BNET Industries
Market Cap:$97.1M
Last Fiscal Year Sales:$143.7M
- Public
- US
Dow Jones Description
With 44,000 members nationwide and 19,000 members in California alone, SCPIE Insurance/The Doctors Company is now the nation's largest insurer of physician and surgeon medical liability. With $3 billion in assets and more than $840 million in policyholders' surplus, all our members benefit from our financial strength rating of A (Strong) by Fitch Ratings and A- (Excellent) by A.M. Best Company.
Director, President and Chief Executive Officer
Donald J. ZukNumber of Employees 107
Contact Information
1888 Century Park E Ste 800
Los Angeles, California 90067-1712
(310) 551-5900
Peer Companies
NAICS Code Other Direct Insurance (except Life, Health, and Medical) Carriers: 524128
News & Analysis
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scpie holdings inc. - All News and Analysis
ISS/Risk Metrics Recommends SCPIE Shareholders Vote for Merger with the Doctors Company
Three Leading Independent Proxy Advisors Concur In Recommending SCPIE Stockholders Vote FOR $28 Per Share All-Cash Merger LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, today announced that Institutional Shareholder Services/RiskMetrics ISS, one of the nation's leading proxy advisory firms, has recommended that...
Proxy Advisors' Endorsement of SCPIE Holdings Merger with The Doctors Company is Unanimous
Egan-Jones Joins ISS, Glass Lewis and PROXY Governance in Recommending SCPIE Stockholders Vote FOR $28 Per Share In-Cash Merger with The Doctors Company LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, today announced that Egan-Jones joined ISS, Glass Lewis, and PROXY Governance in...
SCPIE Holdings Merger with The Doctors Company Receives Endorsement of Proxy Advisory Firm
-- PROXY Governance, Inc. Recommends SCPIE Stockholders Vote FOR the $28 Per-Share All Cash Merger with The Doctors Company -- LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, today announced that PROXY Governance, Inc., a proxy voting advisory firm, has recommended that SCPIE...
SCPIE Holdings Letter Clarifies Misleading Statements
LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, has released an open letter to its stockholders in which it clarifies many statements made by Joe Stilwell, an ex-director of the Company, in recent letters to SCPIE stockholders. In a separate action, the Company also...
SCPIE Holdings Merger with The Doctors Company Receives Endorsement of Leading Proxy Advisor
Glass Lewis & Co. Recommends SCPIE Stockholders Vote FOR $28 Per Share in Cash Merger with The Doctors Company LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, today announced that Glass Lewis & Co., one of the leading U.S. proxy voting advisory firms,...
SCPIE Holdings Reports Results for 2007 Year and Fourth Quarter
LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, today reported its financial results for the year and fourth quarter ended December 31, 2007. In 2007, SCPIE had net income of $17.9 million, equal to $1.82 per diluted share, compared with net income of...
SCPIE Holdings Letter to Stockholders Refutes Stilwell's Statements
LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, today announced the mailing of a letter to its stockholders, reiterating the SCPIE Board's continuing support of The Doctors Company all-cash offer of $28 per share, and refuting many of the statements made by Joe Stilwell...
SCPIE Holdings Inc. Reiterates Support of $28 All-Cash Bid and Calls Stilwell's Rhetoric Misleading
LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP), a major provider of healthcare liability insurance, today reiterated its support of The Doctors Company transaction, the terms of which call for $28 in cash per share and represent a premium of approximately 31% over the Company's closing price one week before the...
ISS Recommends Voting for All SCPIE Nominees; Glass Lewis Also Endorses Entire SCPIE Slate; Stilwell Nominees Labeled Inexperienced and Their Plan Not in the Interests of Shareholders
LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP) announced today that the independent proxy advisory firms, Institutional Shareholder Services ISS and Glass Lewis & Co., have both separately recommended that SCPIE's stockholders vote the WHITE proxy card for the Company's slate of nominees, Kaj Ahlmann, Willis T. King, Jr. and Elizabeth...
