This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Bituminous Appoints Vincent C. Lamb President And Chief Executive Officer

ROCK ISLAND, Ill., Jan. 16, 2013 /PRNewswire/ -- The Bituminous Insurance Companies ("Bitco"), wholly-owned general insurance subsidiaries of Old Republic International Corporation (NYSE: ORI), today announced that Vincent C. Lamb (50), President, has been appointed to the additional position of Chief Executive Officer.  He succeeds R. Greg Ator (60) who has retired following a thirty-eight year career with Bitco.

Vince Lamb joined Bitco as president in 2011 on the heels of a successful 20-year insurance production and underwriting career with ORI's Great West Casualty Company and affiliated insurance agencies.  He is a graduate of the University of Iowa and holds the Chartered Property & Casualty Underwriter ("CPCU") designation.  As President and Chief Executive Officer he will lead Bitco as the senior member of its Office of the Chief Executive Officer. 

Bitco's Insurance Companies are expected to continue growing nationally as specialty insurers focused on both middle market and larger commercial enterprises.  Their current production and underwriting competence are oriented toward the oil and gas, construction, and forest products industries.  Certain additions to current product offerings and new niche markets are being considered as the companies aim to accelerate their growth as specialized insurance underwriters.

About Bitco and Old Republic

Bitco's Bituminous Insurance Companies trace their beginnings to the 1920's and became ORI subsidiaries through a 1985 merger. 

Chicago-based Old Republic International Corporation, which also traces its origins to the 1920's, is an insurance holding company whose subsidiaries market, underwrite and provide risk management services for a wide variety of coverages, principally in the property and liability, and title insurance fields.   A long term interest in mortgage guaranty and consumer credit indemnity lines has devolved to a run-off operating mode in recent times. 

One of the nation's 50 largest publicly owned insurance organizations, Old Republic has consolidated assets of approximately $16.18 billion and common shareholders' equity of $3.69 billion ( $14.40 per share). Its current stock market valuation is approximately $2.93 billion, ( $11.44 per share).

For the latest news releases and other corporate documents on

Old Republic International visit

SOURCE Old Republic International Corporation

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $95.03 -2.90%
FB $116.73 7.20%
GOOG $691.20 -2.10%
TSLA $247.71 -1.50%
YHOO $36.58 -1.00%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs