news releases
AUSTIN, TEXAS, May 5, 2008 – American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) today announced results for the quarter ended March 31, 2008. For the three months ended March 31, 2008, revenues were $19,632,000 compared to $8,887,000 for the same period last year. Net earnings were $3,380,000 or $.46 per diluted share, compared to a loss of $95,000 or $.03 per diluted share in the same period last year.
AUSTIN, TEXAS, April 25, 2008 - American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) today announced that it is holding a conference call to discuss financial results for the quarter ended March 31, 2008, with Chief Executive Officer Ken Shifrin, President Tim LaFrey and Chief Financial Officer Marc Zimmermann on Tuesday, May 6, 2008, at 9:30 A.M. CDT.
AUSTIN, TEXAS, March 10, 2008 – American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) today announced results for the quarter and year ended December 31, 2007. For the three months ended December 31, 2007, revenues were $22,785,000 compared to $10,822,000 for the same period last year. Net earnings were $6,005,000 or $.82 per diluted share, compared to $1,625,000 or $.56 per diluted share, in the same period last year. For the year ended December 31, 2007, revenues were $84,403,000 compared to $33,564,000 in the prior year. Net earnings were $23,273,000 or $4.09 per diluted share, compared to $3,194,000 or $1.09 per diluted share in 2006.
AUSTIN, TEXAS, March 5, 2008 - American Physicians Service Group, Inc. ("APS") (NASDAQ: AMPH) today announced that its Board of Directors had authorized an increase in the APS stock buyback plan of $4,000,000 for future purchases of the Company’s outstanding common shares.
AUSTIN, TEXAS, March 3, 2008 - American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) today announced that it is holding a conference call to discuss financial results for the quarter and year ended December 31, 2007, with Chief Executive Officer Ken Shifrin, President Tim LaFrey and Chief Financial Officer Marc Zimmermann on Monday, March 10, 2008, at 9:30 A.M. CDT.
AUSTIN, TEXAS, February 26, 2008 –American Physicians Service Group, Inc. (Company) (NASDAQ: AMPH) will present at the Raymond James 29th Annual Institutional Investors Conference on March 3, 2008, at approximately 9:50 a.m. eastern time. This event will take place at the Hyatt Regency Grand Cypress in Orlando.
AUSTIN, TEXAS, November 27, 2007 – American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) today announced that A.M. Best Company has assigned a financial strength rating of A- (Excellent) and an issuer credit rating of “a-“ to American Physicians Insurance Company (“API”).
OLDWICK, N.J., Nov. 27, 2007—A.M. Best Co. has assigned a financial strength rating (FSR) of A- (Excellent) and an issuer credit rating (ICR) of “a-” to American Physicians Insurance Company (API). A.M. Best also has assigned an ICR of “bbb-” to API’s parent holding company, American Physicians Service Group, Inc. (APS) (both of Austin, TX) [NASDAQ: AMPH]. The outlook for all ratings is stable.
AUSTIN, TEXAS, November 5, 2007 – American Physicians Service Group, Inc.
(“APS”) (NASDAQ: AMPH) today announced results for the quarter and nine months
ended September 30, 2007. For the three months ended September 30, 2007, revenues
were $22,879,000 compared to $7,125,000 for the same period last year. Net earnings
were $5,292,000 or $.73 per diluted share, compared to $409,000 or $.14 per diluted
share, in the same period last year. For
October 31, 2007
AUSTIN, TEXAS, October 31, 2007 - American Physicians Service Group, Inc. ("APS") (NASDAQ: AMPH) today announced that it is holding a conference call to discuss financial results for the quarter ended September 30, 2007 with Chief Executive Officer Ken Shifrin, President Tim LaFrey and Chief Financial Officer Bill Hayes on Tuesday, November 6, 2007 at 10:30 A.M. CDT.
September 10, 2007
AUSTIN, TEXAS, September 10, 2007 – American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) announced today that its board of directors has elected Marc Zimmermann to succeed Bill Hayes as Chief Financial Officer effective November 16, 2007.
August 22, 2007
AUSTIN, TEXAS, August 22, 2007 - American Physicians Service Group, Inc. ("APS") (NASDAQ: AMPH) today announced that its American Physicians Insurance Company (“API”) subsidiary has received a Certificate of Authority from the Oklahoma Insurance Department to write physicians professional liability insurance in Oklahoma.
August 15, 2007
AUSTIN, TEXAS, August 15, 2007 - American Physicians Service Group, Inc.
("APS") (NASDAQ: AMPH) today announced results for the quarter and six months
ended June 30, 2007.
July 11, 2007
Austin, Texas (July 11, 2007). American Physicians Service Group, Inc. (“APS”) (NASDAQ-CM:AMPH) today announced that the underwriters of its recent public offering have exercised their over-allotment option to purchase an additional 315,000 shares of common stock at the public offering price of $16.50 per share.
June 20, 2007
Austin, Texas (June 20, 2007). American Physicians Service Group, Inc. (“APS”) (NASDAQ-CM:AMPH) today announced that its proposed public offering of 2,100,000 shares of common stock priced at $16.50 per share.
May 25, 2007
Austin, Texas (May 25, 2007). American Physicians Service Group, Inc. (“APS”) (NASDAQ-CM:AMPH) today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission relating to a proposed public offering of 2,300,000 shares of common stock.
May 15, 2007
AUSTIN, TEXAS, May 15, 2007 - American Physicians Service Group, Inc. ("APS") (NASDAQ: AMPH) today announced results for the first quarter of 2007.
April 2, 2007
AUSTIN, TEXAS, April 2, 2007 - American Physicians Service Group, Inc. ("APS") (NASDAQ: AMPH) today announced that Norris C. Knight, M.D. and William J. Peche, M.D. were appointed by the Company’s directors to its Board of Directors following its acquisition of American Physicians Insurance Exchange (“APIE”).
March 29, 2007
AUSTIN, TEXAS, March 29, 2007 - American Physicians Service Group, Inc. ("APS") (NASDAQ: AMPH) today announced results for the fourth quarter and year-end 2006.
March 26, 2007
AUSTIN, TEXAS, March 26, 2007 - American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) today announced that Timothy L. LaFrey has been elected President and Chief Operating Officer of the Company. Mr. LaFrey has also been appointed to the Company’s Board of Directors
March 22, 2007
AUSTIN, TEXAS, March 22, 2007 - American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) today announced that at a Special Meeting of Shareholders held March 22, 2007, its shareholders had approved issuance of its common and preferred shares for the acquisition of American Physicians Insurance Exchange (“APIE”).
February 2, 2007
AUSTIN, TEXAS, February 2, 2007- American Physicians Service Group, Inc. (“APS”) (NASDAQ: AMPH) today announced that the Securities and Exchange Commission had declared the Company’s joint registration and proxy statement effective on February 1, 2007.