PRI

Hi2 Global Private Credit Fund Awarded Hedgeweek 2023 Best Emerging Manager: Direct Lending

Retrieved on: 
Wednesday, August 23, 2023

NEW YORK, Aug. 23, 2023 /PRNewswire/ -- After achieving robust performance in the volatile year of 2022, Hi2 Global Private Credit Fund (the "Fund") has been awarded the Hedgeweek 2023 Best Emerging Manager Award in the category of Direct Lending.

Key Points: 
  • NEW YORK, Aug. 23, 2023 /PRNewswire/ -- After achieving robust performance in the volatile year of 2022, Hi2 Global Private Credit Fund (the "Fund") has been awarded the Hedgeweek 2023 Best Emerging Manager Award in the category of Direct Lending.
  • Powered by Hedgeweek, a leading information provider for the hedge fund community, and with fund manager data provided by Bloomberg, the Award rewards fund performance and service provider excellence within hedge fund emerging managers.
  • Winners are recommended by Bloomberg based on 2022 Calendar Year fund performance, and voted by the hedge fund community.
  • The Fund is also the winner of Hedgeweek 2021 Best Emerging Manager - Credit Hedge Award.

Primerica Releases Inaugural Household Budget Index™ (HBI™) to Illustrate Purchasing Power of Middle-Income Families

Retrieved on: 
Tuesday, August 22, 2023

It also evaluates whether there are opportunities for middle-income families to save money or pay down debt versus use savings or increase debt.

Key Points: 
  • It also evaluates whether there are opportunities for middle-income families to save money or pay down debt versus use savings or increase debt.
  • Between 2014 and 2020, the HBI™ results recorded steady gains in purchasing power for middle-income families, with a peak of 102.8% in November 2020.
  • See “Chart 1: Primerica HBI™.”
    “Understanding the purchasing power of middle-income households from month-to-month will make our guidance even more precise as we serve the financial needs of middle-income families,” said Glenn J. Williams, CEO of Primerica.
  • Since the baseline of January 2019, the average middle-income household has cumulatively spent around $3,150 more than budget on basic necessities.

EmPRO Insurance Expands to New Jersey, Continuing Strategic Growth across Northeast Region

Retrieved on: 
Thursday, August 17, 2023

Having entered the Pennsylvania market in late 2022 and Connecticut earlier this year with plans to add more states in the next 12 months, EmPRO continues to execute its plan to grow into a major insurer throughout the Northeast.

Key Points: 
  • Having entered the Pennsylvania market in late 2022 and Connecticut earlier this year with plans to add more states in the next 12 months, EmPRO continues to execute its plan to grow into a major insurer throughout the Northeast.
  • “EmPRO brings a differentiated model to the medical malpractice industry that is getting a positive reception from brokers, large group practices, physicians, and other healthcare professionals,” said Bruce Shulan, President and CEO of EmPRO.
  • “Since EmPRO’s launch in 2020, we have built upon our reputation as an excellent insurance provider with the medical community’s best interests firmly at heart.
  • According to the National Practitioner Data Bank, New Jersey is home to the seventh most practitioners in the country – 30,773.

Americans Satisfied With Their Current Health Coverage, Lean Against Single Payer, Finds New PRI Survey

Retrieved on: 
Tuesday, August 15, 2023

90 percent of those surveyed said they were satisfied with their current health insurance plan, compared to 9 percent who said they were dissatisfied.

Key Points: 
  • 90 percent of those surveyed said they were satisfied with their current health insurance plan, compared to 9 percent who said they were dissatisfied.
  • This represents a 4 percent increase in people's satisfaction compared to PRI's 2022 survey.
  • "Americans are satisfied with their current health care plans, and aren't looking for a government takeover of our health care system," said Sally Pipes, PRI President, CEO, and Thomas W. Smith Fellow in Health Care Policy.
  • This is a 5 percent increase in those approving of their coverage compared to PRI's 2022 survey.

SummitET Earns ISO 9001 Certification

Retrieved on: 
Thursday, August 10, 2023

The certification process involves implementing the requirements of ISO 9001:2015 and subsequently passing a registrar's audit.

Key Points: 
  • The certification process involves implementing the requirements of ISO 9001:2015 and subsequently passing a registrar's audit.
  • "As a growing small business, quality of our services and client satisfaction are of utmost importance," said John Duda, CEO of SummitET.
  • "SummitET has demonstrated commitment to world class quality management by implementing and becoming certified to the ISO 9001 standard.
  • "PRI Registrar is proud to partner with SummitET in this accomplishment and looks forward to continued support of their objective of quality management excellence."

Forbes Recognizes Primerica as One of America’s Best Employers for Women Fifth Consecutive Year

Retrieved on: 
Tuesday, July 25, 2023

Primerica, Inc. (NYSE:PRI), a leading provider of financial services to middle-income families in the United States and Canada, has been named by Forbes as one of the Best Employers for Women five years in a row.

