Zacks Investment Research downgraded shares of HCC INS HLDGS (HCC) from OUTPERFORM to NEUTRAL on November 01, 2012, with a target price of $38.00.
HCC, through its subsidiaries, provides specialized property & casualty insurance coverages, managing general agency services & insurance related services both to commercial customers & individuals. HCC's insurance products are underwritten on both a direct & reinsurance basis & are marketed by the Company itself & through a network of independent & affiliated agents & brokers. HCC’s principal insurance company subsidiaries are Houston Casualty Co., U.S. Specialty Insurance Company & Trafalgar Insurance Company in Houston, Texas & AVEMCO Insurance Company in Frederick, Maryland.
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