Just over a month after the Nevada Supreme Court allowed 700 homeowners to join a lawsuit against developers for allegedly defective exterior stucco — attorneys, insurers, risk managers, construction experts and judges from around the country will gather here for a three-day conference on construction defect claims and insurance coverage.
“The Comprehensive Construction Defect Claims & [...]
At its regularly scheduled meeting held on October 28, 2008, the Board of Directors of First Merchants Corporation declared a quarterly cash dividend of $0.23 per share on its common stock.
The cash dividend is payable December 19, 2008, to stockholders of record December 5, 2008. For purposes of broker trading, the ex-date of the [...]
Hill International the global leader in managing construction risk, announced today preliminary financial results for the quarter ended September 30, 2008. A summary of Hill’s estimated financial performance for the third quarter of 2008 is as follows:
* Total revenue is expected to be in the range of $97.0 to $99.0 [...]
In the table titled “HANMI FINANCIAL CORPORATION AND SUBSIDIARIES SELECTED FINANCIAL DATA (UNAUDITED)(Continued) (Dollars in Thousands)” in release dated October 23, 2008, under subhead “DEPOSIT PORTFOLIO,” at September 30, 2008, “Time Deposits of $100,000 or More” should read: $863,034 (sted: $655,659) and “Other Time Deposits” should read: $618,528 (sted: $825,903). “Total Deposits” was unchanged at [...]
Markel Corporation announced today it will hold a conference call on Wednesday, November 5, 2008 beginning at 10:30 am (Eastern Standard Time) to discuss quarterly results and business developments.
Any person interested in listening to the call or a replay of the call, which will be available from approximately two hours after the conclusion of the [...]
The Blue Cross and Blue Shield of Minnesota Foundation welcomes Pat Geraghty, Deborah Meehan and Shawn Patterson to its 13-member board of directors. Geraghty recently joined Blue Cross and Blue Shield of Minnesota as president and CEO. He is also chair of the foundation’s board. Meehan is the founder and executive director of the Leadership [...]
FPIC Insurance Group, reported for the third quarter of 2008:
* operating earnings of $10.2 million, or $1.20 per diluted common share, as compared to $8.3 million, or $0.86 per diluted common share, for third quarter 2007;
* income from continuing operations of $6.5 million, or $0.76 per [...]
Centene Corporation announced an educational campaign aimed at preventing the influenza virus and discouraging inappropriate antibiotic use. The Company kicked off the campaign in early October during the “Get Smart about Antibiotics Week” sponsored by the Centers for Disease Control and Prevention (CDC).
All of Centene’s eight health plans will partner with physicians and pharmacies [...]
MetLife reported third quarter 2008 income from continuing operations1 of $1,031 million, or $1.42 per diluted common share, compared with $909 million, or $1.19 per diluted common share, for the third quarter of 2007.
1 All references in this press release (other than in any of the tables and in the Non-GAAP and Other Financial Disclosures [...]
The Hartford Financial Services Group, reported a third quarter 2008 net loss of $2.6 billion, or $8.74 per diluted share. The Hartford’s net income in the third quarter of 2007 was $851 million, or $2.68 per diluted share. A summary of consolidated financial performance is provided in the table below.
“This was an extremely difficult [...]
