D&O

iPower Reports Fourth Quarter and Fiscal 2021 Results

Retrieved on: 
Monday, September 27, 2021
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DUARTE, Calif., Sept. 27, 2021 /PRNewswire/ -- iPower Inc. (Nasdaq:IPW) ("iPower" or the "Company"), one of the leading online hydroponic equipment suppliers and retailers in the United States, today announced financial results for its fourth quarter and fiscal year ended June 30, 2021.

Key Points: 
  • DUARTE, Calif., Sept. 27, 2021 /PRNewswire/ -- iPower Inc. (Nasdaq:IPW) ("iPower" or the "Company"), one of the leading online hydroponic equipment suppliers and retailers in the United States, today announced financial results for its fourth quarter and fiscal year ended June 30, 2021.
  • Total revenue in the fiscal fourth quarter of 2021 increased slightly to $14.73 million compared to $14.66 million for the same period in fiscal 2020.
  • Gross profit in the fiscal fourth quarter of 2021 decreased slightly to $6.5 million compared to $6.6 million.
  • Total operating expenses in the fiscal fourth quarter were $6.3 million compared to $4.8 million for the same period in fiscal 2020.

AM Best to Join D&O-Focused Panel at the Re/Insurance Lounge

Retrieved on: 
Tuesday, September 21, 2021
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AM Best will join a panel session focused on the directors and officers (D&O) insurance market on Sept. 22, 2021, as part of the Intelligent Insurers Re/Insurance Lounge, a forum for insurance- and reinsurance-related discussions.

Key Points: 
  • AM Best will join a panel session focused on the directors and officers (D&O) insurance market on Sept. 22, 2021, as part of the Intelligent Insurers Re/Insurance Lounge, a forum for insurance- and reinsurance-related discussions.
  • Sridhar Manyem, director of research and analytics, AM Best, will join a panel session, titled, D&O: A Dynamic Growth Market?
  • To stay abreast of AM Bests participation in the Re/Insurance Lounge, and for more information, please visit https://www.reinsurancelounge.com/home .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Woodruff Sawyer Releases 2022 D&O Looking Ahead Guide

Retrieved on: 
Tuesday, September 21, 2021
News, Insurance, ESG, Roman Catholic Diocese of La Crosse, AM, Multimedia, Guide, Senior, Section 11 of the Canadian Charter of Rights and Freedoms, SAN, Risk, IPO, D, Blog, D&O, Airline

SAN FRANCISCO, Sept. 21, 2021 /PRNewswire/ -- Woodruff Sawyer, one of the largest independent insurance brokerages in the US, announced today the release of the 2022 D&O Looking Ahead Guide .

Key Points: 
  • SAN FRANCISCO, Sept. 21, 2021 /PRNewswire/ -- Woodruff Sawyer, one of the largest independent insurance brokerages in the US, announced today the release of the 2022 D&O Looking Ahead Guide .
  • Woodruff Sawyer's 2019 Looking Ahead Guide forecasted the rise of D&O premiumsthe first increase in nearly 10 yearsand predicted it would continue into 2020 and beyond.
  • The Guide also includes Woodruff Sawyer's 5th annual Underwriters Weigh In survey.
  • Sign up to attend Woodruff Sawyer's 2022 D&O Looking Ahead Guide Webinar on September 29, 2021 from 10 AM-11 AM PDT.

DFIN Partners with Diligent on New Pre-IPO Solution, Helping Companies Establish Modern Governance, Audit and Compliance Practices Ahead of Public Offerings

Retrieved on: 
Thursday, September 9, 2021

Combined with our expertise, together we will better align companies' governance and financial practices with investor expectations," said Brian Stafford, CEO of Diligent.

