance Company), announced an expanded licensing and marketing agreement which takes their relationship to an unprecedented new level.

Independence Holding Company Announces PetPartners, Inc. and the American Kennel Club Expand Relationship in Response to Record Growth in Pet Ownership

STAMFORD, Conn., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported that AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) for the insurance company subsidiaries of Independence Holding Company.

Independence Holding Company Announces Affirmation of AM Best A- (Excellent) Rating

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” for the subsidiaries of Independence Holding Company (collectively referred to as Independence Holding Company Group or the group) (headquartered in Stamford, CT) [NYSE:IHC]. (See below for a detailed list of companies.) Concurrently, AM Best has affirmed the Long-Term ICR of “bbb-” of Independence Holding Company. The outlook

AM Best Affirms Credit Ratings of Independence Holding Company and Its Subsidiaries

STAMFORD, Conn., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2020 third-quarter and nine-month results.   

Independence Holding Company Announces 2020 Third-Quarter and Nine-Month Results

STAMFORD, Conn., Sept.  09, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported that it has now collected in excess of $5.6 million on the previously announced arbitration award proceeding against a third party administrator with which we formerly did business. IHC will record this award and include it in its third quarter earnings.

Independence Holding Company Announces the Collection of an Arbitration Award

STAMFORD, Conn., Aug.  06, 2020  (GLOBE NEWSWIRE) -- Stamford, Connecticut, August 6, 2020. Independence Holding Company (NYSE: IHC) today reported 2020 second-quarter and six-month results.      

Independence Holding Company Announces  2020 Second-Quarter and Six-Month Results

STAMFORD, Conn., June  11, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (“IHC” or the “Company”) has resumed purchasing its shares of common stock in open market transactions under its stock repurchase program (“Repurchase Program”) now that the ten business day period after the expiration of its recent tender offer to purchase up to 1,000,000 shares has expired.  The intent of the tender offer was to provide liquidity to stockholders seeking to sell their shares of stock, and IHC remains committed to continuing to provide such liquidity even after completion of the tender offer. 

Independence Holding Company Announces Continuation of Providing Liquidity to Its Stockholders

STAMFORD, Conn., May  27, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (“IHC” or the “Company”) announced today the final results of its tender offer to purchase up to 1,000,000 shares of its common stock at a price per share of $27.00, net to the seller in cash, without interest, less any applicable withholding taxes, which expired at 5:00 p.m., Eastern time, on May 21, 2020. Based on the final count by Broadridge Corporate Issuer Solutions, Inc., the Depositary for the tender offer, 36,400 shares of common stock were properly tendered and not withdrawn. Accordingly, IHC accepted for purchase a total of 36,400 shares at a purchase price of $27.00 per share, for an aggregate purchase price of $982,800. 

Independence Holding Company Announces the Final Results of Its Tender Offer to Repurchase up to 1,000,000 Shares of Its Common Stock

STAMFORD, Conn., May  21, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (“IHC” or the “Company”) announced today the preliminary results of its tender offer to purchase up to 1,000,000 shares of its common stock at a price per share of $27.00, net to the seller in cash, without interest, less any applicable withholding taxes, which expired at 5:00 p.m., Eastern time, on May 21, 2020. Based on the preliminary count by Broadridge Corporate Issuer Solutions, Inc., the Depositary for the tender offer, approximately 36,615 shares of common stock were properly tendered and not withdrawn. Accordingly, IHC expects to accept for purchase a total of 36,615 shares at a purchase price of $27.00 per share, for an aggregate purchase price of $988,605.

Independence Holding Company Announces the Preliminary Results of Its Tender Offer to Repurchase up to 1,000,000 Shares of Its Common Stock

STAMFORD, Conn., April  29, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) announced today that it has entered the Medicare Supplement Insurance Market (Medigap), with an initial launch by Independence American Insurance Company (IAIC) in Iowa, Mississippi, Oklahoma and Utah.   By July, we expect to have 15 states, including Texas, and by the 2021 Annual Enrollment Period (AEP) that begins on October 15, 2020, IAIC intends to have Medigap plans in approximately 30 states.  IAIC Medicare Supplement has a variety of plans for consumers that will provide coverage that best meets their needs. IAIC’s first core Medicare Supplement offering will include plans A and F, as well as plans G and N.  The plans have competitive rates, point-of-sale underwriting, easy-to-use e-application with voice signature and e-signature capabilities.

Independence Holding Company Announces Launch of Medicare Supplement Underwritten by Independence American Insurance Company

STAMFORD, Conn., April  24, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) announced today that it has commenced a tender offer to purchase up to 1,000,000 shares of its common stock at a price per share of $27.00, net to the seller in cash, without interest, less any applicable withholding taxes (the “Purchase Price”). The maximum number of shares proposed to be purchased in the tender offer represents approximately 6.8% of the 14,785,565 shares of IHC common stock outstanding as of April 24, 2020 and involves a gross aggregate purchase price of $27 million, assuming the maximum number of shares are tendered. 

Independence Holding Company Announces Commencement of Tender Offer to Repurchase up to 1,000,000 Shares of Its Common Stock

STAMFORD, Conn., April  17, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE:IHC) announced today that it intends to commence a tender offer by the end of this month to purchase up to 1,000,000 shares of its common stock at a price per share of $27.00. The number of shares currently proposed to be purchased in the tender offer represents approximately 6.8% of IHC’s currently outstanding shares of common stock and involves an aggregate purchase price of up to $27 million. 

Independence Holding Company Announces Intention to Commence Tender Offer to Repurchase up to 1,000,000 Shares of its Common Stock

STAMFORD, Conn., April  15, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced the cash acquisition of a marketing technology (“MarTech”) company that generates leads to fuel IHC’s growth in the direct-to-consumer, senior and pet markets.

IHC Announces Acquisition of Tech-Enabled Lead Generation Company to Accelerate Expansion in Direct-to-Consumer, Senior and Pet Markets

STAMFORD, Conn., March  16, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) announced that the Board of Directors has voted to increase the annual cash dividend by 10% to $.44 per share of common stock; and declared its semi-annual cash dividend of $.22 per share of common stock payable to stockholders of record on June 15, 2020, with a payment date of June 29th, 2020.

INDEPENDENCE HOLDING COMPANY ANNOUNCES 10% INCREASE IN ANNUAL CASH DIVIDEND AND DECLARATION OF SEMI-ANNUAL CASH DIVIDEND

STAMFORD, Conn., Jan.  30, 2020  (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced its ramping up of initiatives for the tech-enabled and senior market and expansion of its pet insurance distribution channels.

News for Independence Holding Company Stock (IHC)