Darren Craine - Manager Special Investigations - Eastern Insurance ADDITIONAL INFORMATION AND WHERE TO FIND ITThis communication is not a solicitation of a proxy from any shareholder of Eastern. Eastern Insurance Holdings, Inc. Sample Contracts | Law Insider About Us | Truist Insurance Holdings Unlock interactive competitor comparison tools that show you how Eastern Insurance Holdings, Inc. stacks up to the competition and put relevant competitor and industry information at your fingertips. (717) 396-7095 Eastern Insurance Holdings Profile and History Eastern Insurance Holdings, Inc., through its subsidiaries, provides workers compensation insurance and reinsurance products in the United States. Coverage is available for the team or individual players. Previous Section KBW Insurance Conference September 4, 2007 NASDAQ: EIHI Exhibit 99.1 Eastern Insurance Holdings, Inc. September 4, 2007 1 Introductions Bruce Eckert, Chief Executive Officer - . We look forward to continuing to execute our strategic plan under the Eastern brand with the support, expertise and financial strength of our new partners at ProAssurance. Company Details Registered Name: Eastern Insurance Holdings, Inc. Markets Today has everything you need to know as markets open across Europe. USSIC Aviation is the largest insurer of war-birds (that is, propeller and jet driven military surplus aircraft owned individually or held by aircraft museums). Eastern Insurance Holdings, Inc. operates as a subsidiary of ProAssurance Corporation. Our highly personalized client service is fueled by efficient distribution, local relationships, and data-driven insights across the risk spectrum. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. Eastern Insurance Holdings is a private company headquartered in Pennsylvania with an estimated 178 employees. Eastern Insurance Holdings, Inc. operates as a subsidiary of ProAssurance Corporation. Eastern Insurance Holdings, Inc. is in the industry of. About ECHN On October 1, 2016 California-based Prospect Medical Holdings, Inc. completed its acquisition of Eastern Connecticut Health Network, helping ensure the longstanding community healthcare system's future. %USER_NAME% was successfully added to your Block List. In 2020, the company's website stated that it has over S$90 . Eastern Insurance Holdings salary trends based on salaries posted anonymously by Eastern Insurance Holdings employees. In 2002, the company acquired Dickson Manchester Ltd. and MAG Global Financial Products. We expressly claim the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, for any forward-looking statements in this news release. Sign up to create alerts for Instruments, Company employees represent more than 20 nationalities bringing multilingual skills and experience. Box . The Company, through its subsidiaries, offers group life and health insurances services to employees, agents, and clients. All Rights Reserved. [16]. Edit Lists Featuring This Company Section, Finance Acquired Companies With Fewer Than 1000 Employees, United States Insurance Companies (Top 10K). However, in order to maintain the high level of discourse weve all come to value and expect, please keep the following criteria in mind: Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.coms discretion. Please note that all comments are pending until approved by our moderators. All rights reserved. Kenrick & Associates, and the Health Products Division of Allianz Life Insurance. Other information regarding the participants and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement that Eastern will file with the SEC, when it becomes available. We do not allow any sharing of private or personal contact or other information about any individual or organization. About ProAssuranceProAssurance (www.ProAssurance.com) is an industry-leading specialty insurance company with extensive expertise in medical professional liability, products liability for medical technology and life sciences and legal professional liability. [15], On 7 May 2018, S&P Global Ratings assigned its AA- (Very Strong) financial strength rating to Tokio Marine Europe S.A. with a positive outlook. Opens Gulf South Regional Office. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. The company also divested business positions to retain its strong focus on underwriting of specialty insurance products. Eastern Insurance Holdings, Inc. is a multiline company. [3] It's the headbutt no football fan will ever forget. Please wait a minute before you try to comment again. In connection with the Agreement and Plan of Merger among ProAssurance, Eastern and a newly formed subsidiary of ProAssurance, (the "Merger Agreement"), Eastern intends to file a proxy statement with the United States Securities and Exchange Commission (the "SEC"). As a result of the merger, Eastern will become a wholly-owned subsidiary of ProAssurance. Toggle between company profiles and industry reports for a 360 degree view of a company's position. Eastern Insurance Holdings is a private company headquartered in Pennsylvania with an estimated 178 employees. Avoid profanity, slander or personal attacks. Eastern Insurance Holdings, Inc.'s revenue is, "Unlimited potential, massive database, Chrome Tool", I like the chrome extension. Assets exceed $9.1 billion. The Eastern Insurance Holdings,, Inc. An internet replay will also be available at ProAssurance.com and StreetEvents.com. An integral part of the aircraft community, Avemco invests considerable resources in loss prevention efforts and insurance education through air shows, Federal Aviation Administration and industry initiatives, articles in aviation trade journals, and other forums. As of January 1, 2019, AIG companies employed 49,600 people. Eastern will pay its previously announced September quarterly dividend of $0.11 per share and will be permitted to pay an additional $0.11 per share dividend if ProAssurance has not received regulatory approval for the