SCPIE Holdings Again Corrects Stilwell Statements; Urges Stockholders Not to Throw Their Votes Away
LOS ANGELES -- SCPIE Holdings Inc. (NYSE:SKP) today provided the following comments in response to the latest misleading public statements of the Stilwell Group: "The Stilwell Group's attempts to spin the truth continue. As we noted yesterday, the Delaware Department of Insurance has stated unequivocally that the Stilwell Group...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Donald J. Zuk | Director, President and Chief Executive Officer |
| Edward Marley | Chief Accounting Officer & Vice President |
| Robert B. Tschudy | Senior Vice President and Chief Financial Officer |
| Joseph Henkes | Senior Vice President |
| Margaret McComb | Senior Vice President |
| Ronald Goldberg | Senior Vice President |
| Howard Bender | Vice President, Communications |
| Nancy M. Schnurstein | Vice President, Marketing |
| Marshall S. Geller | Cofounder and Senior Managing Director of St. Cloud Capital |
| Wendell L. Moseley | Director |
| Willis T. King | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Jack E. McCleary | Chairman |
| Kaj Ahlmann | Chairman |
| Mitchell Karlan | Chairman of the Board |
| Ronald H. Wender | Chairman |
| Charles B. McElwee | Board of Directors |
| Elizabeth A. Murphy | Board of Directors |
| Henry L. Stoutz | Board of Directors |
| Jack E McLeary | Board of Directors |
| Joseph D. Stilwell | Board of Directors |
| Louis H. Masotti | Board of Directors |
| Reinhold A. Ullrich | Board of Directors |
| William A. Renert | Member of the Board |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Director, President and Chief Executive Officer | Current |
| Scpie | Scpie President and Chief Executive Officer | Current |
| B.C.S. Financial Corp. | Director | Current |
| SCPIE Holdings Inc. | Board of Directors | Current |
| Bcsi Holdings, Inc. | Director | Current |
| SCPIE Indemnity Company | CEO | Former |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Chief Accounting Officer & Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Senior Vice President and Chief Financial Officer | Current |
| SCPIE Holdings Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Senior Vice President | Current |
| SCPIE Holdings Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Vice President, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Vice President, Marketing | Current |
Marshall S. Geller , 68, Director, has been a member of the Board since June 2006. He is the co-founder and Senior Managing Director of St. Cloud Capital, a Los Angeles-based private investment fund formed in December 2001. He is also Chairman, CEO and founding partner of Geller & Friend Capital Partners, Inc., a private merchant bank formed in November 1995. Mr. Geller has spent more than 40 years in corporate finance and investment banking, including 21 years as Senior Managing Director for Bear, Stearns and Company, with oversight of all operations in Los Angeles, San Francisco, Chicago, Hong Kong and the Far East. Mr. Geller currently serves as a Non-Executive Chairman of the Board of Directors of ShopNBC-Value Vision Media, Inc. and as director on the boards of GP Strategies Corporation, 1st Century Bank N.A., Blue Holdings, Inc. and National Holdings Corp. Mr. Geller also serves as a member of the Board of Governors of Cedars-Sinai Medical Center, Los Angeles. Mr. Geller graduated from California State University, Los Angeles, with a BS in Business Administration, where he currently serves on the Dean s Advisory Council for the College of Business & Economics.
| Organization | Position | Status |
|---|---|---|
| Geller | CEO | Current |
| St. Cloud Capital, LLC | Senior Managing Director | Current |
| St. Cloud | Senior Managing Director | Current |
| SCPIE Holdings Inc. | Cofounder and Senior Managing Director of St. Cloud Capital | Current |
| St. Cloud Capital, LLC | Cofounder | Current |
| 1st Century Bank | Founder & Senior Managing Partner, St. Cloud Capital (for More Information, Click Here) | Current |
| GP Strategies Corporation | Board of Directors | Current |
| Winwin Gaming, Inc. | Current | |
| Viking Systems, Inc. | Current | |
| Geller | Chairman | Current |
| GP Strategies Corporation | Chairman | Current |
| General Physics Corporation | Board of Directors | Current |
| Cedars-Sinai Medical Center | Board Member | Current |
| ValueVision Media, Inc. | Board of Directors | Current |
| Blue Holdings, Inc. | Board of Directors | Current |
| National Securities Corporation | Board of Directors | Current |
| Guidance Software, Inc. | Board of Directors | Current |
| California Pizza Kitchen Inc. | Board of Directors | Current |
| SCPIE Holdings Inc. | Board of Directors | Current |
| National Holdings Corp | Director | Current |
| 1st Century Bank | Board of Directors | Current |
