Welcome to our dedicated page for Independence Hldg Co news (Ticker: IHC), a resource for investors and traders seeking the latest updates and insights on Independence Hldg Co stock.
Independence Holding Company (IHC) delivers specialty insurance solutions through subsidiaries like Standard Security Life and Madison National Life, with a growing focus on InsureTech innovation. This page provides investors and industry stakeholders with centralized access to official announcements, financial updates, and strategic developments.
Track IHC's progress through earnings reports, partnership announcements (including recent collaborations with Fear Free® and ASPCA®), and expansions of its digital platforms like healthinsurance.org and mypetinsurance.com. Content is curated to support informed analysis of the company's market position in supplemental health and pet insurance sectors.
Key updates include regulatory filings, leadership changes, product launches, and financial performance metrics. Subscribers and frequent visitors gain timely insights into IHC's diversified revenue streams and technology-driven growth strategies.
Bookmark this page for direct access to primary source materials, ensuring you stay informed about one of the insurance sector's most dynamic holding companies. Check regularly for updates impacting both short-term market movements and long-term industry trends.
Independence Holding Company (NYSE: IHC) has successfully completed its merger with Geneve Acquisition Corp as of February 15, 2022. At a special stockholder meeting, a majority of votes approved the merger, with shareholders receiving $57.00 per share in cash, effectively ending their stockholder rights. The Company will be delisted from the New York Stock Exchange, and a final dividend of $0.06 per share will be paid to stockholders of record on February 15, 2022. The merger marks a significant step as IHC becomes an indirect wholly-owned subsidiary of Geneve.
Independence Holding Company (IHC) has announced a prorated dividend of $0.06 per share, contingent upon the successful merger with Geneve Acquisition Corp. Shareholders must hold their shares through the merger closing to qualify for the dividend, payable on February 22, 2022, if approvals are granted at the special meeting on February 15, 2022. The actual dividend amount is subject to a formula based on the number of days between the last regular dividend payment and the merger closing date. Shareholder approval and market conditions pose risks to the merger's completion.
Independence Holding Company (NYSE: IHC) has successfully completed the sale of its subsidiary, Standard Security Life Insurance Company of New York, to Reliance Standard Life Insurance Company, effective January 1, 2022. The transaction satisfied all closing conditions. CEO Roy T. K. Thung expressed satisfaction with the sale, wishing Reliance Standard success. IHC provides various insurance products nationally, including Medicare and life insurance, through multiple distribution channels.
Reliance Standard Life Insurance Company, part of the Tokio Marine Group, has acquired Standard Security Life Insurance Company of New York from Independence Holding Company (IHC). The acquisition, effective January 1, 2022, enhances Reliance Standard's position in the New York disability insurance market, making it the third largest provider of statutory disability benefits with a combined business of approximately
Independence Holding Company (NYSE: IHC) announced the successful sale of its subsidiary, Madison National Life Insurance Company, to Horace Mann Educators Corporation, effective January 1, 2022. CEO Roy T. K. Thung expressed satisfaction with the transaction, highlighting the expected growth of Madison National Life under new ownership. The sale reflects IHC's strategic direction, allowing it to focus on its core insurance products distributed through various channels, including digital platforms.
Independence Holding Company (NYSE: IHC) announced the successful completion of the sale of a controlling interest in its pet division and shares of Independence American Holdings Corp. to Independence Pet Holdings. The transaction closed on December 20, 2021, fulfilling all regulatory conditions, including approval from the Delaware Department of Insurance. IHC received approximately $276 million, with 70% in cash and 30% in Independence Pet stock. CEO Roy T.K. Thung expressed enthusiasm for value creation as a shareholder.
