Renaissance Capital logo

Insurance provider Employers Holdings increases size of offering

January 29, 2007
EIG

Employers Holdings, which provides workers' compensation insurance in California and Nevada, increased the size of its offering by 16% on Monday. The Reno-based company now plans to offer 26.75 million shares at the proposed range of $14-$16. Morgan Stanley is managing the deal which has a proposed market cap of $790 million and is expected to price this week.