A.M. Best Comments on Ratings of American Financial Group, Inc. and National Interstate Corporation Following Announcement of Merger Agreement
BusinessWire - Fri Jul 29, 9:42AM CDT
A.M. Best has commented that the ratings of American Financial Group, Inc. (AFG) (Cincinnati, OH) [NYSE: AFG] and its insurance subsidiaries, and the ratings of National Interstate Corporation (NATL) (headquartered in Richfield, OH) [NASDAQ: NATL] and its insurance subsidiaries are unchanged following the July 25, 2016, announcement that an agreement has been reached under which AFG will acquire all shares of NATL not currently owned by AFG's subsidiary Great American Insurance Company (GAIC).
AFG: 73.10 (-0.56), NATL: 32.43 (-0.01)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Concerning the Fairness of the Sale of National Interstate Corporation to Great American Insurance Company
BusinessWire - Thu Jul 28, 3:51PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
NATL: 32.43 (-0.01)
INVESTOR ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of National Interstate Corporation And Encourages Shareholders To Contact The Firm For Additional Information
BusinessWire - Thu Jul 28, 1:17PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of National Interstate Corporation (Nasdaq: NATL) ("National Interstate" or the "Company"
NATL: 32.43 (-0.01)
Harwood Feffer LLP Announces Investigation of National Interstate Corporation
PR Newswire - Wed Jul 27, 4:28PM CDT
Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of National Interstate Corporation ("National Interstate" or the "Company"
NATL: 32.43 (-0.01)
INVESTOR ALERT: Levi & Korsinsky, LLP Announces the Commencement of an Investigation Concerning the Fairness of the Sale of National Interstate Corporation to Great American Insurance Company
BusinessWire - Wed Jul 27, 1:28PM CDT
The following statement is being issued by Levi & Korsinsky, LLP:
NATL: 32.43 (-0.01)
NATIONAL INTERSTATE CORPORATION SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
BusinessWire - Wed Jul 27, 10:04AM CDT
Rigrodsky & Long, P.A.:
AFG: 73.10 (-0.56), NATL: 32.43 (-0.01)
SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of National Interstate Corporation And Encourages Investors To Contact The Firm For Additional Information
BusinessWire - Tue Jul 26, 7:10PM CDT
The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of National Interstate Corporation (Nasdaq: NATL) ("National Interstate" or the "Company"
NATL: 32.43 (-0.01)
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces an Investigation Into Whether the Sale of National Interstate Corporation to Great American Insurance Company for $32.00 Per Share is Fair to Shareholders -- NATL
ACCESSWIRE - Mon Jul 25, 2:25PM CDT
NEW YORK, NY / ACCESSWIRE / July 25, 2016 / The following statement is being issued by Levi & Korsinsky, LLP:
NATL: 32.43 (-0.01)
NATIONAL INTERSTATE CORPORATION SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Sale to Great American Insurance Company
BusinessWire - Mon Jul 25, 11:06AM CDT
Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of National Interstate Corporation ("National Interstate"
NATL: 32.43 (-0.01)
Great American Insurance Company to Acquire National Interstate Corporation
GlobeNewswire - Mon Jul 25, 7:45AM CDT
National Interstate Corporation (Nasdaq:NATL) ("National Interstate" or the "Company"
AFG: 73.10 (-0.56), NATL: 32.43 (-0.01)
American Financial Group, Inc. Enters Into Merger Agreement with National Interstate; Announces Preliminary Second Quarter 2016 Results
BusinessWire - Mon Jul 25, 7:45AM CDT
--NATL transaction would generate a non-core tax benefit of approximately $64 million to AFG at the time it is consummated
AFG: 73.10 (-0.56), NATL: 32.43 (-0.01)
National Interstate Insurance Company Receives 2016 Top Workplaces Award From the Cleveland Plain Dealer
GlobeNewswire - Wed Jul 13, 3:41PM CDT
National Interstate, a leading provider of commercial transportation insurance, is proud to announce it has been awarded a 2016 Top Workplaces honor by The Cleveland Plain Dealer. The Top Workplaces lists are based solely on the results of an employee feedback survey administered to the organization by Workplace Dynamics, LLC, a leading research firm that specializes in workplace improvement and organizational health.
