Invitation Homes Inc
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Real Estate : Equity Real Estate Investment Trusts (REITs) | Mid Cap Blend
Company profile

Invitation Homes Inc. is a real estate investment trust. The Company owns and operates single-family homes for lease in the United States. With approximately 80,000 homes for lease in 16 markets across the United States, the Company has built a vertically integrated operating platform that enables to acquire, renovate, lease, maintain, and manage its homes. The Company's segment relates to acquiring, renovating, leasing and operating single-family homes as rental properties, including single-family homes in planned unit developments. The Company's home averages approximately 1,850 square feet with three bedrooms and two bathrooms. The Company's business activities encompasses property operations, marketing, leasing, digital marketing, resident relations, property maintenance, investment and asset management functions.

Postmarket

Last Trade
Delayed
$27.57
0.31 (1.14%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$27.26
Day's Change
-0.14 (-0.51%)
Bid
--
Ask
--
B/A Size
--
Day's High
27.41
Day's Low
26.87
Volume
(Average)
Volume:
2,874,474

10-day average volume:
2,810,147
2,874,474

Tim East shares the secrets of self-insurance and how the Alternative Security Program boosts California businesses competitive edge

11:43 am ET September 22, 2020 (PR Newswire) Print

Tim East, Director of Risk Management at the Walt Disney Company and CEO and Chair of the Board of Trustees for the California Self-Insurers' Security Fund (CASISF), recently sat down for a conversation with the California Business Journal about workers' compensation self-insurance.

https://mma.prnewswire.com/media/1277544/California_Self_Insurers_Security_Fund_Tim_East.jpg

East shared his thoughts on topics ranging from the benefits of self-insurance to the impact of the current Covid-19 pandemic on evolving law in California. Front of mind for East is how self-insurance supports both employers and employees. Some key insights he shared include:

CASISF's innovative first-in-the-nation Alternative Security Program (ASP) provides self-insured employers with a $6.5 billion "low-cost substitute for collateral without any balance sheet impact." East says.

"The availability of the ASP incentivizes more California companies to become self-insured for workers' comp because not only do companies not have to pay large workers' comp insurance premiums every month, they don't have to set aside a large chunk of working capital to self-insure," East says. "Self-insurance has tremendous advantages and, in many cases, substantial cost savings for employers."

East emphasizes the best reasons for being self-insured are the Three Cs: Cost, Control, and Care, shorthand for cost-effectiveness, claims program control, and personalized care for those injured.

East discussed the ease of becoming self-insured. Companies wishing to become self-insured can achieve this in about 30 days from initial application to being fully self-insured. CASISF maintains a full complement of self-insurance resources on their website.

Read the full conversation with Tim East here.

The California Self-Insurers' Security Fund (CASISF) has been proudly serving its members for 36 years since its founding on July 6, 1994. We are a member-driven non-profit organization with leadership by a volunteer Board of Trustees representing members serving members. The Security Fund is a strategic partner supporting California self-insured workers' compensation programs. "We are California Workers' Comp Experts" with a singular focus on self-insurance.

More information on California's workers' compensation self-insurance program is available at CASISF's website - www.securityfund.org or by emailing membership@securityfund.org. For media inquiries, contact Becky Lysaght (510) 879-6035. #CASISF #CASISF36Years

https://c212.net/c/img/favicon.png?sn=SF30447&sd=2020-09-22

View original content to download multimedia:http://www.prnewswire.com/news-releases/tim-east-shares-the-secrets-of-self-insurance-and-how-the-alternative-security-program-boosts-california-businesses-competitive-edge-301134364.html

SOURCE California Self-Insurers' Security Fund (CASISF)

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