Houston-based HCC Insurance Holdings Inc. announced that earnings increased for the first quarter of 2001 over the same period last year. The company said net earnings increased by 27 percent to $15.2 million or $0.28 per share, up from $11.4 million or $0.22 per share for first quarter 2000. Despite an increase in earnings, the company reported a decrease in total revenue during the first quarter 2001, to $115.1 million, compared with $121.9 million for the first quarter last year.
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
One of Highest Property Claims Severity Recorded in Q3 on Low Volume, Says Verisk 
WTW to Acquire Newfront in Deal Worth Up to $1.3B 
In Alabama, Shot Employee Gets No Workers’ Comp and No Employer’s Liability 
Florida Jury Returns $779M Verdict for Family of Security Guard Killed at Gambling Cafe From This Issue