Key Points: 
  • Combined with our expertise, together we will better align companies' governance and financial practices with investor expectations," said Brian Stafford, CEO of Diligent.
  • Together, we will continue to work to help leaders and executives establish good governance practices from the seed stage through exit and beyond."
  • Learn more about the partnership by registering for DFIN and Diligent's upcoming webinar, " The IPO Journey: Good Governance Today, IPO Tomorrow ."
  • Our modern GRC platform ensures boards, executives and other leaders have a holistic, integrated view of audit, risk, information security, ethics, and compliance across the organization.

IGI appoints Manpreet Kaur Gill as Asia Pacific Financial and Professional Lines Underwriter

Retrieved on: 
Tuesday, September 7, 2021
Professional Services, Insurance, Finance

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Key Points: 
  • International General Insurance Holdings Ltd. (IGI or the Company) (NASDAQ: IGIC) today announced the appointment of Manpreet Kaur Gill to the role of Asia Pacific Financial and Professional Lines Underwriter of IGI Labuan.
  • Manpreet has 24 years industry experience in managing and driving a broad range of financial and professional lines and casualty products.
  • Prior to joining IGI she worked for QBE Malaysia as the Head of Professional Lines, General Liability and Workers Compensation.
  • Her appointment allows IGI to enhance its well-established presence in the Financial and Professional Lines market in the Asia Pacific region.

Palomar Holdings, Inc. Announces Key Additions to its Underwriting and Reinsurance Teams

Retrieved on: 
Thursday, September 2, 2021
University of Chicago Booth School of Business, Senior, Excess, LLC, Insurance, Technology, Pepperdine University, Great American, Crime, Privacy, Business administration, Roger Clinton Sr., Semper Fidelis (march), Master of Business Administration, EPL, Portfolio manager, Marquette University, CRC, Pacific typhoon season, Knowledge, University, Research, D&O, Growth, Business, GLOBE, D, NASDAQ, Dongbei University of Finance and Economics, Master, Reinsurance

LA JOLLA, Calif., Sept. 02, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or the Company) today announced that it has made three strategic hires to expand its existing underwriting and reinsurance teams.

Key Points: 
  • LA JOLLA, Calif., Sept. 02, 2021 (GLOBE NEWSWIRE) -- Palomar Holdings, Inc. (NASDAQ: PLMR) (Palomar or the Company) today announced that it has made three strategic hires to expand its existing underwriting and reinsurance teams.
  • Robben will report to Jon Christianson, Chief Underwriting Officer, and will be responsible for spearheading the Companys Casualty business.
  • These seasoned professionals bring tremendous industry experience and expertise to Palomars underwriting and reinsurance teams.
  • Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (PSIC), Palomar Specialty Reinsurance Company Bermuda Ltd., Palomar Insurance Agency, Inc. and Palomar Excess and Surplus Insurance Company.

Portage Biotech Announces Results for First Quarter of 2022 Fiscal Year

Retrieved on: 
Monday, August 30, 2021
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WESTPORT, Conn., Aug. 30, 2021 (GLOBE NEWSWIRE) -- Portage Biotech Inc. (NASDAQ: PRTG) (“Portage” or the “Company”) a clinical-stage immuno-oncology company focused on the development of therapies and treatments targeting cancer treatment resistance, today announced financial results for the quarter ended June 30, 2021.

Key Points: 
  • Operating expenses included $2.2 million of non-cash stock-based compensation expense in the Fiscal 2022 Quarter, compared to $0.3 million in the Fiscal 2021 Quarter.
  • The Companys other items of income and expense were substantially non-cash in nature and were approximately $0.3 million net other income in each of the Fiscal 2022 Quarter and the Fiscal 2021 Quarter.
  • The principal reason for the increase in the Fiscal 2022 Quarter was the $1.1 million of non-cash stock-based compensation expense associated with the Companys 2021 Equity Incentive Plan.
  • For more information, please visit www.portagebiotech.com, follow us on Twitter at @PortageBiotech, or find us on LinkedIn at Portage Biotech Inc.

