HCC Releases Expectations for 4Q Results

HCC Insurance Holdings, Inc. (NYSE: HCC), a specialty insurance holding company, has provided guidance on its anticipated operating earnings for the fourth quarter of 2001 and the full year 2002. The range for the fourth quarter 2001 is $0.37 to $0.39 per share and a range from $1.75 to $1.95 per share for the full year 2002. Mr. Way said, 'Our fourth quarter 2001 was affected by several, mostly non-recurring issues, including: the slow-down experienced in many of our lines of business during the time period immediately following the September 11 attacks; the impact of our withdrawal from th...