Harleysville Group Inc. (Nasdaq: HGIC), a holding company that includes nine regional property and casualty insurance companies operating in 32 Eastern and Midwestern states and that write workers...Read More
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 sh...Read More
Trading of common stock of
Highlands Insurance Group, Inc. (formerly NYSE: HIC), a property and casualty
insurer, was suspended yesterday by the New York Stock Exchange pending an
application to the Securities and Exchange Commission to delist the common
stock. The share price of the Company's ...Read More
The New York Stock Exchange announced that it is moving to delist shares of Highlands Insurance Group Inc.
Highlands, which announced this week that it will halt new and renewal underwriting, has seen its share price fall to less than 20 cents from $9.50 in January. The company no longer meets...Read More
Highlands Insurance Group,
Inc. (NYSE: HIC), a property and casualty insurer, announced that the Board
approved a plan pursuant to which the Company will cease, as soon as practical
and as permitted by applicable insurance law, issuing any new or renewal
insurance policies. Pursuant to the plan...Read More
A.M. Best Co. has downgraded the financial strength rating of Highlands Insurance Group Inc., Lawrenceville, N.J., to C- (Weak) from B (Fair). The downgrade reflects the group's weak capitalization, poor operating performance, regulatory constraints and significant near-term debt-servicing requireme...Read More
HCC Insurance Holdings Inc. (NYSE:HCC) posted a third-quarter net loss blaming claims from Sept. 11 and reserve charges for discontinued businesses.
The company also said it would exit the workers' compensation insurance business written through its subsidiary, U.S. Specialty Insurance Co., w...Read More
According to the Alliance of American Insurers, Hawaii has taken the final step in repealing
a privacy law that it says was poorly worded and caused mass confusion in
the state's workers' compensation market.
Hawaii Gov. Benjamin Cayetano has signed a bill, HB 201, that repeals Act 87,