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Primerica, Inc. (PRI)

NYSE - Nasdaq Real-time price. Currency in USD
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248.55-2.90 (-1.15%)
At close: 04:00PM EDT
248.54 -0.01 (-0.00%)
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  • Business Wire

    Primerica Announces its Intention to Exit Senior Health Business

    DULUTH, Ga., July 16, 2024--Primerica, Inc. (NYSE:PRI) announced today that after carefully considering various options, the Board of Directors has opted to exit its senior health business by relinquishing ownership of e-TeleQuote Insurance, Inc. (e-TeleQuote). The senior health subsidiary, acquired in July 2021, does not have a clear path toward anticipated profitability within an acceptable timeframe in the increasingly challenging senior health distribution market. Further, the industry is fa

  • Business Wire

    Primerica Convention Opens on Heels of Unprecedented Success Serving Middle-Income Families

    DULUTH, Ga., July 10, 2024--The 2024 Primerica International Convention, Atlanta’s largest corporate meeting with attendees from across the U.S. and Canada, returns to the city starting today through July 13. The event, hosted by Primerica, Inc. a leading provider of financial services and products, is estimated to draw as many as 40,000 members of its sales force with a projected economic impact of $46 million on the local economy.

  • Yahoo Finance Video

    Middle-income families feel 'high level of stress' about savings

    Two-thirds of American middle-income families feel they are falling behind the rising costs of living in the US, according to data from Primerica. Though a tick down from last year's sentiment of 71%, this is still a worrying figure as more Americans are dealing with price pressures tied to housing costs and food prices. Primerica (PRI) CEO Glenn Williams talks more about the data with Brad Smith, stating "we also detect a high level of stress financially from these families" as US consumers reprioritize their spending. "As we sit down with families, clearly they know they need to be saving for the future, particularly for retirement. They need to make sure debt doesn't get out of control. But we see them in action. We sit down with them and first analyze where they are today. And that's where it exposes that. What sometimes they think is happening is not exactly what's happening. They're spending more than they think. They're using credit more, they're saving less, or the amount that they're saving is not going to get them where they want to go in time," Williams elaborates. "And then as families get started, they get a little momentum. And then they find out it's easier to take the next step and the next step. We find out that, Brad, it's not usually the information, it's the personal application of the information to their specific circumstances that confuse families. And then it's the motivation to act and continue to act that families need." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Luke Carberry Mogan.