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RUTX Republic Companies

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Last Updated: -
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Share Name Share Symbol Market Type
Republic Companies NASDAQ:RUTX NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Republic Companies Group, Inc. Announces the Addition of Frank Vaccaro as Vice President of Information Services

24/04/2006 4:00pm

PR Newswire (US)


Republic Companies (NASDAQ:RUTX)
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DALLAS, April 24 /PRNewswire-FirstCall/ -- Republic Companies Group, Inc. (NASDAQ:RUTX) ("Republic") announced today that Frank Vaccaro has joined the organization as Vice President of Information Services. (Logo: http://www.newscom.com/cgi-bin/prnh/20050801/REPUBLICLOGO ) Vaccaro most recently served as Assistant Vice President -- Business Segment Partner of the financial departments of CNA Insurance in Chicago, IL. At CNA, Vaccaro led the technology strategy and decisions for the enterprise billing and collections function and had technology oversight responsibility for finance/accounting, reinsurance, investments and actuarial business units. Before joining CNA, Vaccaro spent 8 years with Kemper Insurance and held the position of Vice President and Chief Information Officer. He started his career at First National Bank of Chicago and subsequently held positions at Telaction Inc., Kraft Foodservice and Alliance Systems Inc. Vaccaro earned his Bachelors of General Studies with an emphasis in Computer Science from Roosevelt University in Chicago, IL. Vaccaro will report to Parker Rush, Republic's President and CEO. Mr. Rush stated, "Frank Vaccaro has an outstanding track record of addressing an insurance organization's technology costs while delivering state of the art products and services. As Vice President of Information Services, Frank will lead our technology efforts to run our business more efficiently and effectively. Our ability to leverage technology to better serve our customers at reduced marginal costs is a key factor of our long-term success." About Republic Republic Companies Group, Inc. through a group of insurance companies and related entities provides personal and commercial property and casualty insurance products to individuals and small to medium-size businesses primarily in Texas, Louisiana, Oklahoma and New Mexico. This focus on a large, rapidly growing region allows Republic to participate in profitable underserved niche opportunities. We have written insurance in Texas consistently throughout our entire 102-year history and have developed deep market knowledge and a loyal network of independent agents and managing general agents who provide us with access to what we believe are among the most profitable clients and market segments. We are rated A- (Excellent) by A.M. Best Company, Inc. with a stable outlook. We completed our Initial Public Offering in early August 2005. 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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