As a result of the development of a new long-range plan for 15-year-old Intercare Holdings Insurance Services, the firm’s senior management team has announced a series of strategic moves that have focused the Roseville-based company on its core competencies.
CEO George “Mac” McCleary detailed the plan, highlighting the divesture of an insurance brokerage operation and other [...]

Universal Insurance Holdings, Inc, a vertically integrated insurance holding company, announced that it has been named to the Fortune Small Business magazine 2009 ‘FSB 100′ list of ‘America’s fastest-growing small public companies.’ Universal Insurance Holdings ranked #2 on the list, which can be found at the following Web address: http://money.cnn.com/magazines/fsb/fsb100/2009/full_list
According to Fortune Small Business, the [...]

As previously announced by Assured Guaranty Ltd. (“Assured”) Sean W. McCarthy has agreed to assume the position of President and Chief Operating Officer of Assured Guaranty US Holdings Inc. Assured has exchanged Mr. McCarthy’s deemed investment in 22,306 share units of Financial Security Assurance Holdings Ltd. (“FSA Holdings”) under a FSA Holdings nonqualified deferred compensation [...]

HMS Holdings Corp. announced that it will present at Jefferies 3rd Annual Healthcare Conference, which will be held June 17-18, 2009 in New York City.
Bill Lucia, President and Chief Executive Officer and Walter Hosp, SVP and Chief Financial Officer of HMS Holdings Corp., will present on Thursday, June 18th at 9:30 am Eastern Time.
HMS Holdings [...]

Maiden Holdings, Ltd. that the Company will be participating in the 2009 Fox-Pitt Kelton Cochran Caronia Waller (FPK) Small & Mid-Cap Bank and Insurance Conference being held on June 18, 2009. The Conference will be held at the Roosevelt Hotel New York, located in mid-town Manhattan.
Maiden President and CEO Art Raschbaum is scheduled to present [...]

Max Capital Group Ltd.commented on the second amended offer by Validus Holdings, Ltd. in Validus’s hostile takeover bid for IPC Holdings, Ltd. The latest by Validus fails once again to provide IPC shareholders with a financially attractive outcome. In addition, it offers no realistic path to complete a transaction. This change by Validus today of [...]

Eastern Insurance Holdings, Inc the “Company”) announced that its board of directors has authorized a $0.07 per share quarterly cash dividend on its issued and outstanding shares of common stock, payable June 26, 2009 to shareholders of record at the close of business on June 12, 2009.
EIHI is the parent company of Eastern Life and [...]

American International Group, Inc. (AIG) announced that Transatlantic Holdings, Inc. has filed a preliminary prospectus supplement with the U.S. Securities and Exchange Commission with respect to the proposed public offering of 26 million shares of TRH common stock owned by AIG and its subsidiaries in an underwritten offering. The underwriters will have a 30-day [...]

Transatlantic Holdings, Inc. that American International Group, Inc. (“AIG”) and American Home Assurance Company, a wholly owned subsidiary of AIG, (“AHAC” and together with AIG, the “Selling Stockholder”) have commenced a secondary public offering of 26 million shares of the Company’s common stock owned by the Selling Stockholder and that the Selling Stockholder is expected [...]

RenaissanceRe Holdings Ltd. announced that it has extended its employment agreement with President, Chief Executive Officer and Director Neill A. Currie until February 22, 2014. Mr. Currie’s prior employment agreement was scheduled to expire on February 22, 2010, subject to automatic renewals for one-year terms. Mr. Currie, a co-founder of RenaissanceRe, has served as Chief [...]