Multi-line Insurance

Cusick's Corner The market is at a point of indecision, especially with the market digesting quite a move to the upside, hitting resistance at the very point in February where there was a glut of congestion and finally the lack of volume. Also the proverbial Canary in the coal mine is chirping,...

Shares of The Hartford Financial Services Group, Inc. (NYSE: HIG) have surged off of their lows this morning on renewed takeover chatter. Allianze AG is once again the rumored suitor. Shares are currently higher by 1.50%, trading at $27.12. The stock was recently cratered on the back of the...

Hartford Financial Services (NYSE: HIG) is moving higher on renewed takeover chatter that Allianz is acquiring HIG for $35 per share

The Federal Reserve is reportedly mulling auctioning off a huge basket of subprime-mortgage bonds that have a face value of $30 billion and had been bought from bailed-out insurer American International Group (NYSE: AIG) during the height of the financial crisis. According to The Wall Street...

The Federal Reserve is debating whether to have an auction of a portfolio of subprime-mortgage bonds it purchased from AIG (NYSE: AIG) during the financial crisis of 2008. It is consulting with BlackRock Inc. (NYSE: BLK) about the process.

The Federal Reserve is reportedly mulling auctioning off a huge basket of subprime-mortgage bonds that have a face value of $30 billion and had been bought from bailed-out insurer American International Group (NYSE: AIG) during the height of the financial crisis. According to The Wall Street...

AIG (NYSE: AIG) Says Japanese Earthquake Exposure Is $508M Maximum, According To CNBC.

American International Group, Inc. (NYSE: AIG) today released additional information about how potential losses stemming from earthquake-related claims filed with Fuji Fire and Marine Insurance Co., Ltd., in which AIG holds a 54.66 percent equity stake, could affect AIG's financial results. Last...

Will taxpayers come out ahead when AIG (NYSE: AIG) settles its debt? Company CEO Robert Benmosche says that yes – and by about $10 billion. In fact, Benmosche told CNBC that taxpayers could see a $15 billion profit. Benmosche also said that higher value for AIG's shares would be beneficial to...

AIG (NYSE: AIG) CEO on CNBC is saying that the Fed has not responded to its offer to buy its Mortgage-Backed Securities portfolio. Taxpayers still own 92% of AIG. Menmosche, AIG's CEO, says that the company has built up a large cash position ahead of this transaction, costing the company in...

The Federal Reserve is going to release emergency lending-data from the financial crisis after the Supreme Court denied the request from major banks to keep it secret. Barclays (NYSE: BCS) is weighing a bid on Maiden Lane II, as there has been backlash from the public if AIG (NYSE: AIG) were to...

Below are the top large-cap property & casualty insurance stocks on the NYSE and the NASDAQ in terms of revenue. The trailing-twelve-month revenue at Berkshire Hathaway Inc (NYSE: BRK-A) is $136.18 billion. Berkshire Hathaway's operating margin for the same period is 14.19%. The trailing-...

US stock futures are higher this morning, after AT&T (NYSE: T) announced its plans to buy T-Mobile USA for around $39 billion. Futures for the Dow Jones Industrial Average surged 115 points to 11,914.00, while those for the S&P 500 stock index climbed 15.60 points to 1,289.80. Futures for...

Some of the stocks that may grab investor focus today are: Wall Street expects Tiffany & Co (NYSE: TIF) to report its Q4 earnings at $1.39 per share on revenue of $1.10 billion. TIF shares gained 1.09% to close at $57.29 on Friday. Analysts are expecting Feihe International Inc (NYSE: ADY) to...

Genworth Financial, Inc. (NYSE: GNW) announces that it has named Martin P. Klein as its new senior vice president and chief financial officer. He will join the company as senior vice president on April 11, 2011 and become chief financial officer following the filing of Genworth's 10-Q quarterly...