The National Security Group, Inc., an insurance holding company, provides insurance products and services in the United States. It operates in two segments, Property and Casualty (P&C) Insurance, and Life Insurance. The P&C Insurance segment primarily underwrites home insurance coverage with primary lines of business consisting of dwelling fire and extended coverage, mobile homeowners, and other liability insurance in Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, Oklahoma, South Carolina, Tennessee, and West Virginia, as well as operates on a surplus lines basis in the state of Louisiana. The Life Insurance segment offers ordinary life, accident and health, supplemental hospital, and cancer insurance products in the states of Alabama, Florida, Georgia, Mississippi, South Carolina, Tennessee, and Texas. It distributes its products through independent agents and brokers, and home service agents. The National Security Group, Inc. was founded in 1947 and is based in Elba, Alabama.
IPO Year:
Exchange: NASDAQ
Website: nationalsecuritygroup.com
| Date | Price Target | Rating | Analyst |
|---|
DURANGO, Colo., June 28, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, today announced that Charles Arnold has been appointed to the Company's Board of Directors ("the Board"), where he will serve as Chair of the Audit Committee. Mr. Arnold is a seasoned corporate finance executive with over 20 years of experience leading strategic finance initiatives, including in various C-suite and Board-level positions across public and private companies. Prior to RMCF, Mr. Arnold was a director on the Board
The National Security Group, Inc. ("NSG" or the "Company") (NASDAQ:NSEC) today announced the completion of the previously announced merger with VR Insurance Holdings, Inc., a Delaware corporation ("VR Holdings"), and VR Insurance Merger Sub, Inc., a Delaware corporation ("Merger Sub"), pursuant to which NSG will be acquired by VR Holdings. Under the terms of the merger each share of NSG common stock has been converted into the right to receive cash in the amount of $16.35. VR Holdings is a newly formed Delaware company founded by Vivek Ranadivé, BTIG and a group of family offices and strategic investors. Mr. Ranadivé has been the Founder and Managing Director of Bow Capital Management LLC a
The National Security Group, Inc. ("NSG") (NASDAQ:NSEC) today announced that, as required by the Delaware General Corporation Law, its stockholders have voted at a special meeting to adopt the previously announced Agreement and Plan of Merger ("Plan of Merger"), dated as of January 26, 2022, by and among NSG, VR Insurance Holdings, Inc., a Delaware corporation ("VR Holdings, Inc."), and VR Insurance Merger Sub, Inc., a Delaware corporation ("Merger Sub"), pursuant to which NSG will be acquired by VR Holdings. At the special meeting, NSG's stockholders approved the adoption of the Plan of Merger and approved on a non-binding advisory basis the executive compensation that may be paid or be
The National Security Group, Inc. (NASDAQ:NSEC) results for the three months ended March 31, 2022 and 2021, based on U.S. generally accepted accounting principles, were reported today as follows: Unaudited Consolidated Financial Summary Three months ended March 31, 2022 2021 Gross premiums written $ 18,639,000 $ 18,834,000 Net premiums written $ 16,035,000 $ 16,386,000 Net premiums earned $ 15,515,000 $ 15,062,000 Net investment income 868,000 804,000 Net investment gains (los
The National Security Group, Inc. (NASDAQ:NSEC) and VR Insurance Holdings, Inc. ("VR Holdings") today announced that the Alabama Department of Insurance (ALDOI) has set a public hearing to consider the proposed acquisition of control of The National Security Group, Inc. (NSG) by VR Holdings. In accordance with Section 27-29-3 Code of Alabama 1975, as amended, VR Holdings has filed a Form A to request the Alabama Commissioner of Insurance to approve the transaction contemplated by the Agreement and Plan of Merger dated January 26, 2022, between NSG and VR Holdings (the "Transaction"), which was previously disclosed in a joint release dated January 26, 2022. The public hearing will be held i
On April 27, 2022, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on May 31, 2022, to shareholders of record May 9, 2022. About The National Security Group, Inc. The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states. The Company primarily writes personal lines property coverage including specialty market dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. The Company also offers life, accident and health, supplementa
