Eastern Insurance Holdings, Inc. to Release 1st Quarter 2013 Financial Results

LANCASTER, Pa., April 19, 2013 /PRNewswire/ -- Eastern Insurance Holdings, Inc. (NASDAQ: EIHI) announced today that it plans to release financial results for the first quarter ended March 31, 2013, following the close of market trading on Thursday, May 2, 2013.

EIHI will host a conference call on Friday, May 3, 2013 at 10:00 a.m. ET to review the Company's 2013 first quarter results. The conference call will feature remarks by Michael L. Boguski, President and Chief Executive Officer and Kevin M. Shook, Executive Vice President, Treasurer and Chief Financial Officer. The dial-in number for the conference call is (888) 317-6016 (toll-free), (855) 669-9657 (toll-free for Canada) and (412) 317-6016 (international). The conference call is also available via Web cast and can be accessed through the Investor Relations section of the Company's Web site at http://www.eihi.com. Please note that the Web cast is a listen-only mode.

For interested individuals unable to join the conference call, a replay of the call will be available through May 20, 2013, at (877) 344-7529 (toll-free) and (412) 317-0088 (international).  The replay conference number for the call is 10027355.  The online archive of the Web cast will be available on the Investor Relations section of the Company's Web site for one year following the call.

EIHI, through its primary operating subsidiaries, Eastern Alliance Insurance Group and Eastern Re Ltd., SPC, is a specialty underwriter of workers' compensation insurance products and services. EIHI has service offices in Pennsylvania, North Carolina, Indiana, Tennessee, Virginia and Mississippi.  EIHI's Web address is http://www.eihi.com. 

FORWARD LOOKING STATEMENTS

Some of the statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, as amended.  In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "project," "plan," "intend," "anticipate," "believe," "estimate," "predict," "potential" or "continue," the negative of these terms or other similar terminology.  Forward-looking statements are based on the opinions and estimates of management at the time the statements are made and are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated in the forward-looking statements.  No assurance can be given that management's expectations, beliefs or projections will occur or be achieved or accomplished.  Factors that could affect the Company's actual results include, among others, the fact that our loss reserves are based on estimates and may be inadequate to cover our actual losses; the uncertain effects of emerging claim and coverage issues on our business; an inability to obtain or collect on our reinsurance protection; a downgrade in the A.M. Best rating of our insurance subsidiaries; the impact of extensive regulation of the insurance industry and legislative and regulatory changes; a failure to realize our growth strategies and investment objectives; the further deterioration in the fixed income and equity security markets, the effects of intense competition; the loss of one or more principal employees; the geographic concentration of our business; the failure of independent insurance brokers to adequately market our products; and other factors described in our filings with the U.S. Securities and Exchange Commission.  Readers are cautioned not to place undue reliance upon these forward-looking statements, which speak only as of the date of this release.  The Company undertakes no obligation to update any forward-looking statements.

SOURCE Eastern Insurance Holdings, Inc.