All Releases
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Tower Group, Inc. Reports Fourth Quarter and Full Year 2009 Results
Mar 1, 2010
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NEW YORK, Mar 01, 2010 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) today reported net income of $30.7
million and diluted earnings per share of $0.72 for the fourth quarter
of 2009 and net income of $109.3 million and diluted earnings per share
of $2.76 for the full year of 2009.
Tower reported a 67% increase in ope...
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Tower Group, Inc. to Present at the Annual AIFA Conference
Feb 22, 2010
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NEW YORK, Feb 22, 2010 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) announced that it will participate at
the 35th Annual AIFA Conference in Naples, Florida on Monday,
March 1, 2010 at 1:45 p.m. Eastern Time. Representing Tower will be Bill
Hitselberger, Senior Vice President.
The presentation will be available via a...
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Tower Group, Inc. Announces Conference Call to Discuss Fourth Quarter and Year-End Financial Results
Feb 9, 2010
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NEW YORK, Feb 09, 2010 (BUSINESS WIRE) -- Tower Group, Inc. (Nasdaq: TWGP) announced today that it plans to
release its fourth quarter and year-end financial results on Monday,
March 1, 2010, prior to the market opening. Tower will also host a
conference call and webcast to discuss these results on Monday, March 1,
2...
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Tower Announces Acquisition of OneBeacon's Personal Lines Division
Feb 2, 2010
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NEW YORK, Feb 02, 2010 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) announced today that it has entered
into a definitive agreement to purchase the Personal Lines Division of
OneBeacon Insurance Group (NYSE:OB). The transaction involves the
acquisition of two insurance companies, two management companies,
cert...
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Tower Group, Inc. to Present at the NYSSA 14th Annual Insurance Conference
Jan 29, 2010
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NEW YORK, Jan 29, 2010 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) announced that it will participate in
the NYSSA 14th Annual Insurance Conference in New York City on Tuesday,
February 9, 2010 at 11:15 a.m. Eastern Time. Representing Tower will be
Michael H. Lee, President and Chief Executive Officer, and William E....
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Tower Announces Planned Retirement of Chief Financial Officer; Appoints New Senior Vice President and Chief Financial Officer
Nov 19, 2009
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NEW YORK, Nov 19, 2009 (BUSINESS WIRE) -- Tower Group, Inc. ("Tower"; NASDAQ: TWGP) announced today that William
E. Hitselberger will join Tower on December 8, 2009 as Senior Vice
President and will become Chief Financial Officer effective March 15,
2010. He will succeed Francis M. Colalucci, who will retire from his
...
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Tower Group, Inc. to Present at 2009 FBR Capital Markets Fall Investor Conference
Nov 17, 2009
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NEW YORK, Nov 17, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) announced that it will participate in
the 2009 FBR Capital Markets Fall Investor Conference in New York City
on Wednesday, December 2, 2009 at 1:35 p.m. Eastern Time. Representing
Tower will be Michael H. Lee, President and Chief Executive Officer, an...
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Tower Completes Acquisition of Specialty Underwriters' Alliance, Inc.
Nov 13, 2009
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NEW YORK, Nov 13, 2009 (BUSINESS WIRE) -- Tower Group, Inc. ("Tower"; NASDAQ: TWGP) announced today that it has
completed the acquisition of Specialty Underwriters' Alliance, Inc.
("SUA"; NASDAQ: SUAI). The transaction is valued at $107 million based
on Tower's closing price. Tower announced a definitive agreement to
...
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Tower Group, Inc. Reports Strong Third Quarter 2009 Operating Results
Nov 5, 2009
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NEW YORK, Nov 05, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) today reported net income of $30
million and diluted earnings per share of $0.74 for the third quarter
2009. Operating income(1) and operating earnings per share(1)
were $30.2 million and $0.74, respectively, for the third quarter of
2009.
Ke...
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Tower Group, Inc. Announces Conference Call to Discuss Third Quarter 2009 Financial Results
Oct 15, 2009
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NEW YORK, Oct 15, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (Nasdaq: TWGP) announced today that it plans to
release its third quarter 2009 financial results on Thursday, November
5, 2009, prior to the market opening. Tower will also host a conference
call and webcast to discuss these results on Thursday, November 5, 2009
...
