Direct Auto Says ‘Keep Driving’ in Optimistic New Ad Campaign Leading car insurance brand launches new marketing campaign and tagline NASHVILLE, Tenn., Jan. 19, 2021 (GLOBE NEWSWIRE) -- Today marks the launch of Direct Auto’s new advertising campaign that celebrates the power of optimism and debuts a new tagline, "Keep Driving” that supports the brand's commitment to giving customers the power to go, do, and make it happen with the auto insurance they need. The campaign champions individuals who are putting optimism into action, while reinforcing Direct Auto’s position to help everyone...
National General Announces Notice to Redeem Certain of its Securities and Intention to Delist and Deregister its Series C Depositary Shares NEW YORK, Jan. 04, 2021 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) (“National General” or the “Company”), a wholly owned subsidiary of The Allstate Corporation, today delivered notices of redemption to, on February 3, 2021 (the “Redemption Date”), redeem in full: all of the issued and outstanding shares of its 7.50% Non-Cumulative Preferred Stock, Series A (par value $0.01 per share) (CUSIP No.: 636220709) (collectively, the “...
National General Holdings Corp. Reports Third Quarter 2020 Results NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) reported third quarter 2020 net income of $102.1 million or $0.88 per diluted share, compared to net income of $63.3 million or $0.54 per diluted share in the third quarter of 2019. Third quarter 2020 operating earnings (non-GAAP)(1) were $105.2 million or $0.90 per diluted share compared to $68.2 million or $0.59 per diluted share in the third quarter of 2019. Third Quarter 2020 Highlights versus Third Quarter 2019* Gross written ...
National General Holdings Corp. Announces Dividends on Common and Preferred Stock NEW YORK, Oct. 29, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq:NGHC) today announced that its Board of Directors approved quarterly dividends on the company's common and preferred stock as follows: A cash dividend on the company's common stock of $0.05 per share.A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series A, in the amount of $0.46875 per share.A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series B, in the amount of $18.75 per sh...
National General Holdings Corp. Announces Dividends on Common and Preferred Stock NEW YORK, July 31, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq:NGHC) today announced that its Board of Directors approved quarterly dividends on the company's common and preferred stock as follows: A cash dividend on the company's common stock of $0.05 per share.A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series A, in the amount of $0.46875 per share.A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series B, in the amount of $18.75 per sh...
National General Holdings Corp. Reports Second Quarter 2020 Results NEW YORK, July 31, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) reported second quarter 2020 net income of $157.6 million or $1.37 per diluted share, compared to net income of $69.0 million or $0.60 per diluted share in the second quarter of 2019. Second quarter 2020 operating earnings (non-GAAP)(1) were $157.6 million or $1.36 per diluted share compared to $78.1 million or $0.67 per diluted share in the second quarter of 2019. Second Quarter 2020 Highlights versus Second Quarte...
Direct Auto Insurance Celebrates Customer Appreciation Month With ‘Get Direct & Get Going Car Sweepstakes’ Leading car insurance brand to give away a car and a variety of gifts NASHVILLE, Tenn., July 20, 2020 (GLOBE NEWSWIRE) -- Direct Auto Insurance is kicking off its seventh annual Customer Appreciation Month on July 20, offering drivers the opportunity to win a new car, gift card prizes for gas, and score a travel mug for their vehicle. One lucky winner of the Get Direct & Get Going Car Sweepstakes will receive a $20,000 CarMax credit to use towards an automobile of their choice. Th...
Direct Auto Insurance Launches Millions to Feed Campaign with Goal of Providing 10 Million Meals* to Feeding America® Insurance company launches Millions to Feed campaign as part of a recent $3 million pledge to COVID-19 relief efforts NASHVILLE, Tenn., July 15, 2020 (GLOBE NEWSWIRE) -- Direct Auto Insurance has launched the Millions to Feed campaign to support people affected by the COVID-19 pandemic with the goal of helping to provide 10 million meals* to Feeding America, the nation’s largest domestic hunger-relief organization. Combined with an initial donation of 900,000 meals (or ...
Allstate Expands Personal Lines Market Position with Acquisition of National General NORTHBROOK, Ill., July 07, 2020 (GLOBE NEWSWIRE) -- The Allstate Corporation (NYSE: ALL) has agreed to acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, subject to regulatory approvals and other customary closing conditions. “Acquiring National General accelerates Allstate’s strategy to increase market share in personal property-liability and significantly expands our independent agent distributio...
National General Announces Hiring of New SVP of Capital Strategy and Investor Relations NEW YORK, June 11, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) today announces the hiring of Clifford Gallant to the position of senior vice president of capital strategy and investor relations. Gallant, an insurance industry veteran with deep financial analyst roots, will be responsible for ensuring the company’s appropriate positioning and engagement with analysts, investors, and other stakeholders. Reporting to Mike Weiner, the chief financial officer, Gallant will als...
