Streetbeat News

ICCH

ICC Holdings, Inc.

https://ir.iccholdingsinc.com

Industry

Insurance - Specialty

ICC Holdings, Inc., together with its subsidiaries, provides property and casualty insurance products to the food and beverage industry in the United States. The company offers commercial multi-peril, liquor liability, workers' compensation, and umbrella liability insurance products. It markets its products through a network of 186 independent agents in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Minnesota, Michigan, Missouri, Ohio, Oregon, Pennsylvania, Tennessee, Utah, and Wisconsin. ICC Holdings, Inc. was founded in 1950 and is headquartered in Rock Island, Illinois.

Open

23.15

Mkt cap

73M

Volume

796

High

23.24

P/E Ratio

10.76

52-wk high

23.39

Low

23.15

Div yield

N/A

52-wk low

14.78

Kahn Swick & Foti, LLC is investigating the proposed sale of ICC Holdings, Inc. to Mutual Capital Group, Inc. for $23.50 per share, assessing the adequacy of the price and process.

Portfolio Pulse from

November 15, 2024 | 11:30 pm

ICC Holdings announced that the Stilwell Group has withdrawn its nomination of Joseph Stilwell for election to the company's board. The company is urging shareholders to vote for the current directors using the white proxy card.

Portfolio Pulse from Benzinga Newsdesk

June 11, 2024 | 8:43 pm

Crude oil prices rose sharply, and ICC Holdings shares spiked higher. The Dow and S&P 500 saw slight gains, while the Nasdaq Composite edged lower. Notable stock movements included Diamond Offshore Drilling's acquisition by Noble Corporation, Big Tree Cloud Holdings' significant rise, and ICC Holdings' surge following an acquisition announcement. Perion Network and Sify Technologies saw substantial declines.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 6:37 pm

Shares of Skye Bioscience, Inc. (NASDAQ:SKYE) fell sharply by 19% after the company announced the discontinuation of its SBI-100 Ophthalmic Emulsion Phase 2a trial. Other notable movers include Big Tree Cloud Holdings Limited (NASDAQ:DSY) which jumped 123% following a business combination, and KWESST Micro Systems Inc. (NASDAQ:KWE) which gained 79.8% after being awarded a significant sub-contract. Several other stocks experienced significant gains or losses during Monday's mid-day session.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 6:10 pm

Wall Street is experiencing a quiet trading session with major indices showing little movement as investors await key economic events. Energy stocks lead gains, while regional banks decline. Notable stock movements include Southwest Airlines rising 8% and Huntington Bancshares falling over 5%.

Portfolio Pulse from Piero Cingari

June 10, 2024 | 5:22 pm

U.S. stocks traded mixed with the Dow Jones falling slightly while the NASDAQ and S&P 500 rose. Energy shares climbed, and financial shares fell. Diamond Offshore Drilling will be acquired by Noble Corporation. KWESST Micro Systems shares surged after a significant contract award. Big Tree Cloud Holdings, ICC Holdings, and KWESST Micro Systems saw significant gains, while Perion Network, Sify Technologies, and Enservco Corporation experienced notable declines.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 4:02 pm

ICC Holdings, Inc. (NASDAQ: ICCH) shares surged after announcing a definitive acquisition deal with Mutual Capital Group, Inc. for $73.8 million. The acquisition price of $23.50 per share represents a significant premium over recent stock prices. The transaction is expected to close in Q4 2024, with ICCH continuing as an independent subsidiary.

Portfolio Pulse from Lekha Gupta

June 10, 2024 | 3:52 pm

ICC Holdings shares are trading higher following the announcement that Mutual Capital Group will acquire the company for $23.50 per share.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 3:26 pm

U.S. stocks were mixed on Monday, with the Dow Jones index falling around 0.2%. ICC Holdings, Inc. (NASDAQ:ICCH) saw a significant rise of 43% after Mutual Capital Group announced plans to acquire the company for $23.50 per share. Other notable gainers included QXO, Inc. (NASDAQ:QXO), Opera Limited (NASDAQ:OPRA), Ivanhoe Electric Inc. (NYSE:IE), and several others.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 3:25 pm

ICC Holdings shares have resumed trading following the announcement that the company is being acquired by Mutual Capital Group for $23.50 per share in cash.

Portfolio Pulse from Benzinga Newsdesk

June 10, 2024 | 11:09 am

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