Latest Eastern Insurance Holdings (EIHI) Headlines
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Posted On: 03/12/2014 8:36:33 PM
Latest Eastern Insurance Holdings (EIHI) Headlines ProAssurance Closes EIHI Buyout - Analyst Blog Zacks Equity Research - Zacks Investment Research - Fri Jan 03, 12:40PM CST The much hyped acquisition of Eastern Insurance Holdings Inc. by leading specialty insurer ProAssurance Corporation has finally closed on Jan 1, 2014. ProAssurance closes on Eastern Insurance deal AP - Thu Jan 02, 8:51AM CST BIRMINGHAM, Ala. (AP) — Medical professional liability insurer ProAssurance has completed its $205 million acquisition of Eastern Insurance Holdings Inc. ProAssurance Completes Acquisition of Eastern Insurance Holdings, Inc. PR Newswire - Thu Jan 02, 8:00AM CST ProAssurance Corporation (NYSE: PRA) announced today that its acquisition of Eastern Insurance Holdings, Inc. (Eastern) was completed effective January 1, 2014. Eastern's shareholders overwhelmingly approved the transaction at a special meeting on December 27, 2013. Eastern Insurance Holdings, Inc. Announces Rescheduling of Special Shareholders' Meeting PR Newswire - Mon Dec 16, 3:00PM CST Eastern Insurance Holdings, Inc. ("EIHI" or "Eastern") today announced that the special meeting of its shareholders previously scheduled for December 4, 2013 will be held on December 27, 2013, at 10:00 A.M. Eastern Time at Eastern's offices at 25 Race Avenue, Lancaster, Pennsylvania. The meeting is being held for shareholders to vote on the acquisition of Eastern (NASDAQ: EIHI) by ProAssurance Corporation (NYSE: PRA), which was previously announced on September 24, 2013. Eastern Insurance Holdings, Inc. Announces Postponement of Special Shareholders' Meeting PR Newswire - Mon Dec 02, 3:00PM CST Eastern Insurance Holdings, Inc. ("EIHI" or "Eastern") today announced that it will postpone its special meeting of shareholders called in connection with the acquisition of Eastern (NASDAQ: EIHI) by ProAssurance Corporation (NYSE: PRA), as previously announced on September 24, 2013. Eastern has issued this announcement in response to three class action complaints to accommodate the scheduling of court proceedings, to complete the work of the Special Litigation Committee appointed by Eastern's board to evaluate the merits of the claims asserted, and to facilitate ongoing discussions with the plaintiffs to globally resolve the pending actions or secure their dismissal. Assurant Pinned at Neutral - Analyst Blog Zacks Equity Research - Zacks Investment Research - Fri Nov 22, 2:35PM CST We reiterate our Neutral recommendation on Assurant following third quarter earnings. Strong Q3 Earnings at Manulife Financial - Analyst Blog Zacks Equity Research - Zacks Investment Research - Fri Nov 08, 12:40PM CST Manulife's Q3 earnings grow year-over-year. Endurance Specialty: A Strong Buy - Analyst Blog Zacks Equity Research - Zacks Investment Research - Thu Nov 07, 3:35PM CST On Nov 6, Zacks Investment Research upgraded Endurance Specialty Holdings Ltd. (ENH) by a notch to a Zacks Rank #1 (Strong Buy). Sun Life Q3 Earnings Fall YoY - Analyst Blog Zacks Equity Research - Zacks Investment Research - Thu Nov 07, 1:10PM CST Sun Life Financial Inc. third-quarter 2013 net operating earnings decline 3.6% year over year. Prudential Beats Q3 Earnings Est - Analyst Blog Zacks Equity Research - Zacks Investment Research - Thu Nov 07, 12:28PM CST Prudential reports third quarter earnings ahead of estimates, also grows earnings year over year. ProAssurance Beats Earnings on Higher Top Line - Analyst Blog Zacks Equity Research - Zacks Investment Research - Thu Nov 07, 10:50AM CST ProAssurance's third-quarter operating earnings per share of 88 cents beat the Zacks Consensus Estimate of 82 cents by 7.3%. Earnings improved 2.3% year over year. SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by Board of Eastern Insurance Holdings, Inc. in Connection With Sale of Company to ProAssurance Corporation -- EIHI, PRA GlobeNewswire - Tue Nov 05, 10:35AM CST Levi & Korsinsky notifies investors of Eastern Insurance Holdings, Inc. ("Eastern Insurance" or the "Company") (Nasdaq:EIHI) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to ProAssurance Corporation (NYSE
RA). A complaint was filed in Pennsylvania federal court. Eastern Insurance Holdings, Inc. Announces Third Quarter 2013 Results PR Newswire - Thu Oct 31, 3:01PM CDT Eastern Insurance Holdings, Inc. ("EIHI" or the "Company") (NASDAQ: EIHI) today reported net income for the three months ended September 30, 2013 of $3.7 million, or $0.48 per diluted share, compared to net income of $2.8 million, or $0.36 per diluted share, for the same period in 2012. EIHI's net income for the three months ended September 30, 2013 includes net realized investment gains of $0.22 per diluted share compared to $0.08 per diluted share for the same period in 2012 and for the three months ended September 30, 2013 includes $879,000 or $0.12 per diluted share of after-tax transaction expenses related to its previously announced merger with ProAssurance Corporation. EIHI's diluted book value per share and tangible diluted book value per share were $17.66 and $16.19, respectively, as of September 30, 2013. Deans & Lyons Launches an Investigation on Eastern Insurance Holdings, Inc. Board Members on Behalf of Stockholders Seeking More Money and More Information