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Tower Group, Inc. Acquires Workers Compensation Renewal Rights from AequiCap Program Administrators
Oct 15, 2009
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NEW YORK, Oct 15, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) announced today that it has acquired
the renewal rights to the workers compensation business of AequiCap
Program Administrators, an underwriting agency based in Fort Lauderdale,
Florida. The business subject to the agreement primarily consists of
...
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Tower Group, Inc. to Present at Keefe, Bruyette & Woods 2009 Insurance Conference
Aug 24, 2009
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6.3 KB |
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NEW YORK, Aug 24, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ:TWGP) announced that it will participate in
the Keefe, Bruyette & Woods 2009 Insurance Conference in New York City
on Wednesday, September 9, 2009 at 1:20 p.m. Eastern Time. Representing
Tower will be Michael H. Lee, President and Chief Executive Officer, an...
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Tower Group, Inc. Reports Strong Second Quarter 2009 Operating Results
Aug 5, 2009
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40.8 KB |
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NEW YORK, Aug 05, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) today reported net income of $30.6
million and diluted earnings per share of $0.75 for the second quarter
2009. Operating income(1) and operating earnings per share(1)
were $29.5 million and $0.73 for the second quarter of 2009,
respectively.
...
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Tower Group, Inc. Announces Conference Call to Discuss Second Quarter 2009 Financial Results
Jul 22, 2009
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NEW YORK, Jul 22, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (Nasdaq: TWGP) announced today that it plans to
release its second quarter 2009 financial results on Wednesday, August
5, 2009, prior to the market opening. Tower will also host a conference
call and webcast to discuss these results on Wednesday, August 5, 2009
...
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Tower Group, Inc. to Acquire Specialty Underwriters' Alliance, Inc.
Jun 22, 2009
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NEW YORK & CHICAGO, Jun 22, 2009 (BUSINESS WIRE) -- Tower Group, Inc. ("Tower"; NASDAQ: TWGP) and Specialty Underwriters'
Alliance, Inc. ("SUA"; NASDAQ: SUAI) have announced today that they have
entered into a definitive agreement for the acquisition of SUA by Tower
in a transaction valued at approximately $107 million. Unde...
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Tower Group, Inc. to Present at Fox-Pitt Kelton Cochran Caronia Waller Small & Mid-Cap Bank and Insurance Conference
Jun 11, 2009
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NEW YORK, Jun 11, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) today announced that it will
participate in the Fox-Pitt Kelton Cochran Caronia Waller Small &
Mid-Cap Bank and Insurance Conference in New York City on Wednesday,
June 17, 2009 at 4:10 p.m. Eastern Time. Representing Tower Group will
be Micha...
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A.M. Best Upgrades Ratings of Hermitage Insurance Company
May 27, 2009
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OLDWICK, N.J., May 27, 2009 (BUSINESS WIRE) -- A.M. Best Co. has upgraded the financial strength rating (FSR) to
A- (Excellent) from B++ (Good) and issuer credit rating (ICR) to "a-"
from "bbb+" of Hermitage Insurance Company (Hermitage) (White
Plains, NY). The outlook for these ratings has been revised to stable
fro...
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Tower Group, Inc. Reports on Annual Meeting of Stockholders
May 15, 2009
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NEW YORK, May 15, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) today reported the results of its
Annual Meeting of Stockholders held on May 14, 2009 in New York City.
Stockholders of Tower re-elected two directors and ratified the
appointment of Johnson Lambert & Co. LLP as Tower's independent
registered ...
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Tower Group, Inc. Reports First Quarter 2009 Operating Results; Increases Quarterly Dividend by 40% to $0.07 per share
May 7, 2009
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NEW YORK, May 07, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (NASDAQ: TWGP) today reported net income of $18.0
million and diluted earnings per share of $0.53 for the first quarter
2009. Operating income(1) and operating earnings per share(1)
were $28.3 million and $0.84 for the first quarter of 2009, respectively.
Key Opera...
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Tower Group, Inc. Announces Conference Call to Discuss First Quarter 2009 Financial Results
Apr 23, 2009
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7.4 KB |
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NEW YORK, Apr 23, 2009 (BUSINESS WIRE) -- Tower Group, Inc. (Nasdaq: TWGP) announced today that it plans to
release its first quarter 2009 financial results on Thursday, May 7,
2009, prior to the market opening. Tower will also host a conference
call and webcast to discuss these results on Thursday, May 7, 2009 at
2:...
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