Vantage Announces Launch of Financial Lines and Professional Liability Businesses

Retrieved on: 
Thursday, August 26, 2021
Professional Services, Insurance, Finance, The Carlyle Group, International business, Efficiency, Hellman & Friedman, Asset, Risk management, Risk, Solution, Creativity, AXA, Decision support system, Professional liability insurance, University, ABC, Business, Policy, Bhuma, Rich, Alexander Forbes Group Holdings, Business administration, Industry, Insurance, Lead, Record, Bank, Indemnity, GPL, D&O, National, CAN, Hour, EPL, D, Finance, Financial institution, Circular flow land use management, Marketing, DIC, Management

Vantage Group Holdings Ltd. (Vantage) continues the build-out of its insurance platform introducing new product offerings in Financial Lines and Professional Liability insurance.

Key Points: 
  • Vantage Group Holdings Ltd. (Vantage) continues the build-out of its insurance platform introducing new product offerings in Financial Lines and Professional Liability insurance.
  • Leona Lik joined Vantage in April 2021 and heads the Financial and Professional Lines business in Bermuda.
  • At Vantage, she has recruited an experienced Bermuda underwriting team to grow the Bermuda book of Financial and Professional Lines business, focusing on writing all industry classes across Management Liability, Financial Institutions and Professional Services.
  • Bhuma brings almost 20 years of Financial Institutions Professional Liability Underwriting experience, most recently at CAN, where she led the Eastern region of the Financial Institutions team.

CannGen Insurance Launches CannGenPRO Division and Expands Comprehensive Product Offerings to Include Directors and Officers & Employment Practices Liability Insurance

Retrieved on: 
Thursday, August 26, 2021
Industry, Company, Canada, Growth, Employment, GLOBE, Insurance, CMO, EPL, CA, D, D&O, Management, Cannabis, Solution, MGU, COVID-19

With that growth, increased revenue and the current cannabis M&A trend comes larger risks to an industry that struggles to find proper insurance coverage.

Key Points: 
  • With that growth, increased revenue and the current cannabis M&A trend comes larger risks to an industry that struggles to find proper insurance coverage.
  • For that reason, we see this as the perfect time to expand our product suite to include these highly sought after solutions, said Charles Pyfrom, CMO of CannGen.
  • D&O insurance generally protects directors and officers and/or their company or organization in the event they are sued.
  • In addition to D&O and EPL insurance, the Companys key offerings include property coverage, which includes crop coverage, general liability coverage, products liability coverage, transportation insurance (auto & motor truck cargo), workers compensation, and excess liability coverage.

Blade Air Mobility Reports Fiscal Third Quarter Ended June 30, 2021 Financial Results and Provides Corporate Update

Retrieved on: 
Monday, August 16, 2021
Transportation, Travel, Other Transport, Air, Other Energy, Transport, Utilities, Alternative Energy, Environment, Energy, Other Travel, Aircraft, Assault, EBITDA, Heyburn, Table, Holocene, D&O, COVID-19, Company, Adjustment, Mission statement, Â, GAAP, Travel, Insurance, Acquisition, Growth, JFK, Three Months Gone, Western literature, Beta Technologies, MagniX, EVA, Nasdaq, Comparable, City, Airport, Airline, Tutoring, Animal, Pharmaceutical industry

Blade Air Mobility, Inc. (Nasdaq:BLDE, Blade or the Company), a technology-powered air mobility platform, today announced financial results for the fiscal third quarter ended June 30, 2021.

Key Points: 
  • Blade Air Mobility, Inc. (Nasdaq:BLDE, Blade or the Company), a technology-powered air mobility platform, today announced financial results for the fiscal third quarter ended June 30, 2021.
  • After two months of operation, our current weekly volume is well ahead of the same point in our initial 2019 launch.
  • Adjusted EBITDA and Comparable Adjusted EBITDA have been reconciled to the nearest GAAP measure in the tables within this press release.
  • For the Three Months Ended June 30,
    For the Nine Months Ended June 30,