The National Security Group, Inc. (NASDAQ:NSEC) results for the three months and year ended December 31, 2021 and 2020, based on U.S. generally accepted accounting principles, were reported today as follows: Unaudited Consolidated Financial Summary Three months ended December 31, Year ended December 31, 2021 2020 2021 2020 Gross premiums written $ 16,514,000 $ 14,976,000 $ 74,246,000 $ 68,782,000 Net premiums written $ 13,988,000 $ 13,218,000 $ 64,179,000 $ 61,406,000
AM Best has placed under review with developing implications the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Rating (Long-Term ICR) of "bbb" (Good) of National Security Fire and Casualty Company (NSFC). AM Best also has placed under review with developing implications the FSR of B++ (Good) and the Long-Term ICR of "bbb" (Good) of NSFC's affiliated life/health insurer, National Security Insurance Company (NSIC). In addition, AM Best has placed under review with developing implications the FSR of B+ (Good) and the Long-Term ICR of "bbb-" (Good) of NSFC's wholly owned subsidiary, Omega One Insurance Company, Inc. (Omega). Concurrently, AM Best has placed under
On January 26, 2022, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on February 28, 2022, to shareholders of record February 9, 2022. About The National Security Group, Inc The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states. The Company primarily writes personal lines property coverage including specialty market dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. The Company also offers life, accident and health,
The National Security Group, Inc. (NASDAQ:NSEC) and VR Insurance Holdings, Inc. ("VR Holdings") today announced that they have entered into a definitive merger agreement, under which VR Holdings has agreed to acquire all of the outstanding common shares of The National Security Group, Inc. ("NSG" or the "Company") for $16.35 per share in cash, representing a 77% premium to the closing share price as of January, 25, 2022. Total transaction value is approximately $41.4 million, subject to certain provisions[1]. VR Holdings is a newly formed Delaware company founded by Vivek Ranadivé. Mr. Ranadivé has been the Founder and Managing Director of Bow Capital Management LLC and its affiliated funds
15-12G - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
DEFA14A - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
8-K/A - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
DEFA14A - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
8-K - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
DEFM14A - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
8-K - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
PRER14A - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
8-K - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
PRE 14A - NATIONAL SECURITY GROUP INC (0000865058) (Filer)
DURANGO, Colo., June 28, 2024 (GLOBE NEWSWIRE) -- Rocky Mountain Chocolate Factory Inc. (NASDAQ:RMCF) (the "Company", "we", or "RMCF"), an international franchisor and producer of premium chocolates and other confectionery products, including gourmet caramel apples, today announced that Charles Arnold has been appointed to the Company's Board of Directors ("the Board"), where he will serve as Chair of the Audit Committee. Mr. Arnold is a seasoned corporate finance executive with over 20 years of experience leading strategic finance initiatives, including in various C-suite and Board-level positions across public and private companies. Prior to RMCF, Mr. Arnold was a director on the Board
The National Security Group, Inc. (NASDAQ:NSEC) results for the three months ended March 31, 2022 and 2021, based on U.S. generally accepted accounting principles, were reported today as follows: Unaudited Consolidated Financial Summary Three months ended March 31, 2022 2021 Gross premiums written $ 18,639,000 $ 18,834,000 Net premiums written $ 16,035,000 $ 16,386,000 Net premiums earned $ 15,515,000 $ 15,062,000 Net investment income 868,000 804,000 Net investment gains (los
On April 27, 2022, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on May 31, 2022, to shareholders of record May 9, 2022. About The National Security Group, Inc. The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states. The Company primarily writes personal lines property coverage including specialty market dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. The Company also offers life, accident and health, supplementa
