Employers Holdings, Inc. (EIG): Lenard T Ormsby , EVP, Chief Legal Officer of Employers Holdings, Inc. sold 16,482 shares on Jun 1, 2016. The Insider selling transaction was reported by the company on Jun 2, 2016 to the Securities and Exchange Commission. The shares were sold at $30.17 per share for a total value of $497,261.94 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 31, 2016, Lenard T Ormsby (EVP, Chief Legal Officer) sold 7,218 shares at $30.23 per share price.On May 18, 2016, Stephen V Festa (EVP, Chief Operating Officer) sold 6,000 shares at $29.90 per share price.Also, On May 2, 2016, John P Nelson (EVP, Chief Admin Officer) sold 20,833 shares at $30.00 per share price.On May 2, 2016, Ann W Nelson (EVP, Corp. & Public Affairs) sold 10,002 shares at $30.00 per share price.
Employers Holdings: On Wednesday, Jun 1, 2016 heightened volatility was witnessed in Employers Holdings which led to swings in the share price. The shares opened for trading at $29.71 and hit $29.92 on the upside , eventually ending the session at $29.89, with a gain of 0.13% or 0.04 points. The heightened volatility saw the trading volume jump to 3,48,245 shares. The 52-week high of the share price is $30.53 and the company has a market cap of $970 M . The 52-week low of the share price is at $20.86.
Employers Holdings Inc. is a holding company. Through its insurance subsidiaries the Company provides workers’ compensation insurance coverage to select small businesses in low to medium hazard industries. It provides workers’ compensation insurance under a statutory system wherein employers are required to provide coverage for their employees’ medical disability vocational rehabilitation and/or death benefit costs for work-related injuries or illnesses. It provides workers’ compensation insurance in around 31 states and the District of Columbia. The Company invests in fixed maturity securities equity securities and cash equivalents. Its small business low to medium hazard workers’ compensation insurance products are offered and marketed through the Company’s partners and alliances. Its insurance subsidiaries include Employers Insurance Company of Nevada Employers Compensation Insurance Company Employers Preferred Insurance Company and Employers Assurance Company.