Welcome to our dedicated page for Enact Holdings news (Ticker: ACT), a resource for investors and traders seeking the latest updates and insights on Enact Holdings stock.
Enact Holdings, Inc. (ACT) provides essential mortgage insurance services that stabilize the U.S. housing market by transferring credit risk from lenders. This page serves as your definitive source for official company announcements and market-moving developments.
Access curated updates including earnings reports, regulatory filings, and strategic initiatives that demonstrate ACT's underwriting expertise. Investors gain critical insights into risk management practices influencing the residential mortgage sector.
Discover press releases about leadership changes, product innovations, and partnerships that shape ACT's position in housing finance. All content is verified for accuracy, helping stakeholders make informed decisions without promotional bias.
Bookmark this page for streamlined access to ACT's evolving role in mortgage guaranty insurance. Check regularly for updates that matter to lenders, investors, and housing market participants.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Texas have increased year-over-year, though remaining below national averages. The survey, which tracks various types of long-term care services, indicates that costs continue to rise across care types nationally, with increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now hosted on CareScout.com/cost-of-care, featuring interactive tools to calculate median care costs by region, state-level data comparisons, and access to CareScout's Quality Network of vetted care providers.
The platform also offers comprehensive resources including aging care planning guides and information about financing long-term care services.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care service costs in Maine have increased year-over-year, surpassing national averages. The survey indicates a continued upward trend in long-term care costs across various care types nationally, with most increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey results and additional resources are now available on CareScout.com/cost-of-care, featuring interactive tools to calculate median costs, state-by-state comparisons, and access to CareScout's Quality Network of long-term care providers.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Alabama have increased year-over-year, though remaining below national averages. The survey highlights a continued upward trajectory in long-term care costs across various care types nationwide, with most increases outpacing inflation rates.
Key factors driving the cost increases include inflation and labor costs. The survey data and tools are now accessible at CareScout.com/cost-of-care, featuring interactive cost calculation tools, state-by-state comparisons, and resources for long-term care planning.
CareScout, a Genworth company with over 50 years of expertise in long-term care, offers additional resources including the CareScout Quality Network, aging care planning guides, and information about funding long-term care services.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Washington state have increased year-over-year, surpassing national averages. The survey indicates a continued upward trend in long-term care expenses across various care types nationwide, with most increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. To help families navigate these rising expenses, CareScout has launched a comprehensive resource platform at www.CareScout.com/cost-of-care, featuring interactive tools for calculating median care costs, state-by-state comparisons, and access to their Quality Network of long-term care providers.
Genworth and CareScout have released their 2024 Cost of Care Survey for North Dakota, revealing that long-term care service costs have increased year-over-year while remaining comparable to national averages. The survey indicates that cost increases for most care types continue to outpace inflation rates, primarily driven by inflation and labor costs.
The survey results are now accessible at CareScout.com/cost-of-care, featuring interactive tools to calculate median long-term care costs by area, state-level data comparisons, and resources for aging care planning. The platform also introduces the CareScout Quality Network, a network of long-term care providers meeting high standards for quality, person-centered care.
Genworth and CareScout have released their 2024 Cost of Care Survey for Wyoming, revealing that long-term care service costs in the state remain comparable to national averages, with mixed year-over-year changes across different care settings.
The national data shows continued upward trends in long-term care costs, with increases exceeding inflation rates. The primary factors driving these cost increases are identified as inflation and labor costs.
The survey results are now hosted on CareScout.com/cost-of-care, featuring interactive tools for calculating median care costs, state-by-state comparisons, and resources for long-term care planning. The platform also includes access to the CareScout Quality Network, a curated network of long-term care providers meeting high-quality standards.
Long-term care costs in West Virginia have shown a significant increase, surpassing national averages according to the 2024 Cost of Care Survey by Genworth and CareScout. The survey reveals that costs across various care types continue to rise, with increases outpacing inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now accessible at CareScout.com/cost-of-care, featuring interactive tools to calculate median costs of long-term care services by area, state-level data comparisons, and access to the CareScout Quality Network of vetted care providers.
The platform also offers comprehensive resources including aging care planning guides, information about long-term care funding options, and insights into person-centered care approaches.
Genworth and CareScout's 2024 Cost of Care Survey reveals that long-term care costs in Ohio have increased year-over-year, maintaining pace with national averages. The survey indicates a continued upward trend in long-term care expenses across various care types nationally, with most increases exceeding inflation rates.
The primary factors driving these cost increases are inflation and labor costs. The survey data and resources are now accessible at www.CareScout.com/cost-of-care, featuring interactive tools to calculate median long-term care costs by region, state-level data comparisons, and access to CareScout's Quality Network of care providers.
The platform also offers comprehensive resources including aging care planning guides, information on funding long-term care services, and insights into person-centered care approaches.
Genworth and CareScout's 2024 Cost of Care Survey reveals significant increases across all long-term care services. Homemaker services and assisted living communities saw the highest growth at 10%, with annual median costs reaching $75,504 and $70,800 respectively.
Key findings include:
- Home health aide costs rose 3% to $77,792 annually
- Adult day care increased 5% to $26,000 per year
- Nursing home costs grew: semi-private rooms up 7% to $111,325, private rooms up 9% to $127,750
- Assisted living occupancy rates increased from 77% to 84%
The survey identified inflation as the primary cost driver for assisted living, nursing homes, and adult day care centers, while labor costs primarily affected home care services. Notably, two-thirds of home care agencies now charge the same rate for both health aide and homemaker services.
Genworth Financial (NYSE: GNW) reported Q4 2024 results with a net loss of $1M and adjusted operating income of $15M. The company achieved full-year 2024 net income of $299M ($0.68 per diluted share) and adjusted operating income of $273M ($0.623 per diluted share).
Key highlights include: Enact's strong performance with $137M in adjusted operating income for Q4; expansion of CareScout Quality Network to all 50 states; $40M in gross incremental premium approvals for long-term care; and $51M in share repurchases at $7.32 per share during Q4.
The company's U.S. life insurance companies maintained a strong RBC ratio of 306%, reflecting statutory pre-tax income of $378M in 2024. Holding company cash and liquid assets stood at $294M at quarter-end. Through February 14th, GNW has executed $565M in total share repurchases at an average price of $5.69 per share.
