Insurance Brokers

J.P. Morgan Chase & Co. is lowering its estimates on Brown & Brown, Inc. (NYSE: BRO), but still has a Neutral rating and a $23 price target. In a note sent to clients, J.P. Morgan writes, "We are reducing our 2011 and 2012 EPS estimates by $0.05 and $0.06, respectively, to $1.13 and $1.33,...

Conn's Inc (NASDAQ: CONN) rose 8.97% to $4.86 in the pre-market session. CONN had reported better-than-expected Q3 results. Ascent Media Corporation (NASDAQ: ASCMA) added 6.49% to $33 in pre-market trading. Encompass Digital Media, Inc. announced its plans to purchase ASCMA's global content...

Arthur J. Gallagher & Co. (NYSE: AJG) today announced the acquisition of Premier Risk Services, Inc. in Itasca, Illinois. Terms of the transaction were not disclosed.

Focusing on alternatives investment, yesterday Marsh & McLennan Companies Inc.(MMC) entered into a definitive agreement to purchase Hammond Associates, the third largest investment consulting company for endowments and foundations in the US, for an undisclosed amount. The deal is expected to...

Focusing on alternatives investment, yesterday Marsh & McLennan Companies Inc.(MMC) entered into a definitive agreement to purchase Hammond Associates, the third largest investment consulting company for endowments and foundations in the US, for an undisclosed amount. The deal is expected to...

CNinsure Inc (NASDAQ: CISG) shares surged 12.32% to $21.34 at 10:52 am. The volume of CISG shares traded was 576% higher than normal. CISG has announced management plan to buy shares of the Company in the open market. Dynamex Inc (NASDAQ: DDMX) shares moved up 12.03% to $23.66. The volume of DDMX...

J.P. Morgan Chase & Co. has an Overweight rating on CNinsure Inc. (NASDAQ: CISG) and a $28 price target after the company reported earnings yesterday. In a note sent to investors, J.P. Morgan writes, "CNinsure saw further business diversification with life commissions stood at 32% of total...

Willis Group Holdings (NYSE: WSH), the global insurance broker, today announced the appointment of Vic Krauze as Chairman and CEO of Willis North America. Mr. Krauze will report to Joe Plumeri, Chairman and CEO of Willis Group, and will serve as a member of Willis' Executive Committee. Mr. Krauze,...

Shares of CNinsure Inc. (NASDAQ: CISG) are lower on the session by 3.34%, trading at $22.25. Overall put volume is now running at 7.86x the daily average, with 91% of all puts traded being purchases on the offer. 2,133 contracts have traded on the session so far. CNinsure Inc. is an independent...

Shares of CNinsure Inc. (NASDAQ: CISG) are higher on the session by 1.19%, currently trading at $22.19. The stock has been moving largely lower over the past five months and is currently trading below the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A...

For Immediate Release Chicago, IL – November 10, 2010 – Zacks.com Analyst Blog features: Dendreon Corp. (DNDN), Ambac Financial Group Inc. (ABK), Ultra Petroleum Corp. (UPL), Marsh & McLennan Companies Inc. (MMC) and U.S. Cellular (USM). Get the most recent insight from Zacks Equity Research...

Marsh & McLennan Companies Inc. (MMC) reported its third quarter adjusted operating income of $146.0 million or 27 cents per share, a penny less than the Zacks Consensus Estimate of 28 cents. This also compares unfavorably with the income of $252.0 million or earnings of 48 cents in the year-...

Shares of Research In Motion (NASDAQ: RIMM) fell about 2.2% after Kaufman Bros. analyst Shaw Wu downgraded RIMM from “buy” to “hold” to reflect the "major product transitions and increasing competition in its core markets for RIMM.” RIMM shares have lost 8.24% in the past 52 weeks. Shares of Marsh...

The rally that propelled stocks to their best levels since days preceding Lehman's collapse lost momentum on Monday as a stronger dollar and worries related to European sovereign debt gave investors reason to retreat. The Dow average fell for the first time in seven days. Investors turned to safer...

• Chevron (NYSE: CVX) announced plans to buy Atlas Energy (NASDAQ: ATLS) for $4.3 billion, or $43.35 per share • Bank of America (NYSE: BAC) and PNC (NYSE: PNC) sold $8.3 billion of BlackRock (NYSE: BLK) shares in a secondary offering priced at $163 per share, a 3.6% discount to BlackRock's close...