Republic Companies Group, Inc. Announces Quarterly Dividend
August 08 2006 - 1:19PM
PR Newswire (US)
DALLAS, Aug. 8 /PRNewswire-FirstCall/ -- Republic Companies Group,
Inc. (NASDAQ:RUTX) ("Republic") today announced that its Board of
Directors has declared a quarterly common stock dividend of 12
cents per share payable on October 13, 2006 to shareholders of
record at the close of business on September 29, 2006. About
Republic Republic Companies Group, Inc. through a group of
insurance companies and related entities provides personal and
commercial property and casualty insurance products. In its
Independent Agents segments, Republic distributes these products to
individuals and small to medium-size businesses through a network
of independent agents primarily in Texas, Louisiana, Oklahoma and
New Mexico. In its Program Management and Insurance Services
segments Republic capitalizes on its unique combination of charters
and licenses to develop and manage target-niche insurance products
that are distributed through managing general agents in many
additional states. Visit http://www.republicgroup.com/ for more
information. Precautionary Statement Regarding Forward-Looking
Information Some of the statements in this press release may
include forward-looking statements, as that term is defined in the
Private Securities Litigation Reform Act of 1995 (PSLRA), that
reflect our current views with respect to future events and
financial performance. These forward-looking statements, which may
apply to us specifically or the insurance industry in general, are
made pursuant to the safe harbor provisions of the PSLRA and
include estimates and assumptions related to economic, competitive,
regulatory, judicial, legislative and other developments. All
forward-looking statements address matters that involve risks and
uncertainties. If one or more of these or other risks or
uncertainties materialize, or if our underlying assumptions
otherwise prove to be incorrect, our actual dividend yield may vary
materially. You should read the additional information regarding
these and other risk factors and uncertainties which may be found
in Republic Companies Group, Inc.'s filings with the Securities and
Exchange Commission (available at http://www.sec.gov/ ). Unless
otherwise required by law, we undertake no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future developments or otherwise. All
subsequent written and oral forward-looking statements attributable
to us or individuals acting on our behalf are expressly qualified
in their entirety by this paragraph.
http://www.newscom.com/cgi-bin/prnh/20050801/REPUBLICLOGO
http://photoarchive.ap.org/ DATASOURCE: Republic Companies Group,
Inc. CONTACT: Michael E. Ditto, Esq., Vice President, General
Counsel and Secretary of Republic Companies Group, Inc.,
+1-972-788-6000 Web site: http://www.republicgroup.com/
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