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"On behalf of the entire Board of Directors, our employees and our shareholders, I want to express our gratitude to Mr. Dickerson, who stepped into the role as Chairman at a critical time of need. We are now looking forward to working with Chris Williams to lead HCC into the future," HCC Chief Executive Officer Frank J. Bramanti said.
Mr. Williams, who is currently Chairman of Wattle Creek Winery, is a retired Willis Re veteran and was that company's National Director for Life, Accident & Health. He joined HCC's Board in 2007 and has been a member of its Nominating and Corporate Governance Committee. Mr. Williams has more than 30 years of experience in the insurance industry.
Headquartered in Houston, Texas, HCC Insurance Holdings, Inc. (HCC) is a leading international specialty insurance group with offices across the United States and in Belgium, Bermuda, Ireland, Spain and the United Kingdom. HCC has assets of $8.3 billion, shareholders' equity of $2.6 billion and is rated AA (Very Strong) by Standard & Poor's and AA (Very Strong) by Fitch Ratings. In addition, HCC's domestic property and casualty insurance companies are rated A+ (Superior) by A.M. Best Company.
For more information, visit our website at www.hcc.com.
Forward-looking statements contained in this press release are made under "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and involve a number of risks and uncertainties. The types of risks and uncertainties which may affect the Company are set forth in its periodic reports filed with the Securities and Exchange Commission.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: HCC Insurance Holdings, Inc.
HCC Insurance Holdings, Inc. Barney White, Vice President of Investor Relations (713) 744-3719
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