STAMFORD, Conn. , Feb. 15, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (the “Company”) today announced the completion of the merger (the “Merger”) of the Company with Geneve Acquisition Corp. , a Delaware corporation (“Merger Sub”) and indirect wholly-owned subsidiary of...
STAMFORD, Conn. , Feb. 04, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (the “Company” or “IHC”) today announced that its Board of Directors has declared a prorated dividend on the Company’s shares of common stock, contingent upon the consummation of the merger of Geneve...
STAMFORD, Conn. , Jan. 03, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced the completion of the sale of its subsidiary Standard Security Life Insurance Company of New York (“Standard Security Life”) to Reliance Standard Life Insurance Company (“Reliance...
STAMFORD, Conn. , Jan. 03, 2022 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced the completion of the sale of its subsidiary Madison National Life Insurance Company, Inc. (“Madison National Life”) to Horace Mann Educators Corporation (“Horace Mann”)....
STAMFORD, Conn. , Dec. 20, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced the completion of the sale of a controlling interest in its pet division and in the stock of Independence American Holdings Corp. , including its subsidiary Independence American Insurance...
STAMFORD, Conn. , Dec. 02, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported the declaration of its semi-annual cash dividend of $.22 per share of common stock, payable to stockholders of record on December 13, 2021 with a payment date of December 28, 2021 ....
STAMFORD, Conn. , Nov. 09, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2021 third-quarter and nine-month results. Financial Results IHC reported a loss from continuing operations attributable to IHC, net of tax, of $11,512,000 or $.79 per share for the three...
STAMFORD, Conn. , Nov. 09, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) (the “Company”) today announced that it has entered into a definitive Agreement and Plan of Merger (the “Merger Agreement”) to be acquired by Geneve Holdings, Inc. (the “Going Private Transaction”)....
STAMFORD, Conn. , Aug. 30, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE:IHC) today announced that its Board of Directors received a preliminary, non-binding offer from Geneve Holdings, Inc. , which through its wholly-owned subsidiaries (collectively, “Geneve”) hold an aggregate of...
STAMFORD, Conn. , Aug. 09, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2021 second-quarter and six-month results. Financial Results Net income attributable to IHC of $76,471,000 or $5.22 per share for the three months ended June 30, 2021 compared to $421,000...
STAMFORD, Conn. , July 14, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported its agreement to sell Madison National Life Insurance Company, Inc. (“Madison National”) to Horace Mann Educators Corporation (NYSE: HMN). IHC and its wholly owned subsidiary Independence...
STAMFORD, Conn. , June 30, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced that it has completed the sale of its 85% interest in PetPartners, Inc. (“PPI”) to Iguana Capital, Inc. (“Iguana Capital”), an investment company specifically formed to facilitate this...
STAMFORD, Conn. , June 11, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported the declaration of its semi-annual cash dividend of $.22 per share of common stock, payable to stockholders of record on June 25, 2021 with a payment date of July 9, 2021 ....
OLDWICK, N.J. --(BUSINESS WIRE)--May 19, 2021-- AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” (Excellent) of Independence American Insurance Company (IAIC) (...
STAMFORD, Conn. , May 17, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported its agreement to sell a controlling interest in its pet division and in the stock of Independence American Insurance Company (“Independence American”) to a subsidiary of Iguana Capital, Inc....
STAMFORD, Conn. , May 06, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2021 first-quarter results. Financial Results Net income attributable to IHC was $5,621,000 , or $.38 per share, diluted, for the three months ended March 31, 2021 compared to $4,278,000 , or...
STAMFORD, Conn. , April 20, 2021 (GLOBE NEWSWIRE) -- In a release issued under the same headline on Thursday, April 15 by Independence Holding Company (NYSE: IHC), please be advised that the paragraph under About Independence Holding Company has been updated....
STAMFORD, Conn. , April 15, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported its agreement to sell Standard Security Life Insurance Company of New York to Reliance Standard Life Insurance Company , a member of the Tokio Marine Group ....
STAMFORD, Conn. , March 15, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today reported 2020 fourth-quarter and annual results. Financial Results Net income attributable to IHC was $5,494,000 , or $.37 per share, diluted, for the three months ended December 31, 2020...
STAMFORD, Conn. , Feb. 11, 2021 (GLOBE NEWSWIRE) -- Independence Holding Company (NYSE: IHC) today announced that fueled by record growth in pet acquisition and registration, the American Kennel Club (AKC®), the leading advocate for dogs, and PetPartners, Inc....