NATL: 32.43 (-0.01)
Special Committee of National Interstate Corporation Considering Latest Proposal from Great American Insurance Company
GlobeNewswire - Fri Jul 08, 3:45PM CDT
National Interstate Corporation (Nasdaq:NATL) (the "Company"
AFG: 73.10 (-0.56), NATL: 32.43 (-0.01)
American Financial Raises Offer Price for National Interstate
Zacks Equity Research - Zacks Investment Research - Fri Jul 08, 8:50AM CDT
American Financial Group, Inc. (AFG) has increased its offer price by $2 per share in its final bid to acquire the outstanding common shares of National Interstate Corporation (NATL).
AIZ: 83.01 (-0.34), AFG: 73.10 (-0.56), AJG: 49.19 (-0.22), NATL: 32.43 (-0.01)
American Financial Group Increases Offer to Acquire Public Minority Stake in National Interstate to $32 per Share
BusinessWire - Wed Jul 06, 7:54AM CDT
--Increased cash offer provides full and fair price to National Interstate shareholders
AFG: 73.10 (-0.56), NATL: 32.43 (-0.01)
A.M. Best Affirms Ratings of National Interstate Corporation and Its Property/Casualty Subsidiaries
BusinessWire - Thu May 12, 12:33PM CDT
A.M. Best has affirmed the financial strength rating of A (Excellent) and the issuer credit ratings (ICR) of "a+" of National Interstate Insurance Company and its affiliates, National Interstate Insurance Company of Hawaii, Inc., Triumphe Casualty Company and Vanliner Insurance Company (collectively referred to as National Interstate). Concurrently, A.M. Best has affirmed the ICR of "bbb+" of National Interstate Corporation (NATL) [NASDAQ: NATL]. Vanliner is domiciled in Fenton, MO. All other companies are headquartered in Richfield, OH. NATL is approximately 51% owned by Great American Insurance Company, a wholly owned subsidiary of American Financial Group, Inc. The outlook for each rating is stable.
NATL: 32.43 (-0.01)
National Interstate Corporation Announces Quarterly Dividend
GlobeNewswire - Mon May 09, 8:00AM CDT
National Interstate Corporation (Nasdaq:NATL) announced that on May 5, 2016, its Board of Directors approved a quarterly dividend of $0.14 per share. The cash dividend will be payable on May 31, 2016 to shareholders of record of the Company's common stock as of the close of business on May 20, 2016.
AFG: 73.10 (-0.56), NATL: 32.43 (-0.01)
Customer Experience Provider inQuba Expands Client Roster with Addition of National Interstate Insurance Company
PRWeb - Wed May 04, 6:04AM CDT
The inQuba firm, an emerging leader providing customer experience management software and services, announced today that its portfolio of insurance and financial services clients is expanding with the addition of National Interstate Insurance Company. National Interstate is set to launch its personalized CX initiative with event driven Voice of the Customer (VoC) survey capability, analytics and case management, designed specifically for the forward-thinking insurance carrier seeking to deliver an optimal policyholder experience.
NATL: 32.43 (-0.01)
National Interstate posts 1Q profit
Automated Insights - Mon May 02, 5:07PM CDT
RICHFIELD, Ohio (AP) _ National Interstate Corp. (NATL) on Monday reported first-quarter earnings of $6.8 million.
NATL: 32.43 (-0.01)
National Interstate Corporation Reports 2016 First Quarter Results
GlobeNewswire - Mon May 02, 3:30PM CDT
-- 2016 first quarter operating earnings per share of $0.38 compared to $0.33 for the 2015 first quarter
AFG: 73.10 (-0.56), NATL: 32.43 (-0.01)