Seibels Bruce Reports 400 Percent Profit Gain in 1996
Seibels Bruce Group Inc posted a net income rise of nearly 400 percent for 1996, to 5.7 million from 1.6 million in 1995, aided by expense control and reduced development on nonunderwritten business. It marked the seventh straight profitable quarter.
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Seibels Bruce
Columbia (Ap
Seibels Bruce Group Inc
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Sun City Hilton Head stalls amid lawsuits and floods
Del Webb Corp facing legal actions from six contractors as storms and high rainfall delay Sun City Hilton Head construction. Officials cite desert-building in wetlands 13 miles west of Hilton Head Island, drainage issues, and a slow highway link to I-95 as factors harming sales and increasing costs.
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