All the headlines from our Funding Topic Page, ordered by recency.
Aug 14 2006 // Safeco announced it has executed a Rule 10b5-1 trading plan to purchase up to $250 million of its outstanding shares of common stock. A Rule 10b5-1 plan allows Safeco to repurchase its shares during periods when the...
Aug 11 2006 // Safeco announced that its board of directors has increased the company’s share repurchase authorization to 10 million shares, including shares that remain available for repurchase under previously approved programs....
Jul 19 2006 // Editor’s note: This story updates campaign figures for Louisiana insurance commissioner candidates which were posted July 18 on this Web site.The three candidates running for Louisiana’s Commissioner of...
Jul 18 2006 // The three candidates running for Louisiana’s Commissioner of Insurance collected more than $600,000 since the beginning of the year.Acting Insurance Commissioner Jim Donelon raised the most of the three, with...
Jun 22 2006 // California’s State Compensation Insurance Fund’s Santa Rosa District Office employees have raised nearly $50,000 during the past decade for various charities including $3,000 at the recent 25th annual...
Jun 19 2006 // Tom Van Berkel, president and CEO of The Main Street America Group, recently met Academy Award-nominated actor Bill Murray at the Murray Brothers Caddyshack Charity Golf Tournament at the World Golf Village, St. Augustine,...
May 11 2006 // Louisiana Workers’ Compensation Corporation (LWCC) reported that LWCC Chairman Aubrey Temple and president/CEO Kristin Wall presented a check in the amount of $27,000 to the Louisiana Bar Foundation to support its...
May 4 2006 // Seattle-based Safeco’s board of directors announced an increase to the company’s quarterly dividend. The board declared a regular quarterly dividend of $0.30 per share, payable on July 24, 2006, to shareholders...
Mar 7 2006 // Dublin-based Research and Markets announced the addition of Director and Officer Indemnification and Insurance for VC (Venture Capital) Backed Companies to their offering.“Winning legal Strategies: Director and...
Feb 15 2006 // The 12th Annual Shamrock Shootout Golf Invitational raised $50,000 for two charities, St. Vincent de Paul Thrift Store of Dallas and the Integrated Education Fund of Northern Ireland. Dallas-based Curley Insurance Group,...
Feb 14 2006 // California State Compensation Insurance Fund employees have raised more than $102,000 in donations for United Way in its annual Bay Area California State Employees Charitable Campaign Drive. Donations collected will help...
Feb 7 2006 // Seattle-based Safeco has executed a Rule 10b5-1 trading plan to purchase up to $250 million of its outstanding common stock. That will allow Safeco to repurchase its shares during periods when the company would normally...
Dec 20 2005 // The 2005 Insuring The Children Golf Tournament, which was held on Sept. 27, 2005 at California’s Santa Ana Country Club, has produced a net profit of $45,000, according to Edward F. Rochford of Chubb & Son and...
Dec 5 2005 // The Everest Re Group announced from Bermuda that it has agreed to sell approximately $280 million of its common shares to Wachovia Securities, which will subsequently offer the common shares to public investors pursuant to...
Dec 2 2005 // Safeco has announced that its board of directors has increased the company’s share repurchase authorization to 10 million shares, including shares that remain available for repurchase under previously approved...
Dec 2 2005 // Bermuda’s storm battered XL Capital Ltd. is taking a big step in its efforts to restore its somewhat diminished capitalization. According to A.M. Best, the insurer recorded $1.5 billion loss in the third quarter, and...
Nov 29 2005 // U.S. property/casualty insurers are expected to pay an estimated $6.1 billion to Florida policyholders for insured property losses from Hurricane Wilma, pushing year-to-date catastrophe losses to $50.3 billion, an all-time...
Nov 16 2005 // Bermuda’s AXIS Capital Holdings Limited announced that it has agreed to sell 6.8 million common shares in a block trade. It also intends to offer, subject to market conditions, a certain amount of preferred...
Nov 14 2005 // The U.K.’s Omega Underwriting Holdings PLC, a leading Lloyd’s insurer (Syndicate 958), has announced plans to raise £90 million ($157 million), both to increase syndicate capacity and to support the...
Oct 11 2005 // Bermuda-based Max Re Capital Ltd. became the latest reinsurer to go to the capital markets for more money in the wake of the losses from Katrina and Rita. The company announced that it plans, “subject to market and...