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Ezra Penland Actuarial Recruitment Hires 3; Announces Scholarship Recipient; Publishes Salary Surveys

February 29, 2012

Ezra Penland, the Leader in Actuarial Recruitment, is proud to announce the hiring of three new employees at the Chicago- based firm. Margaret Dobie joins Ezra Penland as an Actuarial Recruiter. Jacob Galecki joins Ezra Penland as an Actuarial Recruiter.

AXA Advisors Awards Top Honor to 100-Year-Old Agent

February 29, 2012

This is the highest honor that the firm bestows upon an AXA Advisors financial professional. “Even at 100, Ted’s dedication to his clients, the profession and his community is unwavering,” said Bucky Wright, vice chairman of AXA Advisors. ” In 1947, he joined AXA Advisors- then known as The Equitable Life Assurance Society of America- as a life insurance agent.

PICO Holdings, Inc. Announces Fourth Quarter and Full Year 2011 Results

February 29, 2012

LA JOLLA, Calif., Feb. 29, 2012– PICO Holdings, Inc. reported shareholders’ equity of $501.8 million at December 31, 2011, compared to $507.1 million at September 30, 2011, and $568.1 million at December 31, 2010. Reported book value per share attributable to PICO shareholders decreased by $0.23, or 1%, during the fourth quarter of 2011, and by $2.93, or 12%, over 2011..

OLD REPUBLIC INTERNATIONAL CORP – 10-K – Management Analysis of Financial Position and Results of Operations ($ in Millions, Except Share Data) OVERVIEW

February 29, 2012

A small life and health insurance business, accounting for 1.8% of consolidated operating revenues for the year ended December 31, 2011 and 1.6% of consolidated assets as of that date, is included within the corporate and other caption of this report. As a publicly held company, Old Republic utilizes GAAP largely to comply with the financial reporting…

ENDO PHARMACEUTICALS HOLDINGS INC – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations

February 29, 2012

The following Management’s Discussion and Analysis of Financial Condition and Results of Operations describes the principal factors affecting the results of operations, liquidity and capital resources, and critical accounting estimates at Endo. This discussion should be read in conjunction with our audited Consolidated Financial Statements and…

TOWER GROUP, INC. – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations

February 29, 2012

The following discussion and analysis of our financial condition and results of operations should be read in conjunction with our consolidated audited financial statements and accompanying notes which appear elsewhere in this Form 10- K. It contains forward-looking statements that involve risks and uncertainties. Subsequent to the acquisition of…

CHEESECAKE FACTORY INC – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

February 29, 2012

As of February 23, 2012, we operated 170 upscale, casual, full-service dining restaurants: 156 under The Cheesecake Factory ® mark, 13 under the Grand Lux Cafe ® mark and one under the RockSugar Pan Asian Kitchen ® mark. The Cheesecake Factory is an upscale, casual dining concept that offers more than 200 menu items including appetizers, pizza, seafood, steaks,…

MOLINA HEALTHCARE INC – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations

February 29, 2012

Molina Healthcare, Inc. provides quality and cost-effective Medicaid- related solutions to meet the health care needs of low-income families and individuals, and to assist state agencies in their administration of the Medicaid program. Our Health Plans segment comprises health plans in California, Florida, Michigan, Missouri, New Mexico, Ohio, Texas, Utah,…

BROWN & BROWN INC – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations.

February 29, 2012

The following discussion should be read in conjunction with our Consolidated Financial Statements and the related Notes to those Consolidated Financial Statements included elsewhere in this Annual Report. We are a diversified insurance agency, wholesale brokerage, insurance programs and services organization headquartered in Daytona Beach and…

Judge approves Pace Airlines insurance settlement [Winston-Salem Journal, N.C.]

February 29, 2012

Feb. 29– A U.S. Bankruptcy Court judge approved today a $1 million insurance payment to the estate of a defunct Pace Airlines Inc.. The settlement, which was reached Jan. 30 through mediation, requires National Union Fire Insurance Co. of Pittsburgh to pay the $1 million within 30 days of the settlement being approved. In return, Allman agreed to dismiss with…

Gen Re and AIG Executives to Face January Retrial

February 29, 2012

Four General Reinsurance Corp. executives and one from American International Group Inc. will face a Jan. 22, 2013, trial on accusations they created a sham finite reinsurance transaction to boost AIG’s earnings. Bryant will preside over the case in the U.S. District Court for Connecticut. Gen Re allegedly paid a $10 million premium that AIG secretly returned…

Chartis Exits Stand-Alone Excess Workers’ Comp Market

February 29, 2012

Excess workers’ comp has an extremely long tail and “is one of the most challenging classes of business to reserve for because it is highly sensitive to small changes in assumptions— in the rate of medical inflation or the longevity of injured workers, for example— which can have a significant effect on the ultimate reserve estimate,” according to AIG’s annual…

DARLING INTERNATIONAL INC – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

February 29, 2012

The following Management’s Discussion and Analysis of Financial Condition and Results of Operations contains forward-looking statements that involve risks and uncertainties. Effective January 2, 2011, as a result of the acquisition of Griffin, the Company’s business operations were reorganized into two new segments, Rendering and Bakery, in order to…

Hylant Group Professional Receives Elite Credentialing from American Hospital Association

February 29, 2012

TOLEDO, Ohio, Feb. 29, 2012/ PRNewswire/– Hylant Group, one of the largest privately owned insurance brokerage firms in the nation, recognized Laura Fisher for earning the Certified Professional in Healthcare Risk Management designation from the American Hospital Association Certification Center. At Hylant, she concentrates on working with large, complex…

Calif. Regulators Say Zurich Attempted to Evade State Review Process

February 29, 2012

Zurich American Insurance Co. and Zurich American Insurance Company of Illinois have allegedly been using a type of workers’ compensation insurance agreement without getting a review by the CDI in violation of the California Insurance Code. GeoVera denied the violations, but agreed to pay refunds to policyholders in addition to a $235,000 fine.

Allianz Life Names Gretchen Cepek as General Counsel

February 29, 2012

Allianz Life Insurance Company of North America has promoted Gretchen Cepek to the post of general counsel, effective February 20, 2012. She also joins the company’ s Executive Leadership Group and will report directly to Allianz Life President and CEO Walter White. Prior to joining Allianz Life, Cepek provided counsel on a range of legal matters for Woodbury…

ALLIED WORLD ASSURANCE CO HOLDINGS, AG – 10-K – Management’s Discussion and Analysis of Financial Condition and Results of Operations.

February 29, 2012

Some of the statements in this Form 10- K include forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995 that involve inherent risks and uncertainties. Table of Contents Overview Our Business We write a diversified portfolio of property and casualty insurance and reinsurance internationally through our…

Missouri State Auditor Blasts Missouri Employers Mutual Insurance Co.

February 29, 2012

Among the expenses Schweich took issue with were more than $300,000 for an all-inclusive retreat to Hawaii for 64 invitees; $280,000 to sponsor, donate or contribute to various events and entities; $80,000 for tickets and tailgating for University of Missouri athletic events; $80,000 for other company functions, such as retreats and golf outings, and jackets:…

PENNSYLVANIA REAL ESTATE INVESTMENT TRUST – 10-K – MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS.

February 29, 2012

Pennsylvania Real Estate Investment Trust, a Pennsylvania business trust founded in 1960 and one of the first equity real estate investment trusts in the United States, has a primary investment focus on retail shopping malls and strip and power centers located in the eastern half of the United States, primarily in the Mid-Atlantic region.

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