HCC Notes Quarterly Dividend

Houston-based HCC Insurance Holdings Inc. reported its 38th consecutive quarterly cash dividend.

Stephen Way, chairman and chief executive officer, stated that the Board of Directors had declared a regular quarterly cash dividend of $0.0750 per share on the company’s shares of $1.00 par value common stock. This dividend is payable to shareholders of record on Jan. 3, 2006 and will be paid on or about Jan. 13, 2006.

Way stated that it is the company’s intention to continue to pay at least a $0.0750 per share dividend in each subsequent quarter.