When John Fogerty musically asked "Who'll Stop the Rain?" 40 years ago, he was pondering the world's disquiet. But given the economic and insured damage from natural catastrophes that deluged the U.S. and...
* Net income of $81.7 million for 2011, compared to $62.9 million for 2010. This represents an increase of $18.8 million, or 29.87%. Diluted earnings per common share were $0.77. * 4(th) Quarter...
PEMBROKE, Bermuda -- Validus Holdings, Ltd. (NYSE: VR) ("Validus" or the "Company") today provided an initial estimate of losses from the severe flooding that took place in Thailand during the fourth quarter of...
HAMILTON, Bermuda -- Arch Capital Group Ltd. (NASDAQ: ACGL) today announced that the Company's 2011 fourth quarter results will be negatively impacted by the severe flooding in Thailand in the range of $35...
HAMILTON, Bermuda -- Arch Capital Group Ltd. (NASDAQ: ACGL) announced that it expects to release its 2011 fourth quarter results after the close of regular stock market hours on Tuesday, February 14, 2012....
Dr. Jeremy Levin, A Former Senior Executive at Bristol-Myers Squibb, To Succeed Shlomo Yanai as President and CEO JERUSALEM -- Phillip Frost, MD, Chairman of the Board of Directors of Teva Pharmaceutical Industries...
NEW YORK -- The ACE Group today announced that it has acquired Rio Guayas Compania de Seguros y Reaseguros, a general insurance company in Ecuador that is owned by Banco de Guayaquil, for...
Program to Extend Through 2012 LOUISVILLE, Ky. -- Sypris Solutions, Inc. (Nasdaq/NM: SYPR) announced today that its Board of Directors approved a new program authorizing the Company to repurchase up to $5 million...
WILKES-BARRE, Pa. -- Penn Millers Holding Corporation (NASDAQ: PMIC) announced today the completion of its previously announced merger with a subsidiary of ACE Limited (NYSE: ACE), a Zurich-based insurance and reinsurance organization with...
ZURICH -- ACE Limited (NYSE:ACE) announced today that it has completed its acquisition of Penn Millers Holding Corporation (PMHC) (NASDAQ: PMIC) for approximately $107 million in cash. PMHC's primary insurance subsidiary, Penn Millers...
JACKSON, Miss. & PANAMA CITY, Fla. -- Trustmark Corporation (NASDAQ: TRMK) ("Trustmark") and Bay Bank & Trust Co. ("Bay Bank") today announced the signing of a definitive agreement in which Bay Bank will...
WILKES-BARRE, Pa. -- Penn Millers Holding Corporation (NASDAQ: PMIC) ("Penn Millers" or "the Company") today announced that, at the Company's Special Meeting of Shareholders, the shareholders of the Company voted to adopt the...
Q3 2011 Revenues Grow 6.3%, GAAP Diluted EPS Increases 21% to $0.41 Non-GAAP Diluted EPS Increases 17% to $0.41 versus $0.35 in Q3 2010 SAN FRANCISCO -- Williams-Sonoma, Inc. (NYSE:WSM) today announced operating...
* Consent Solicitation record date set for November 22, 2011 * Validus' offer provides compelling, and full and fair value to Transatlantic stockholders * Transatlantic stockholders will decide the outcome, not the Transatlantic...
PEMBROKE, Bermuda -- Validus Holdings, Ltd. (NYSE: VR) ("Validus") today mailed a letter to stockholders of Transatlantic Holdings, Inc. (NYSE: TRH) ("Transatlantic") urging them to preserve their right to obtain greater value for...
Revenue and Earnings Post Solid Growth LOUISVILLE, Ky. -- Sypris Solutions, Inc. (Nasdaq/NM: SYPR) today reported financial results for its third quarter ended October 2, 2011. HIGHLIGHTS |=|=|=|=|=|=|=|=|=|=|=|=|=|=|=|=|=|=|=|= * Revenue increased 24% from...
* Validus files investor presentation to set the record straight, once again * Validus' increased offer had a total value of $57.34 on November 4th PEMBROKE, BERMUDA -- Validus Holdings, Ltd. (NYSE: VR)...
Transatlantic stockholders will decide the outcome, not the Transatlantic board PEMBROKE, Bermuda -- Validus Holdings, Ltd. (NYSE: VR) ("Validus") today noted the formal rejection of its increased offer for Transatlantic Holdings, Inc. (NYSE:...
GLENDALE, Calif. -- Public Storage (NYSE:PSA) announced today operating results for the third quarter ended September 30, 2011. Operating Results for the Three Months Ended September 30, 2011 For the three months ended...
Insurance Rates Remain Flat with Modest Decreases or Increases Across Most Lines Except Catastrophe Exposed Property and Employee Benefits Publishes 2012 Marketplace Forecast for North American Insurance Buyers NEW YORK -- Willis Group...