Multi-line Insurance

Genworth Financial Inc (NYSE: GNW) fell 7.54% to $6.50 in the pre-market trading. GNW shares have dropped 33.62% over the past 52 weeks, while the S&P 500 index has gained 15.36% in the same period. Carnival Corporation (NYSE: CCL) dipped 1.55% to $32.44 in the pre-market session. CCL's...

According to Kinetic Analysis Corp., Hurricane Irene's estimated cost to insurers is about $2.6 billion, which is significantly below last week's projections which estimated the cost could be as much as $14 billion. “Insurers may get off pretty easy,” Charles Watson, Kinetic's research and...

Eastern Insurance Holdings (NASDAQ: EIHI) announced today that its board of directors has increased the repurchase authorization of its issued and outstanding shares of common stock by 1,000,000 shares. As of the close of business on August 22, 2011, the Company had 213,168 shares remaining on its...

NeoStem, Inc. (NYSE: NBS) announced today the appointment of Grant Thornton LLP as the Company's independent registered public accounting firm for fiscal year 2011. Grant Thornton LLP replaces Deloitte & Touche LLP. The decision to appoint Grant Thornton LLP as its independent registered...

Wunderlich Securities dropped its coverage of the insurance sector in a research report published today. The companies dropped by Wunderlich Securities are Amerisafe (NASDAQ: AMSF), AmTrust Financial Services (NASDAQ: AFSI), Aspen Insurance (NYSE: AHL), AXIS Capital Holdings (NYSE: AXS), Delphi...

Even with a very strong and bullish open, the bears, nevertheless, took it as another shorting opportunity. I am watching 1134 on the S&P to see whether we can hold those intraday lows. We break that I think we will likely fill the morning gap up.  I've provided a few bounce plays, two of which...

Today, the U.S. Department of the Treasury announced that it had received an additional repayment from American International Group (NYSE: AIG) of $2.15 billion funded through the proceeds from the previously announced sale of AIG's Nan Shan life insurance subsidiary. The proceeds were used to pay...

American International Group, Inc. (NYSE: AIG) today announced that it has reduced the remaining liquidation preference of preferred interests that the U.S. Department of the Treasury holds in AIA Aurora LLC to approximately $9.3 billion by applying the proceeds of approximately $2 billion from the...

Morgan Stanley has published a research report on Hartford Financial Services (NYSE: HIG) In the report, Morgan Stanley wrote, "We consider Hartford's valuation to be attractive and believe the company has made substantial progress in addressing many of its prior challenges. However, we are...

By Robert Barone The lack of clarity surrounding U.S. and worldwide economic growth certainly played a big role in the recent Wall Street sell-off. In part, it was precipitated by the “debt ceiling” prank that was played upon the country and the world, especially after the market dissected the...

American International Group, Inc. (NYSE: AIG) announced today that Brian T. Schreiber, Executive Vice President, Treasury and Capital Markets, has been named to the additional role of AIG Treasurer. Mr. Schreiber is succeeding Robert A. Gender, AIG's Treasurer since 2005. “Brian's leadership, in...

NeoStem, Inc. (NYSE: NBS) today reported on important progress toward the commencement of a Phase II clinical trial for AMR-001, the lead product candidate of Amorcyte, Inc. for the treatment of acute myocardial infarction. This comes after recent positive developments with respect to moving...

Below are the top small-cap property & casualty insurance stocks on the NYSE in terms of cash. American International Group Inc (NYSE: AIG) had $68.14 billion in total cash and $83.37 billion in total debt for the latest quarter. Berkshire Hathaway Inc (NYSE: BRK-A) had $47.89 billion in...

So you may not like investing like your grandfather, eschewing stodgy old mega-cap names for faster moving growth stocks and that's fine. There's a time and a place for every investment strategy, but these days, investors with longer time horizons should be looking for comfort and shelter with...

So you may not like investing like your grandfather, eschewing stodgy old mega-cap names for faster moving growth stocks and that's fine. There's a time and a place for every investment strategy, but these days, investors with longer time horizons should be looking for comfort and shelter with...