Latest Funding Headlines
All the headlines from our Funding Topic Page, ordered by recency.
More than $564,000 Raised for Bridge Disaster Fund
Sep 11 2007 // The fund set up to help victims of the Interstate 35W bridge collapse has grown to more than $564,000, organizers said. Much of the money was to start getting distributed this week to groups that offered help such as...
Symetra Financial Hopes to Raise $750 Million in Public Offering
Jul 2 2007 // Symetra Financial Corp. out of Bellevue, Wash., said Friday it filed for an initial public offering of common shares. The shares will be offered by existing stockholders. The IPO expects to raise up to $750 million,...
Quanta Details Share Repurchase Plan
Jun 5 2007 // Bermuda-based Quanta Capital Holdings Ltd. has made preliminary tender offer filings with the U.S. Securities and Exchange Commission relating to its plans to offer to repurchase, through its wholly-owned subsidiary QCH...
Greenlight IPO Raises $258 Million
May 31 2007 // Cayman Islands-based Greenlight Capital Re, Ltd. announced the completion of its initial public offering of 11,787,500 Class A Ordinary Shares including 1,537,500 Class A Ordinary Shares sold pursuant to the...
Endurance Increases Share Repurchase Authorization
May 14 2007 // Bermuda’s Endurance Specialty Holdings Ltd. announced that its Board of Directors has approved an increase in the number of ordinary shares authorized for repurchase under the Company’s share repurchase program...
Max Capital Posts $80 Million Q1 Net; Increases Share Repurchase Plan
May 9 2007 // The Bermuda-based Max Capital Group Ltd. reported net income for the three months ended March 31, 2007, of $80.0 million, or $1.24 per diluted share, compared to net income of $75.3 million, or $1.19 per diluted share, for...
Willis Accelerates Share Repurchase
Apr 2 2007 // Willis Group Holdings Limited announced that it has entered into an agreement to purchase approximately 10.2 million shares of its common stock from J.P. Morgan Securities Inc. “using an accelerated stock repurchase...
Arch Announces $1 Billion Share Repurchase Program
Mar 5 2007 // The Bermuda-based Arch Capital Group Ltd. announced that its Board of Directors has authorized the Company to invest up to $1 billion in the Company’s common shares through a share repurchase...
China Life IPO Expected to Raise up to $3.6 Billion
Dec 27 2006 // China Life Insurance Co. says it will set a price this week for an initial public offering on Chinese markets that could raise up to 28 billion yuan (US$3.6 billion; euro2.8 billion). The company would become the first...
MHBT Charity Golf Classic Raises More Than $47K for Local Charities
Nov 21 2006 // McQueary Henry Bowles Troy L.L.P. (MHBT), a privately owned insurance and risk management firm based in Dallas, announced that its sixth annual charity golf tournament raised more than $47,000 for local charities,...
OneBeacon raises $600 Million in IPO
Nov 10 2006 // OneBeacon Insurance Group Ltd., a property casualty unit of Bermuda-based reinsurer White Mountains Insurance Group Ltd, has raised an estimated $600 million in its initial public offering. OneBeacon’s 24 million...
Safeco Declares Regular Dividend and Share Repurchase Increase
Nov 3 2006 // Safeco has declared a regular dividend of $0.30 per share on its common stock. The dividend is payable Jan. 22, 2007, to shareholders of record on Jan. 5, 2007. The company also announced that its board of directors has...
Safeco Announces $250 Million Share Repurchase
Aug 14 2006 // Safeco announced it has executed a Rule 10b5-1 trading plan to purchase up to $250 million of its outstanding shares of common stock. A Rule 10b5-1 plan allows Safeco to repurchase its shares during periods when the...
Safeco Announces Share Repurchase Increase, Declares Dividend
Aug 11 2006 // Safeco announced that its board of directors has increased the company’s share repurchase authorization to 10 million shares, including shares that remain available for repurchase under previously approved programs....
La. Insurance Candidates Raise $1.2M
Jul 19 2006 // Editor’s note: This story updates campaign figures for Louisiana insurance commissioner candidates which were posted July 18 on this Web site. The three candidates running for Louisiana’s Commissioner of...
Louisiana Commissioner Hopefuls Raise More Than $600K
Jul 18 2006 // The three candidates running for Louisiana’s Commissioner of Insurance collected more than $600,000 since the beginning of the year. Acting Insurance Commissioner Jim Donelon raised the most of the three, with...
California State Fund Raised $50,000 for Community Programs in Past Decade
Jun 22 2006 // California’s State Compensation Insurance Fund’s Santa Rosa District Office employees have raised nearly $50,000 during the past decade for various charities including $3,000 at the recent 25th annual...
Caddyshack Charity Golf Tournament Raises $338,000
Jun 19 2006 // Tom Van Berkel, president and CEO of The Main Street America Group, recently met Academy Award-nominated actor Bill Murray at the Murray Brothers Caddyshack Charity Golf Tournament at the World Golf Village, St. Augustine,...
La. Kids’ Chance Golf Tournament Raises $27K for Children of Injured Workers
May 11 2006 // Louisiana Workers’ Compensation Corporation (LWCC) reported that LWCC Chairman Aubrey Temple and president/CEO Kristin Wall presented a check in the amount of $27,000 to the Louisiana Bar Foundation to support its...
Safeco Increases Dividend By 20%; Announces Share Repurchase
May 4 2006 // Seattle-based Safeco’s board of directors announced an increase to the company’s quarterly dividend. The board declared a regular quarterly dividend of $0.30 per share, payable on July 24, 2006, to shareholders...