| Bear, Inc. | Senior Managing Director | Former |
| Stearns Inc. | Senior Managing Director | Former |
| The Bear Stearns Companies Inc. | Senior Managing Director | Former |
| Bear, Inc. | Senior Managing Partner | Former |
| Hexcel Corporation | Interim Co | Former |
| ValueVision Media, Inc. | Chairman | Former |
| Hexcel Corporation | Co-Chairman | Former |
| California State University | BS In Business Administration | Former |
| California State University, Los Angeles | BS in Business Administration | Former |
| Cedars-Sinai Medical Center | member | Former |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Chairman | Current |
| SCPIE Holdings Inc. | Director | Current |
| Scpie | Member of the Board | Current |
| California Medical Association, Inc | President | Former |
| Organization | Position | Status |
|---|---|---|
| Six Sigma Ranch, LLC | Founder | Current |
| Winery, LLC | Owner | Current |
| Vineyard | Owner | Current |
| SCPIE Holdings Inc. | Chairman | Current |
| Vineyard | Proprietor | Former |
| Erie Insurance Group | Board of Directors | Current |
| Sapiens International Corporation | Board of Directors | Current |
| Erie Indemnity Company | Board of Directors | Current |
| Erie Family Life Insurance Company | Board of Directors | Current |
| Deutsche Asset Management | Board of Directors | Current |
| SCPIE Holdings Inc. | Board of Directors | Current |
| Erie Insurance Group | Nominating and Governance Committee Member | Current |
| Employers Reinsurance Corporation | CEO | Former |
| Employers Reinsurance Corporation | President | Former |
| Six Sigma Ranch, LLC | Owner | Former |
| Six Sigma Ranch, LLC | Proprietor | Former |
| Winery, LLC | Proprietor | Former |
| Employers Reinsurance Corporation | Vice Chairman | Former |
| Employers Reinsurance Corporation | Board of Directors | Former |
| University of Copenhagen | MS In Mathematics | Former |
| University of Copenhagen | BS In Mathematics | Former |
| University of Aarhus | Bachelor of Science | Former |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Chairman of the Board | Current |
| SCPIE Holdings Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Chairman | Current |
| SCPIE Holdings Inc. | Member of the Board | Former |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Scpie | Executive Vice President and Chief Financial Officer of Scottish Re Group Limited | Current |
| SCPIE Holdings Inc. | Board of Directors | Current |
| ACE Tempest Reinsurance Ltd. | Chief Financial Officer | Former |
| ACE Limited | Treasurer | Former |
| University of Southampton | BS In Social Sciences | Former |
| Organization | Position | Status |
|---|---|---|
| Scpie | Member of the Board | Current |
| SCPIE Holdings Inc. | Board of Directors | Current |
| David Geffen School of Medicine at UCLA | Clinical Instructor | Former |
| Scpie | Instructor Department of Urology | Former |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Board of Directors | Current |
Joseph D. Stilwell has acted as a private investment manager overseeing the Stilwell Group of funds since 1993. He has been a director of APCapital since November 2004.
| Organization | Position | Status |
|---|---|---|
| American Physicians Capital, Inc. | Private Investment Manager | Current |
| Scpie | Private Money Manager With Stilwell Value Partners III | Current |
| American Physicians Capital, Inc. | Board of Directors | Current |
| SCPIE Holdings Inc. | Board of Directors | Current |
| American Physicians Capital, Inc. | Chair, Compensation Committee | Former |
| Wharton Graduate School of the University of Pennsylvania | Bachelor of Science In Economics | Former |
| The Wharton School of the University of Pennsylvania | Bachelor's Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Director | Current |
| Loma Linda University School of Medicine | Teacher | Former |
| Organization | Position | Status |
|---|---|---|
| SCPIE Holdings Inc. | Member of the Board | Current |
| San Diego County Medical Society | President | Former |
| Organization | Position | Status |
|---|---|---|
| First Protective Insurance Company | Chairman | Current |
| American Capital Access Holdings Limited | Chairman of The Board | Current |
| SCPIE Holdings Inc. | Director | Current |
| Max Capital Group Ltd. | Director | Current |
| Scpie | Member of the Board | Current |
| The Advisory Council | Board of Directors | Current |
| Highlands Insurance Group Inc. | Chief Executive Officer | Former |
| Highlands Insurance Group Inc. | Officer | Former |
| Johnson & Higgins | Chairman | Former |
| Highlands Insurance Group Inc. | Chairman | Former |
| Johnson & Higgins | Director | Former |
Executive News
-
Kaj Ahlmann, Retired Chairman, President and CEO of Employers Reinsurance, Joins SSA & Company Advisory Board
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