Direct Auto Insurance Appoints The Richards Group as Agency of Record DALLAS, May 07, 2020 (GLOBE NEWSWIRE) -- Direct Auto Insurance, a leader in the nonstandard auto insurance space, has named The Richards Group as the company’s new brand advertising agency. Working closely with Direct Auto’s leadership, The Richards Group will be responsible for overall creative advertising strategy as well as digital strategy, sponsorship marketing, consumer promotions, CRM/analytics, and multicultural marketing led by LERMA, a partner of The Richards Group. The Richards Group, founded in 1976 by Stan...
National General Holdings Corp. Reports Strong First Quarter 2020 Results NEW YORK, April 29, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq: NGHC) reported first quarter 2020 net income of $92.9 million or $0.80 per diluted share, compared to net income of $83.9 million or $0.72 per diluted share in the first quarter of 2019. First quarter 2020 operating earnings (non-GAAP)(1) were $105.8 million or $0.91 per diluted share compared to $89.7 million or $0.77 per diluted share in the first quarter of 2019. First Quarter 2020 Highlights versus First Quarter 2019* ...
National General Holdings Corp. Announces Dividends on Common and Preferred Stock NEW YORK, April 29, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq:NGHC) today announced that its Board of Directors approved quarterly dividends on the company's common and preferred stock as follows: A cash dividend on the company's common stock of $0.05 per share.A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series A, in the amount of $0.46875 per share.A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series B, in the amount of $18.75 per s...
Direct Auto Insurance Announces Policyholder Credit to Support Customers Amid COVID-19 Auto policyholders to receive a 15 percent credit on April premiums and the company’s insurance group will donate $3M to COVID-19 relief efforts. NASHVILLE, Tenn., April 29, 2020 (GLOBE NEWSWIRE) -- To assist customers impacted by COVID-19, Direct Auto Insurance affiliates are giving their personal auto insurance policyholders a 15% credit on their April premiums. Policyholders do not have to take any action to receive the credit. The credit will apply automatically to any auto policy that is active ...
National General Insurance Announces Policyholder Credit and Commits $3M to Support COVID Relief Efforts NEW YORK, April 23, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ: NGHC), in support of its employees, policyholders, and business partners, today announced a 15% credit on April premiums for personal auto insurance policyholders and a commitment to donate $3M toward COVID-19 relief. The credit applies to personal auto insurance customers with a policy in force as of April 30, 2020, and will automatically be credited to their policy, subject to state regulatory appr...
National General Holdings Corp. to Announce 2020 First Quarter Results on April 29, 2020 NEW YORK, April 17, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (NASDAQ:NGHC) announced today that it plans to release 2020 first quarter results after the market closes on Wednesday, April 29, 2020. At 9:00 AM ET on Thursday, April 30, 2020, Chief Executive Officer Barry Karfunkel and Chief Financial Officer Mike Weiner will review results and discuss business conditions via a conference call that may be accessed as follows: Toll-Free U.S. Dial-in:International Dial-in:Conference Entry...
National General Reduces Financial Burden and Improves Ease of Access to COVID-19 Diagnostic Testing NEW YORK, March 09, 2020 (GLOBE NEWSWIRE) -- To help limit the spread of COVID-19, National General Holdings Corp. (NASDAQ:NGHC) will waive 100% of customers’ out-of-pocket costs for COVID-19 diagnostic tests and will ease access for customers seeking diagnostic testing. This waiver will extend to all National General Short Term Medical customers and will be made available to employers in the National General Benefits Solutions Program. As part of the effort regarding COVID-19 diagnostic ...
National General Holdings Corp. Reports 2019 Results NEW YORK, Feb. 20, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq:NGHC) reported fourth quarter 2019 net income of $98.4 million or $0.85 per diluted share, compared to net income of $17.3 million or $0.16 per diluted share in the fourth quarter of 2018. Fourth quarter 2019 operating earnings (non-GAAP)(1) was $83.1 million or $0.72 per diluted share compared to $33.6 million or $0.30 per diluted share in the fourth quarter of 2018. Full year 2019 net income was $314.5 million or $2.73 per diluted share, compare...
National General Holdings Corp. Announces Dividends on Common and Preferred Stock NEW YORK, Feb. 20, 2020 (GLOBE NEWSWIRE) -- National General Holdings Corp. (Nasdaq:NGHC) today announced that its Board of Directors approved quarterly dividends on the company's common and preferred stock as follows: A cash dividend on the company's common stock of $0.05 per share.A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series A, in the amount of $0.46875 per share.A cash dividend on the company's 7.50% Non-Cumulative Preferred Stock, Series B, in the amount of $18.75 per sh...
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