HCC ANNOUNCES RESIGNATION
OF DIRECTOR JAMES R. CRANE
HOUSTON (November
2, 2007) . . . HCC Insurance Holdings, Inc. (NYSE: HCC)
announced today that James R. Crane has resigned from the Company’s Board of
Directors to pursue other business interests.
Mr. Crane had served as an HCC Director since 1999 and was a member of the
Board’s Compensation Committee and its Nomination and Corporate Governance
Committee. Mr. Crane is the former Chairman and Chief Executive Officer of
EGL, Inc.
“We will certainly miss the considerable contribution that Jim has made to
HCC over the years and we wish him well in his new endeavors,” HCC Chief
Executive Officer Frank J. Bramanti said.
Headquartered in Houston, Texas, HCC Insurance Holdings, Inc. (HCC) is a
leading international specialty insurance group with offices across the
United States and in Bermuda, Spain, Ireland and the United Kingdom. HCC has
assets of more than $8.0 billion, shareholders’ equity in excess of $2.3
billion, and is rated AA (Very Strong) by Standard & Poor’s, AA (Very
Strong) by Fitch Ratings and A+ (Superior) by A.M. Best Company.
For more information, visit our website at
www.hcc.com.
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Contact:
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Barney White, HCC Vice President of
Investor Relations
Telephone: (713) 744-3719
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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. |
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