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Stock Market & Financial Investment News

News Breaks
March 21, 2013
07:30 EDTLNC, CNO, SFG, FNF, CNA, AFSI, SYA, ENH, AFL, UNMJPMorgan to host a conference
Insurance Conference is being held in New York on March 21.
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June 30, 2015
08:05 EDTAFSIAmTrust management to meet with JMP Securities
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June 26, 2015
15:09 EDTENHMontpelier Re to host special shareholder meeting
Special Shareholder Meeting to vote upon a proposal to approve the previously announced merger with Endurance Specialty Holdings (ENH) will be held in Pembroke, Bermuda on June 30 at 9:30 am.
15:07 EDTENHEndurance Specialty to host special shareholder meeting
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June 24, 2015
16:28 EDTAFLAflac names Frederick Crawford as CFO, effective June 30
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16:28 EDTCNOCNO Financial CFO leaves company
CNO Financial CFO Frederick Crawford has resigned, effective immediately, to accept another employment opportunity. Chief Accounting Officer John Kline and Erik Helding, Senior VP, Treasury and Investor Relations, have been appointed to oversee the financial operations of the company on an interim basis until a successor to Crawford is found. Kline and Helding will continue to perform their current duties during the interim period. The company is launching a search of both internal and external candidates to identify a new CFO.
June 19, 2015
09:26 EDTENHMontpelier Re declares specal dividend in connection with proposed acquisition
Montpelier Re Holdings Ltd. (MRH) announced that its Board of Directors has declared, subject to certain conditions, the previously announced special dividend of $9.89 per common share in connection with its pending acquisition by Endurance Specialty Holdings Ltd. (ENH) The special dividend would be payable prior to the effective time of the Merger on the closing date of the Merger to Montpelier shareholders of record at the close of business on the last business day prior to the Closing Date. The special dividend is contingent upon the satisfaction of various Merger closing conditions, including the approval of the Merger by the requisite vote of Montpelier common shareholders and the approval of the Endurance share issuance associated with the Merger by the requisite vote of Endurance ordinary shareholders. Montpelier and Endurance have each scheduled special general meetings of their respective shareholders for June 30 to consider and vote upon matters related to the Merger. There can be no assurance that the Closing Date will occur or that the special dividend will be paid.

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