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Total P&C premium production increased 15% for the quarter to $303 million Insurance Distribution Segment Commission Income grew to $37 million, an increase of 13% Organic revenue growth equaled 8.1% Net loss to Shareholders of $(1) million for the quarter, an improvement of 76% Adjusted EBITDA to Shareholders of $7 million for the quarter, up 33% Specialty P&C Insurance ("Everspan") Gross and net premiums written of $80 million and $23 million were up 34% and 978%, respectively Combined ratio fell below 100% Net income to Shareholders was $1 million, down 37% Adjusted EBITDA to Shareholders of $1.5 million, down 46% Octave Specialty Group, Inc. (NYSE:O
Hammurabi, a division of accident and health managing general underwriter Xchange Benefits LLC, a subsidiary of Octave Specialty Group, Inc. (NYSE:OSG), has unveiled an artificial intelligence platform that fundamentally transforms how medical stop loss insurance is underwritten, replacing a traditionally labor-intensive process with near-instant risk prediction and pricing accuracy. Designed to deliver efficiencies in the $40 billion medical stop loss market, Hammurabi's proprietary neuro-semiotic models apply advanced machine learning to predict employer health risk with speed and precision. The result is a dramatic reduction in standard market underwriting timelines—from days to minute
Darwin Lucas appointed President and Nicole Crowley promoted to General Counsel Everspan Group ("Everspan"), a specialty property and casualty insurance platform and wholly owned subsidiary of Octave Specialty Group, Inc. (NYSE:OSG), today announced two leadership changes to support its next phase of growth. Effective immediately, Darwin Lucas will become President, succeeding Steve Dresner, and Nicole Crowley has been promoted to General Counsel. Lucas has served as Chief Underwriting and Reinsurance Officer since 2023, a role he will continue to hold. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260210484478/en/Everspan Gr
10-K - OCTAVE SPECIALTY GROUP INC (0000874501) (Filer)
8-K - OCTAVE SPECIALTY GROUP INC (0000874501) (Filer)
8-K - OCTAVE SPECIALTY GROUP INC (0000874501) (Filer)
4/A - OCTAVE SPECIALTY GROUP INC (0000874501) (Issuer)
4/A - OCTAVE SPECIALTY GROUP INC (0000874501) (Issuer)
4 - OCTAVE SPECIALTY GROUP INC (0000874501) (Issuer)
4 - OCTAVE SPECIALTY GROUP INC (0000874501) (Issuer)
4 - OVERSEAS SHIPHOLDING GROUP INC (0000075208) (Issuer)
Audit Committee Appoints Ernst & Young LLP as Auditor for the Year Ended December 31, 2026 KPMG to Remain the Auditor for the Year Ended December 31, 2025 Octave Specialty Group, Inc. (NYSE:OSG) today announced that as a result of a review process, the Audit Committee of its Board of Directors has approved the engagement of Ernst & Young LLP ("EY") as the Company's independent registered public accounting firm for the Company's fiscal year ended December 31, 2026, subject to completion of EY's client acceptance procedures and the execution of an engagement letter. KPMG LLP ("KPMG"), the Company's current independent registered public accounting firm, will continue as the Company's indepen
OSG seeks to improve gender diversity in the maritime industry through scholarships to women pursuing careers at sea Overseas Shipholding Group, Inc. ("OSG") continues their efforts to remove financial barriers for women entering the maritime industry with a scholarship pledge in the amount of $30,000. The scholarship funds will be used to support the Women Offshore Foundation's 2024 Summer Sea Term Scholarship Program that is designed to help women+ enrolled at a U.S. maritime academy with financial support while they pursue a career on the water. This scholarship pledge is in addition to the $30,000 OSG provided to the Women Offshore Foundation used for four scholarships for the 2023 su
SC 13G - OVERSEAS SHIPHOLDING GROUP INC (0000075208) (Subject)
SC 13D/A - OVERSEAS SHIPHOLDING GROUP INC (0000075208) (Subject)
SC 13D/A - OVERSEAS SHIPHOLDING GROUP INC (0000075208) (Subject)
Total P&C premium production increased 15% for the quarter to $303 million Insurance Distribution Segment Commission Income grew to $37 million, an increase of 13% Organic revenue growth equaled 8.1% Net loss to Shareholders of $(1) million for the quarter, an improvement of 76% Adjusted EBITDA to Shareholders of $7 million for the quarter, up 33% Specialty P&C Insurance ("Everspan") Gross and net premiums written of $80 million and $23 million were up 34% and 978%, respectively Combined ratio fell below 100% Net income to Shareholders was $1 million, down 37% Adjusted EBITDA to Shareholders of $1.5 million, down 46% Octave Specialty Group, Inc. (NYSE:O
Conference Call Scheduled for February 24, 2026 Octave Specialty Group, Inc. (NYSE:OSG), a global specialty insurance firm, will release fourth quarter 2025 results on February 23, 2026, following the close of the market. Conference Call On February 24, 2026, at 8:30am (ET), Claude LeBlanc, President and Chief Executive Officer, and David Trick, Executive Vice President and Chief Financial Officer, will discuss fourth quarter 2025 results during a live conference call. A live audio webcast of the call will be available through the Investor Relations section of Octave's website, www.octavegroup.com. Participants may also listen via telephone by dialing (877) 407-9716 (Domestic) or (201
Overseas Shipholding Group, Inc. (NYSE:OSG) (the "Company" or "OSG"), a leading provider of liquid bulk transportation services in the energy industry for crude oil and petroleum products in the U.S. Flag markets, today reported results for the first quarter of 2024. Net income for the first quarter of 2024 was $14.6 million, or $0.19 per diluted share, compared to net income of $12.1 million, or $0.14 per diluted share, for the first quarter of 2023. Adjusted EBITDA(A), a non-GAAP measure, for the first quarter of 2024 was $43.9 million, an increase of $3.0 million, or 7.3%, from the first quarter of 2023. Shipping revenues for the first quarter of 2024 were $117.5 million, an inc