PTVCB News and Press, Protective Insurance Corporation Class B Common Stock From 03/11/21

Protective Insurance  (PTVCB): Q4 GAAP EPS of $0.84.Net premiums earned of $120.27M (+8.0% Y/Y)Press Release For further details see: Protective Insurance  reports Q4 results

CARMEL, Ind., March 11, 2021 (GLOBE NEWSWIRE) -- Protective Insurance Corporation (NASDAQ: PTVCA, PTVCB) today reported fourth quarter net income of $12.0 million, or $0.84 per share, which compares to net income of $3.8 million, or $0.26 per share, for the prior year’s fourth quarte...

Progressive ([[PGR]] +1.6%) believes its in-house media buying gives it an edge over insure-tech firms in keeping down costs for acquiring new customers, said CEO Tricia Griffith and Chef Financial Officer John Sauerland in its Q4 earnings call."We believe our very reasonable acquisition cost...

Merger activity decreased last week with four new deals announced. The acquisition of Enable Midstream Partners by Energy Transfer. The acquisition of Tribune Publishing Company by Alden Golden Capital. For further details see: Merger Arbitrage Mondays - Consolidati...

AM Best has placed under review with positive implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Protective Insurance Company and its wholly owned subsidiaries, Sagamore Insurance Company and Protective Specialt...

Gainers: Protective Insurance (PTVCB) +53%. Xinyuan Real Estate (XIN) +33%. FinVolution Group (FINV) +26%. Futu Holdings (FUTU) +21%.Losers: Washington Prime Group (WPG) -33%. loanDepot (LDI) -11%. Upstart Holdings (UPST) -10%. ARYA Sciences Acquisition (ARYA) -9%. Fathom Holdings (FTHM) -8%....

Gainers: Luokung Technology (LKCO) +112%.Kubient (KBNT) +63%.SOS (SOS) +58%.Torchlight Energy Resources (TRCH) +54%.Protective Insurance (PTVCB) +53%.500.com (WBAI) +45%.ALJ Regional (ALJJ) +45%.Urban Tea (MYT) +44%.Canaan (CAN) +36%.Applied Genetic Technologies (AGTC) +32...

Shares of Protective Insurance Corporation (NASDAQ: PTVCA) (NASDAQ: PTVCB) surged this morning after Progressive Corporation (NYSE: PGR) , one of the largest car insurers in the U.S., announced its plans to acquire the company. Protective Insurance Corporation Class A sh...

The Progressive (PGR) and Protective Insurance (PTVCB) entered into a definitive agreement wherein the former agreed to acquire all of the outstanding Class A and Class B common shares of Protective for $23.30/share in cash for a total transaction value of ~$338M.Acquisition is expected to cl...

Leader in Commercial Auto Insurance Seeks to Expand Capabilities Protective Shareholders to Receive $23.30 Per Share in Cash MAYFIELD VILLAGE, Ohio and CARMEL, Ind., Feb. 16, 2021 (GLOBE NEWSWIRE) -- The Progressive Corporation (NYSE: PGR) and Protective Insurance ...