Multi-line Insurance

Hartford Financial Services Group Inc. (HIG) reported its fourth-quarter adjusted core earnings of $451.0 million or 91 cents per share, lagging the Zacks Consensus Estimate of 96 cents. Additionally, Hartford was way behind the adjusted core earnings of $527 million or $1.12 per share reported...

JP Morgan has raised the price target on Hartford Financial Services (NYSE: HIG) from $29 to $31 and maintains its Overweight rating.

Bank of America (NYSE: BAC), the largest U.S. bank by assets, is reportedly close to selling its Balboa Insurance business to Australia's QBE Insurance Group, Bloomberg News reported, citing two people with knowledge of the deal. A deal could be announced as soon as this week. Balboa was obtained...

Assurant, Inc. (NYSE: AIZ) today reported results for the fourth quarter and twelve months ended Dec. 31, 2010. Net operating income for the fourth quarter 2010 increased 14 percent to $115.8 million, or $1.08 per diluted share, compared to fourth quarter 2009 net operating income of $101.6...

The Hartford Financial Services Group, Inc. (NYSE: HIG) today reported fourth quarter 2010 net income of $619 million, or $1.24 per diluted share. In the fourth quarter of 2009, the company reported net income of $557 million, or $1.19 per diluted share. Core earnings for the fourth quarter of 2010...

Genworth Financial Incorporation (GNW) reported fourth-quarter 2010 operating loss of 28 cents, lagging the Zacks Consensus earnings estimate of 16 cents. Results were considerably lower than operating profit of 19 cents reported in fourth-quarter 2009. Operating loss was $135 million compared...

Genworth Financial Incorporation (GNW) reported fourth-quarter 2010 operating loss of 28 cents, lagging the Zacks Consensus earnings estimate of 16 cents. Results were considerably lower than operating profit of 19 cents reported in fourth-quarter 2009. Operating loss was $135 million compared...

Cusick'sCorner Well, the weather in Chicago did turn into a snownami and the market is moving like a car on Lakeshore Drive here in Chicago -- nowhere! The S&P 500 trading range over the last 5 sessions has been 1265-1306, but this latest rally has just stuck to the highs, 1300 on the S&...

Shares of Richmond, Virginia-based Genworth Financial Inc (NYSE: GNW) are trading down 9.3% at $19.04 per share during the Wednesday afternoon trading session. The day's trading range for shares of Genworth Financial Inc has been between $18.85 and $21.08 per share. Analysts covering the company's...

After the successful completion on the recapitalization front last month, yesterday American International Group Inc. (AIG) announced the sale of its Japan-based AIG Star Life Insurance Co. (Star) and AIG Edison Life Insurance Co. (Edison) to Prudential Financial Inc. (PRU) for the agreed price...

Citigroup has published a research report on Genworth Financial Inc. (NYSE: GNW) after the company reported 4Q earnings results that fell short of analyst estimates. In the report, Citigroup writes "4Q10 operating loss of ($0.28) was well below our $0.17E which was consistent with First Call...

After the successful completion on the recapitalization front last month, yesterday American International Group Inc. (AIG) announced the sale of its Japan-based AIG Star Life Insurance Co. (Star) and AIG Edison Life Insurance Co. (Edison) to Prudential Financial Inc. (PRU) for the agreed price...

Richmond, Virginia-based Genworth Financial Inc (NYSE: GNW) on Wednesday morning released financial results that missed Wall Street earnings expectations. Genworth Financial Inc reported that its 4th quarter net loss of $161 million, or 33 cents per share, compared with net income of $40 million,...

David Faber has announced that Bruce Berkowitz will be on CNBC tomorrow to discuss various topics. His holdings include St. Joe (NYSE: JOE), American International Group (NYSE: AIG) and CIT Group (NYSE: CIT) among others. Berkowitz is set to speak at the Harbor Investment Conference this week,...