PR Newswire - Fri Oct 18, 1:28PM CDT Securities lawyers at Deans & Lyons announced an investigation against the board of Eastern Insurance Holdings, Inc. (NASDAQ: EIHI) in connection with the proposed buyout by ProAssurance Corporation (NYSE: PRA) valued at $24.50 per share. Concerned EIHI investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their rights and remedies. Eastern Insurance Holdings, Inc. INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Sale of Eastern Insurance Holdings, Inc. to ProAssurance Corporation -- EIHI Business Wire - Mon Oct 14, 12:06PM CDT The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Eastern Insurance Holdings, Inc. (NasdaqGM: EIHI) ("Eastern Insurance") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ProAssurance Corporation (NYSE: PRA). SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Eastern Insurance Holdings, Inc. Buyout PR Newswire - Fri Oct 11, 4:02PM CDT Rigrodsky & Long, P.A.: SHAREHOLDER ALERT: Acquisition of Eastern Insurance Holdings, Inc. (EIHI) by ProAssurance Corporation (PRA) May Be Detrimental to the Interests of Eastern Insurance Holdings, Inc. Shareholders PR Newswire - Fri Oct 11, 3:00PM CDT Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Eastern Insurance Holdings, Inc. ("Eastern Insurance" or the "Company") (NasdaqGS: EIHI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to ProAssurance Corporation (NYSE: PRA) in a cash deal valued at approximately $205 million. Under the terms of the proposed transaction, Eastern Insurance's stockholders will receive $24.50 for each share of Eastern Insurance common stock they own. Prudential Upped to Outperform - Analyst Blog Zacks Equity Research - Zacks Investment Research - Fri Oct 11, 8:30AM CDT We upgrade our recommendation on Prudential Financial, reflecting our optimism about the company's growth prospects. Lifshitz Law Firm Announces Investigation of Eastern Insurance Holdings, Inc., Home Federal Bancorp, Inc., L&L Energy, Inc., and MTR Gaming Group Inc. PR Newswire - Wed Oct 09, 1:16PM CDT Eastern Insurance Holdings, Inc.
RA). A complaint was filed in Pennsylvania federal court. Eastern Insurance Holdings, Inc. Announces Third Quarter 2013 Results PR Newswire - Thu Oct 31, 3:01PM CDT Eastern Insurance Holdings, Inc. ("EIHI" or the "Company") (NASDAQ: EIHI) today reported net income for the three months ended September 30, 2013 of $3.7 million, or $0.48 per diluted share, compared to net income of $2.8 million, or $0.36 per diluted share, for the same period in 2012. EIHI's net income for the three months ended September 30, 2013 includes net realized investment gains of $0.22 per diluted share compared to $0.08 per diluted share for the same period in 2012 and for the three months ended September 30, 2013 includes $879,000 or $0.12 per diluted share of after-tax transaction expenses related to its previously announced merger with ProAssurance Corporation. EIHI's diluted book value per share and tangible diluted book value per share were $17.66 and $16.19, respectively, as of September 30, 2013. Deans & Lyons Launches an Investigation on Eastern Insurance Holdings, Inc. Board Members on Behalf of Stockholders Seeking More Money and More Information PR Newswire - Fri Oct 18, 1:28PM CDT Securities lawyers at Deans & Lyons announced an investigation against the board of Eastern Insurance Holdings, Inc. (NASDAQ: EIHI) in connection with the proposed buyout by ProAssurance Corporation (NYSE: PRA) valued at $24.50 per share. Concerned EIHI investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or hlindley@deanslyons.com about their rights and remedies. Eastern Insurance Holdings, Inc. INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Sale of Eastern Insurance Holdings, Inc. to ProAssurance Corporation -- EIHI Business Wire - Mon Oct 14, 12:06PM CDT The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Eastern Insurance Holdings, Inc. (NasdaqGM: EIHI) ("Eastern Insurance") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to ProAssurance Corporation (NYSE: PRA). SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Eastern Insurance Holdings, Inc. Buyout PR Newswire - Fri Oct 11, 4:02PM CDT Rigrodsky & Long, P.A.: SHAREHOLDER ALERT: Acquisition of Eastern Insurance Holdings, Inc. (EIHI) by ProAssurance Corporation (PRA) May Be Detrimental to the Interests of Eastern Insurance Holdings, Inc. Shareholders PR Newswire - Fri Oct 11, 3:00PM CDT Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Eastern Insurance Holdings, Inc. ("Eastern Insurance" or the "Company") (NasdaqGS: EIHI) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to ProAssurance Corporation (NYSE: PRA) in a cash deal valued at approximately $205 million. Under the terms of the proposed transaction, Eastern Insurance's stockholders will receive $24.50 for each share of Eastern Insurance common stock they own. Prudential Upped to Outperform - Analyst Blog Zacks Equity Research - Zacks Investment Research - Fri Oct 11, 8:30AM CDT We upgrade our recommendation on Prudential Financial, reflecting our optimism about the company's growth prospects. Lifshitz Law Firm Announces Investigation of Eastern Insurance Holdings, Inc., Home Federal Bancorp, Inc., L&L Energy, Inc., and MTR Gaming Group Inc. PR Newswire - Wed Oct 09, 1:16PM CDT Eastern Insurance Holdings, Inc.
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