Key Points: 
  • Primerica, Inc. (NYSE:PRI), a leading provider of financial services to middle-income families in the United States and Canada, has been named by Forbes as one of the Best Employers for Women five years in a row.
  • Receiving this honor for the fifth time showcases our ongoing commitment to achieve diversity, equality, inclusion and belonging in the workplace.”
    Approximately 63 percent of Primerica employees are female, and 45 percent of management employees are women.
  • In addition to this recognition, Primerica appears on Newsweek’s America’s Greatest Places to Work and is included in the 2023 Bloomberg Gender-Equality Index.
  • Forbes partnered with Statista Inc., the world-leading statistics portal and industry ranking provider, to survey approximately 60,000 U.S. employees working for companies with a minimum of 1,000 employees to compile the 2023 list.

Primerica Schedules Second Quarter 2023 Financial Results Webcast

Retrieved on: 
Monday, July 24, 2023

Primerica, Inc. (NYSE:PRI) announced today that it will hold a webcast on Tuesday, August 8, 2023, at 10:00 a.m. Eastern time to discuss the Company’s results for the quarter ended June 30, 2023, as well as other business-related matters, including future expectations.

Key Points: 
  • Primerica, Inc. (NYSE:PRI) announced today that it will hold a webcast on Tuesday, August 8, 2023, at 10:00 a.m. Eastern time to discuss the Company’s results for the quarter ended June 30, 2023, as well as other business-related matters, including future expectations.
  • A news release announcing the quarter’s results will be distributed after the close of the market on Monday, August 7, 2023.
  • The earnings news release, financial supplement and live webcast will be available on the Primerica Investors website at https://investors.primerica.com .
  • A replay of the call will be available for approximately 30 days.

QC Laboratories, Inc. Awarded Nadcap Certification for Computed Radiography

Retrieved on: 
Wednesday, July 19, 2023

QC Laboratories, Inc., a leading nondestructive testing and inspection services company, has announced that it has been awarded Nadcap certification for computed radiography (AC7114/10S) by the Performance Review Institute (PRI).

Key Points: 
  • QC Laboratories, Inc., a leading nondestructive testing and inspection services company, has announced that it has been awarded Nadcap certification for computed radiography (AC7114/10S) by the Performance Review Institute (PRI).
  • QC Laboratories, Inc. has met the rigorous requirements of the Nadcap audit for computed radiography, which includes stringent technical and quality standards, as well as an assessment of the company's personnel, facilities, and processes.
  • QC Laboratories, Inc. has had remarkable success in identifying defects in metal additive manufacturing parts using computed radiography.
  • With the new Nadcap certification for computed radiography (AC7114/10S), QC Laboratories, Inc. is now able to offer computed radiography services that meet the rigorous quality and technical standards of the aerospace industry.

Primerica’s Top Leaders Gather to Discuss Opportunities Ahead in Investments Business

Retrieved on: 
Wednesday, July 19, 2023

Primerica, Inc. (NYSE:PRI), a leading provider of financial products to middle- income households in North America, announced today that its top securities leaders will gather on July 19-20 at the Mohegan Sun in Uncasville, CT. During the meeting, leaders will discuss the first half of 2023 and review opportunities that exist around growing the securities business.

Key Points: 
  • Primerica, Inc. (NYSE:PRI), a leading provider of financial products to middle- income households in North America, announced today that its top securities leaders will gather on July 19-20 at the Mohegan Sun in Uncasville, CT. During the meeting, leaders will discuss the first half of 2023 and review opportunities that exist around growing the securities business.
  • “Middle-income families today are concerned they are not saving enough to retire comfortably, with only 16% of households in our recent Financial Security Monitor survey reporting that they are satisfied with their current savings level,” said Estee Faranda, CEO of PFS Investments.
  • “The survey also reported most middle-income Americans do not feel comfortable making financial decisions without a professional.
  • Investment and savings product sales reached $4.7 billion for the six months ended June 30, 2023.

New Study: Americans Pay $1,300 'Tort Tax,' Fixing Legal System Would Grow Economy by 2 Percent

Retrieved on: 
Wednesday, July 12, 2023

"Frivolous lawsuits reduce economic opportunities, jobs, and tax revenues while increasing costs for all Americans," said the study's co-authors, Dr. Wayne Winegarden and Kerry Jackson.

Key Points: 
  • "Frivolous lawsuits reduce economic opportunities, jobs, and tax revenues while increasing costs for all Americans," said the study's co-authors, Dr. Wayne Winegarden and Kerry Jackson.
  • "As our study shows, policymakers can help grow the economy, reduce inflation, and boost tax revenue by embracing reforms to end lawsuit abuse."
  • Winegarden and Jackson calculate that this is a "tort tax" of $1,300 per person.
  • Winegarden and Jackson note that tort reform does not prevent people who suffer injuries from attempting to receive just compensation through the court system.