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Harley-Davidson delivers strong first quarter financial results and raises full-year financial guidance

Share this article MILWAUKEE, April 19, 2021 /PRNewswire/  Harley-Davidson, Inc. ( Harley-Davidson ) (NYSE:HOG) today reported first quarter results. I am very pleased with the pace of recovery that we have seen across our business, as demonstrated by the strong financial results this quarter. The actions we have taken to reshape the business are having a positive impact on our results, especially for our most important North American region, said Jochen Zeitz, chairman, president and CEO, Harley-Davidson. We can see the initial signs of consumer excitement and optimism returning and I am confident Harley-Davidson in 2021 is a significantly leaner, faster, and more efficient organization which is ready to win and successfully deliver on our 5-year Hardwire strategy, as the most desirable motorcycle brand in the world.

Editorial Roundup: New England

Editorial Roundup: New England
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Regulator Deems Florida-Based American Capital Assurance Corp Insolvent

Regulator Deems Florida-Based American Capital Assurance Corp. Insolvent After negative moves by ratings agencies last month to address its financial issues, Florida’s insurance regulator says American Capital Assurance Corp. (AmCap) is insolvent and should be placed in receivership, In a letter dated April 2 to Chief Financial Officer Jimmy Patronis, Florida Insurance Commissioner David Altmaier said the Office of Insurance Regulation (OIR) has determined that grounds exist for the “initiation of delinquency proceedings” against AmCap. Included in the letter is a consent to order of receivership signed by AmCap “in which it admits that is insolvent.” The Florida-based insurer, which focused on commercial residential and non-residential property risks, as well as flood coverage, had more than 1,900 policies in force in Florida as of Sept. 30, 2020, with nearly $80 million in annualized premium, according to OIR data. The company also writes business in Georgia, Louisiana

AG Healey Calls on U S Secretary of Education to Further Address Student Loan Crisis

BOSTON Attorney General Maura Healey today joined a coalition of 23 attorneys general in sending a letter to the U.S. Secretary of Education Dr. Miguel Cardona calling for reforms that would enable borrowers to better navigate student loan repayment and protect borrowers from debts incurred attending predatory for-profit and defunct colleges. “The U.S Department of Education has the authority to take meaningful and immediate action to help struggling student borrowers, especially as we recover from the economic crisis created by the COVID-19 pandemic,” said AG Healey. “We are calling on Secretary Cardona to pursue reforms and work with states to ease the crushing burden of student loan debt for tens of millions of Americans and their families.”

Cayman: New Grand Court Judge Sworn in

Cayman: New Grand Court Judge Sworn in
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