Latest news with #ChrisRice
Yahoo
a day ago
- Automotive
- Yahoo
NASCAR News: Kaulig Racing Presidents Addresses Ty Dillon's Future with Team
Cup Series driver Ty Dillon had a Cinderella story this season, advancing to the final round of the NASCAR In-Season Challenge and nearly winning $1 million. It's largely been the only highlight in a contract year, but it appears he's done enough to reclaim his seat behind the wheel next season. Appearing on SiriusXM NASCAR, Kaulig Racing president Chris Rice said he expects Dillon to return to the organization next season, and an official announcement could be coming soon. 'We're real close to having Ty's deal done…He's pushed us to be better..' Kaulig Racing president Chris Rice on Ty Dillon's uture with the team Related: Ty Dillon stats (): 355 points, 1 top 10, 1 DNF, 8 laps led, 24.542 average starting position, 23.375 average finishing position in 24 races Entering the NASCAR schedule this weekend, Dillon is 263 points outside of the final playoff spot with two races remaining in the regular season. Barring a victory at Richmond Raceway or Daytona International Speedway, Dillon and Kaulig Racing will not be competing in the playoffs. The 33-year-old driver has at least shown some improvement as of late. While he ranks 32nd in average finishing position (24.5) this season, he has recorded four top-20 finishes since the Quaker State 400. With Dillon expected to receive a new deal keeping him in the No. 10 car next season, Kaulig Racing is poised to retain both its drivers in 2026, with A.J. Allmendinger also expected to stay with the team. Read More: Related Headlines Kelsey Plum Addresses Perceived Jab at Caitlin Clark from WNBA All-Star Game NASCAR Starting Lineup for Richmond: Cook Out 400 Starting Grid, Cup Series Qualifying Results Patriots Have 5 Wide Receiver Spots Locked Down Ahead Of Preseason Week 2
Hospitality Net
29-05-2025
- Business
- Hospitality Net
Chris Rice named 2025 NEWH ICON of Industry at Network of Executive Women in Hospitality (NEWH)
NEWH, Inc. (Network of Executive Women in Hospitality), the premier organization dedicated to scholarships, education, mentorship, and networking in the hospitality industry, has named Chris Rice, founder and president of Kellex Corporation, as the 2025 NEWH ICON of Industry recipient. The organization's most prestigious recognition, the ICON of Industry, is honored at the Gold Key Gala on November 10, 2025, in New York City in conjunction with BD|NY. The NEWH ICON of Industry award celebrates manufacturing leaders in hospitality, honoring those who have uniquely impacted the industry for more than 30 years through their innovative work, consistent dedication to the community, and industry outreach through education and corporate giving. Beginning in 1994, Rice founded and continues to lead Kellex Corporation, an industry-recognized leader in quality furniture manufacturing for the hotel industry while also giving back to the community. "Chris represents exemplary leadership in the hospitality industry, cultivating a culture of excellence, service, and community. He embodies our organization's commitment to the advancement of the profession through thoughtful investment both within his organization and the industry at large," said Chris Tucker, CEO of NEWH, Inc. "He has consistently championed the success of hospitality, uplifting both established and up-and-coming voices in a way that furthers the mission of NEWH." NEWH recognizes Rice as an innovator, mentor, and steadfast advocate for American manufacturing, exemplified across his three decades in hospitality. His commitment to fostering a positive work culture has set a benchmark for the industry, proving that investing in employees' well-being translates into long-term success. In addition to implementing education and workforce development initiatives internally, Rice is deeply committed to supporting emerging talent in the industry, curating programming for high school and college students to learn more about hospitality manufacturing through immersive experiences. In 2024, Rice's dedication to the industry was further underscored by his establishment of a design competition for interior design college students, stemming from his passion for educating future designers. This initiative provided students with a comprehensive learning experience, combining classroom education with hands-on exposure through factory visits focused on contract furniture, specifications, and industry practices. As a result, two winning teams emerged with standout designs, which will be showcased at BD|NY this November. As the NEWH ICON of Industry, Rice represents the heart of NEWH's mission to promote the advancement of hospitality professionals at every level while uplifting those around him.
