Property & Casualty Insurance

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Chubb Corp lowers FY 2014 EPS guidance

4:06pm EDT

Chubb Corp:Says revision of FY 2014 operating income per share guidance to a range of $6.75 to $6.95 from the $7.10 to $7.40 range provided in Jan. 2014 guidance.FY 2014 EPS of $7.34 - Thomson Reuters I/B/E/S.

MGIC Investment announces management change

8:00am EDT

MGIC Investment Corp:Says effective March 1, 2015, Curt S. Culver will retire as Chief Executive Officer (CEO) and become Non-Executive Chairman.Says Patrick Sinks will become CEO.

Beazley Plc declares first interim dividend

Tuesday, 22 Jul 2014 02:00am EDT

Beazley Plc:Declared first interim dividend of 3.1 pence (2013: 2.9 pence).This will be paid on Aug. 29 to shareholders on register on Aug. 1.

EMC Insurance Group lowers FY 2014 EPS guidance

Monday, 21 Jul 2014 04:54pm EDT

EMC Insurance Group Inc:Revises FY 2014 operating income guidance from the previous range of $2.65 to $2.90 per share to a revised range of $2.00 to $2.25 per share.Revised guidance is based on a projected GAAP combined ratio of 101.0 percent, and a mid-single digit increase in investment income.FY 2014 EPS of $2.70 - Thomson Reuters I/B/E/S.

State Auto Financial gives Q2 2014 EPS guidance

Monday, 21 Jul 2014 04:01pm EDT

State Auto Financial Corp:Estimates Q2 2014 net income will be in the range of $0.04 to $0.07 per diluted share.

Kingsway announces completion of $40 million initial public offering of subsidiary 1347 Capital Corp

Monday, 21 Jul 2014 04:01pm EDT

Kingsway Financial Services Inc:Announces the completion of the previously announced initial public offering by its subsidiary 1347 Capital Corp. (1347 Capital) of four million units at a price of $10.00 per unit for total gross proceeds of $40 million.Each unit issued in the initial public offering consists of one share of common stock.Granted the representative of the underwriters a 45-day option to purchase up to 600,000 additional units to cover over-allotments, if any.EarlyBirdCapital, Inc. acted as sole book-running manager for the offering.Aegis Capital Corp. acted as co-manager for the offering.

Federated National Holding Company and C.A. Bancorp Inc. announce joint venture

Monday, 21 Jul 2014 09:00am EDT

Federated National Holding Co and C.A. Bancorp Inc:To form a new Florida-based property and casualty insurance carrier to be named Monarch National Insurance Company.Transatlantic Reinsurance Company (TransRe) is taking a minority position in the new venture.Headwaters MB is acting as exclusive financial advisor to C.A. Bancorp in the transaction.Dechert LLP and AUM Law are, respectively, serving as U.S. and Canadian legal counsel to C.A. Bancorp, Broad and Cassel is serving as legal counsel to FNHC, and Sidley Austin LLP is serving as legal counsel to TransRe.

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Analyst Research

Report Title Price
Provider: Renaissance Capital
$92.00
Provider: Edison Investment Research
$10.00
Provider: Edison Investment Research
$10.00
Provider: GlobalData
$125.00
Provider: Wright Reports
$75.00

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