Jacob Steinberg
Long only, deep value, growth at reasonable price, carmakers

Eastern Insurance Holdings: Strong Growth At A Cheap Price

Eastern Insurance Holdings (NASDAQ:EIHI) underwrites a number of products in the business markets with a focus on workers' compensation. The company provides its clients with tools, resources, solutions and programs in order to maximize their potential benefits. Eastern Insurance operates offices in Pennsylvania, North Carolina, Indiana and Tennessee. The company has a few subsidiaries such as Eastern Alliance insurance Group, Eastern Re Ltd and Employers Alliance Inc.

The company generates a majority of its revenues from Pennsylvania (65.2%). The state is followed by Indiana (with 9.2%), North Carolina (with 6.6%), Virginia (with 4.3%), Maryland (with 2.8%), South Carolina (with 2.2%), Delaware (with 2.0%), New Jersey (with 1.8%) and Tennessee (with 1.7%). In the future, as the company increases...

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