Yahoo
18-02-2025
- Automotive
- Yahoo
LexisNexis® U.S. Insurance Demand Meter Reports Continued Hot Streak with "Nuclear" U.S. Consumer Shopping and "Sizzling" New Policy Growth
ATLANTA, Feb. 18, 2025 /PRNewswire/ -- For the third consecutive quarter, U.S. auto insurance shopping remains "Nuclear," according to the LexisNexis® Risk Solutions U.S. Insurance Demand Meter, while new policy growth registered at a "Sizzling" level. Insurers saw 18% more consumers shopping in 2024 compared to 2023 levels. A combination of consumers seeing their rates increasing in conjunction with carrier-led marketing campaigns promoting lower premiums helped entice policyholders into the market. Compared to their behavior in previous quarters, those shoppers didn't necessarily switch their policies. Key Takeaways Consumers Continue to Shop: As of December 31, 2024, 45% of policies-in-force were shopped at least once in the last 12 months. Shopping and New Policy Growth Increased Year-over-Year: Shopping grew 26% in Q4 2024, while new policy growth was 17.7% in Q4 2024. Insurance Not Included in Holiday Shopping Lists: Similar to prior years, the number of new policies issued dropped in November and December in 2024 as consumers shifted their focus to the holiday season. However, Q4's drop was greater than in previous years, likely as a result of increased rate parity across carriers in the market, which likely hampered consumers' ability to find lower rates. Key Observations"In the first half of 2024, when consumers shopped their policies, they were looking for opportunities for discounts and were willing to switch. At that time, insurers saw the growth of carrier switching outpacing the growth in shopping because it was easier for shoppers to find more favorable premiums," said Chris Rice, vice president of strategic business intelligence, insurance, LexisNexis Risk Solutions. "However, that trend reversed in the latter half of 2024, with shopping growth outpacing new business, as carriers in a number of states had implemented rate increases, making it harder for consumers to find savings attractive enough to follow through and switch." New York and Hawaii as OutliersInsurers saw pre-hard market volumes in Q4 for shopping and new business in every state except New York and Hawaii. While overall, new policy growth started to stabilize industry-wide in 2023, New York saw the opposite occur. It dipped even further into negative territory as other states experienced positive numbers. Despite having taken rate increases in line with industry average, by the end of 2024, New York was still below Q4 2020 levels for new policy growth volumes, a likely result of many insurers still employing underwriting restrictions and/or limiting marketing efforts in the state. Looking AheadIf shopping for new policies (and switching policies) loses steam in 2025, it may signal an opportunity to create targeted marketing messaging for consumers confronted with the limited availability of attractive deals. Marketing efforts are becoming the main driver of shopping activity, and carriers are taking note. As competition for shoppers tightens, carriers may need to balance targeting the consumers they are priced competitively to reach, while focusing on retaining current customers to reach desired growth goals. "Marketing and pricing strategies will be the key differentiators as insurers work to attract new customers while retaining existing policyholders," said Jeff Batiste, senior vice president and general manager, U.S. auto and home insurance, LexisNexis Risk Solutions. "The start of 2025 has been marked by devastating events, from the wildfires that swept through Southern California to winter storms extending into the South, which compound the heavy losses from last year's natural disasters. While auto insurance rates have largely stabilized for now, the expectation is that insurers will continue to raise rates to respond to these catastrophes. It will be crucial for insurers to monitor how this trend affects home insurance shopping—and, in turn, the behavior of auto shoppers who also own homes." Download the latest U.S. Insurance Demand Meter. LexisNexis U.S. Insurance Demand MeterThe LexisNexis® U.S. Insurance Demand Meter is a quarterly analysis of shopping volume and frequency, new business volume and related data points. LexisNexis Risk Solutions offers this unique market-wide perspective of U.S. consumer shopping and switching behavior based on its analysis of consumer shopping transactions since 2009, representing nearly 90% of the universe of U.S. insurance shopping activity. About LexisNexis Risk SolutionsLexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit and Media Contacts:Annalysce BakerLexisNexis Risk SolutionsPhone: +1 Dean CarneyBrodeur Partners for LexisNexis Risk SolutionsPhone: +1 646.746.5607dcarney@ View original content to download multimedia: SOURCE LexisNexis Risk Solutions Sign in to access your portfolio