The National Security Group, Inc. (NASDAQ:NSEC) results for the three months and year ended December 31, 2021 and 2020, based on U.S. generally accepted accounting principles, were reported today as follows: Unaudited Consolidated Financial Summary Three months ended December 31, Year ended December 31, 2021 2020 2021 2020 Gross premiums written $ 16,514,000 $ 14,976,000 $ 74,246,000 $ 68,782,000 Net premiums written $ 13,988,000 $ 13,218,000 $ 64,179,000 $ 61,406,000
On January 26, 2022, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on February 28, 2022, to shareholders of record February 9, 2022. About The National Security Group, Inc The National Security Group, Inc. (NASDAQ:NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states. The Company primarily writes personal lines property coverage including specialty market dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. The Company also offers life, accident and health,
The National Security Group, Inc. (NASDAQ:NSEC) results for the three months and nine months ended September 30, 2021 and 2020, based on U.S. generally accepted accounting principles, were reported today as follows: Unaudited Consolidated Financial Summary Three months ended September 30, Nine months ended September 30, 2021 2020 2021 2020 Gross premiums written $ 18,504,000 $ 17,618,000 $ 57,732,000 $ 53,806,000 Net premiums written $ 15,949,000 $ 15,605,000 $ 50,191,000 $ 48,188,000
On October 22, 2021, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on November 30, 2021, to shareholders of record November 8, 2021. About The National Security Group, Inc The National Security Group, Inc. (NASDAQ Symbol: NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states. The Company primarily writes personal lines property coverage including specialty market dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. The Company also offers life, accident and
The National Security Group, Inc. (NASDAQ:NSEC) results for the three months and six months ended June 30, 2021 and 2020, based on U.S. generally accepted accounting principles, were reported today as follows: Unaudited Consolidated Financial Summary Three months ended June 30, Six months ended June 30, 2021 2020 2021 2020 Gross premiums written $ 20,394,000 $ 19,057,000 $ 39,228,000 $ 36,188,000 Net premiums written $ 17,856,000 $ 17,252,000 $ 34,242,000 $ 32,583,000
On July 23, 2021, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on August 31, 2021, to shareholders of record August 9, 2021. About The National Security Group, Inc The National Security Group, Inc. (NASDAQ Symbol: NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states. The Company primarily writes personal lines property coverage including specialty market dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. The Company also offers life, accident and health,
The National Security Group, Inc. (NASDAQ:NSEC) results for the three months ended March 31, 2021 and 2020, based on U.S. generally accepted accounting principles, were reported today as follows: Unaudited Consolidated Financial Summary Three months ended March 31, 2021 2020 Gross premiums written $ 18,834,000 $ 17,131,000 Net premiums written $ 16,386,000 $ 15,331,000 Net premiums earned $ 15,062,000 $ 14,955,000 Net investment income 804,000 964,000 Net investment gains (losses)
On April 9, 2021, the Board of Directors of The National Security Group, Inc. (NASDAQ:NSEC), declared a quarterly dividend of $0.06 per share. This cash dividend is payable on May 28, 2021, to shareholders of record May 3, 2021. About The National Security Group, Inc. The National Security Group, Inc. (NASDAQ Symbol: NSEC), through its property and casualty and life insurance subsidiaries, offers property, casualty, life, accident and health insurance in ten states. The Company primarily writes personal lines property coverage including specialty market dwelling fire and windstorm, homeowners and mobile homeowners lines of insurance. The Company also offers life, accident and health, suppl
4 - NATIONAL SECURITY GROUP INC (0000865058) (Issuer)
4 - NATIONAL SECURITY GROUP INC (0000865058) (Issuer)
4 - NATIONAL SECURITY GROUP INC (0000865058) (Issuer)
4 - NATIONAL SECURITY GROUP INC (0000865058) (Issuer)
5 - NATIONAL SECURITY GROUP INC (0000865058) (Issuer)
5 - NATIONAL SECURITY GROUP INC (0000865058) (Issuer)
5 - NATIONAL SECURITY GROUP INC (0000865058) (Issuer)
5 - NATIONAL SECURITY GROUP INC (0000865058) (Issuer)