transaction by December 31, 2013. Manager Special Investigations at Eastern Insurance Holdings, Inc. Lancaster, Pennsylvania, United States. We believe Eastern will bring us a high quality insurance organization that understands and operates profitably in this market, has successfully executed an expansion strategy and shares a commitment to excellent customer service. SOURCE ProAssurance Corporation; Eastern Insurance Holdings, Inc. Eastern Insurance Holdings, Inc. to be Acquired by ProAssurance Corporation, the business of Eastern and ProAssurance may not be combined successfully, or such. Marco Materazzi uttered something to Zinedine Zidane and the Frenchman snapped, violently planting his head into the Italian's chest. BIRMINGHAM, Ala. and LANCASTER, Pa., Sept. 24, 2013 /PRNewswire/ --ProAssurance Corporation (NYSE: PRA) and Eastern Insurance Holdings, Inc. (NASDAQ: EIHI) announced today that Eastern Insurance Holdings (Eastern) will merge with a newly formed subsidiary of ProAssurance Corporation (ProAssurance) in an all-cash transaction that values Eastern at $24.50 per share. This ensures that Tokio Marine Group is able to continue servicing its clients in the European Economic Area (EEA) and to offer them stability through a seamless transition. Please note that all comments are pending until approved by our moderators. In 1998, the company acquired Guarantee Insurance Resources. Our clients rely on our information and data to stay up-to-date on business and industry trends across all sectors of the economy. Analyze quarterly positions in Eastern Insurance Holdings with up to 7 years of data, all consolidated into one spreadsheet . Please use Search to find the security you were looking for. The transaction is subject to customary conditions, including regulatory and Eastern shareholder approval. Free to get started, easy to add your whole sales team, commit to monthly or annual plans. Since youve just unblocked this person, you must wait 48 hours before renewing the block. ), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. Forward-looking statements represent our outlook only as of the date of this news release. any of each other's Investing.com's posts. [11], The company underwrites Directors and officers liability insurance through its HCC Global subsidiary. As of August 2016, the company was owned by Barry Karfunkel and his family. Even negative opinions can be framed positively and diplomatically. : Spam and/or promotional messages and comments containing links will be removed. Except as required by law or regulation, we do not undertake and specifically decline any obligation to publicly release the result of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. Only post material thats relevant to the topic being discussed. This company profile, along with the corresponding competitor and industry data provided, includes thoroughly researched, reliable and current information that will help you to make faster, better business decisions. Get 50% Off InvestingPro Now , Write your thoughts about Eastern Insurance Holdings Inc. Are you sure you want to delete this chart? EIHI. There is no financing condition to consummate the transaction. This page offers an in-depth profile of Eastern Insurance Holdings Inc, including a general overview of the company's business and key management. The Board of Directors of Eastern has unanimously approved the merger and resolved to recommend that Eastern's shareholders vote in favor of the transaction; shareholder approval is not required for ProAssurance. Get an in-depth profile of Eastern Insurance Holdings Inc, including a general overview of the company's business and key management, as well as employee data and location and contact information. Your status will be reviewed by our moderators. The company is based in Houston, Texas, U.S.A. but has major offices in Atlanta, Barcelona, Boston, Chicago, Dallas, Detroit, Farmington (CT), Frederick (MD), Ireland, Leicester (UK), London, Los Angeles, Madrid, Mount Kisco (NY), and New York City. Altogether, HCC Aviation insures approximately 45,000 aircraft in the United States and more than 60 countries worldwide. Eastern Insurance Holdings, Inc. operates as a holding company. [13], Houston Casualty Company was authorized by Her Majesty's Treasury in 1998 to operate a full branch office in the United Kingdom, and the company opened its London branch to more closely align its underwriting operations with the London Market. The Eastern Insurance Holdings, Inc. 2005 Stock Incentive Plan is intended to provide selected employees and non-employee directors of Eastern Insurance Holdings and its Subsidiaries with an opportunity to acquire Common Stock of the Corporation. In 1999, the company acquired Centris Group Inc. (insurance company). Be respectful. Interested investors may dial (888) 587-0615 (toll free) or (719) 457-1035 to participate. Exhibit 10.2 - SEC.gov Announces Affirmation of A (Excellent) A.M. Best Financial Strength Rating for Eastern Alliance Insurance Group, Eastern Insurance Holdings Inc : A.M. Best Affirms Ratings of Eastern Re Ltd. SPC, Eastern Insurance Holdings Inc : A.M. Best Affirms Ratings of Eastern Insurance Holdings, Inc. and Its Subsidiaries, Eastern Insurance Holdings Inc : Eastern Insurance Holdings, Inc. This Amended and Restated Agreement is made as of the 21st day of December, 2011, by and between EASTERN INSURANCE HOLDINGS, INC. ("Holdings"), a Pennsylvania corporation with its principal place of business at 25 Race Avenue, Lancaster, Pennsylvania 17603 and EASTERN RE LTD., S.P.C. Tokio Marine HCC is an international specialty insurance group with offices across the United States, the United Kingdom, Spain, and Ireland.The company is based in Houston, Texas, U.S.A. but has major offices in Atlanta, Barcelona, Boston, Chicago, Dallas, Detroit, Farmington (CT), Frederick (MD), Ireland, Leicester (UK), London, Los Angeles, Madrid, Mount Kisco (NY), and New York City.