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Stock Market & Financial Investment News

News Breaks
August 14, 2014
18:01 EDTPIH1347 Property Insurance reports Q2 EPS 15c vs (52c)
Direct premiums written were $8,877 for the quarter ended June 30, representing a 273.0% increase over the $2,380 reported in the prior year period. In-force policy count at June 30 increased to 16,800 from 11,500 at December 31, 2013, a 46% increase. The company's combined ratio was 79.7% in Q214; compared with 190.1% in Q213.
News For PIH From The Last 14 Days
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November 14, 2014
16:01 EDTPIH1347 Property Insurance appoints Robert Gantley COO
1347 Property Insurance Holdings announced the appointment of Robert Gantley as VP and Chief Operating Officer of the company. Gantley has served as VP of the company’s wholly-owned subsidiary Maison Managers since August.
November 12, 2014
09:17 EDTPIH1347 Property Insurance reports Q3 EPS 10c vs. 5c a year ago
Direct premiums written were $8.5 million, representing a 63.2% increase over the $5.2 million reported in the prior year quarter. In-force policy count at September 30, 2014 increased 58.3% to 18,200 from 11,500 at December 31, 2013. Net premiums earned increased 434.0% to $4.4 million. Pre-tax underwriting profits were $943,000. The Company's combined ratio was 78.7%; compared with 118.1%. Tangible book value per share of $7.74 at September 30, 2014

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