Multi-line Insurance

The White House sharply cut the cost of TARP, saying the controversial bailout of banks will now only cost $50 billion, as AIG (NYSE: AIG) and Citigroup (NYSE: C) are in the process of completely severing ties with the government and returning back entirely to the private markets. Treasury...

American Financial Group, Inc. (NYSE: AFG) (NASDAQ: AFG) announced that it has declared a quarterly dividend of $0.1625 per share of American Financial Group Common Stock. The dividend is payable on October 25, 2010 to holders of record on October 15, 2010. As previously announced, the Board of...

Will the government every regain its $182 billion dollar investment in AIG (AIG)? AIG announced its plans today to repay the government. AIG has been slowly selling off its most valuable assets in order to raise funds. The government recently received 1.66 billion shares of AIG common stock in...

As per reports, the Chicago PMI jumped to 60.4% in September, up from 56.7% in August. However, the economists were expecting a decline to 55.0%. The national ISM manufacturing gauge is scheduled to release tomorrow. Shares of American International Group Inc (NYSE: AIG) gained about 6% after the...

Shares of AIG (NYSE: AIG) are spiking in pre-market trading, after the company announced an exit plan to rid itself of government assistance and return to the private markets. The plan is for the Treasury Department to convert about $49 billion in AIG preferred shares into common stock. According...

American International Group Inc. (NYSE: AIG) announced today that it has entered into an agreement-in-principle with the U.S. Department of the Treasury, the Federal Reserve Bank of New York, and the AIG Credit Facility Trust designed to repay all its obligations to American taxpayers and position...

US stock futures moved down slightly, after disappointing news from Ireland and Spain. The jobs data of Germany offset some of the decline in Europe. Futures on the Dow Jones Industrial Average fell 4 points to 10,776. S&P 500 futures dropped 2.10 points to 1,139 and Nasdaq 100 futures lost 1....

Shares of Thor Industries (NYSE: THO) shares surged after the company reported upbeat Q4 earnings. The company reported that its acquisition of Heartland RV, along with a strong cash position without any outstanding debt, "will help fuel additional growth...in 2011 and beyond." THO shares are up...

As it continues to pay down its debt to the U.S. government, AIG (NYSE: AIG) continues to sell pieces of its company to other insurers. AIG is in talks to sell its Japanese units to Prudential (NYSE: PRU) for $4.8 billion in cash, according to Bloomberg. The subsidiaries that are being discussed...

The media is full of stories about American International Group's (NYSE: AIG) plan to bring the Treasury's ownership in the company below 50%. The trustees of the firm and several federal agencies would need to vote in favor of the program. No matter what those votes are, the success of any change...

Analysts at BGB Securities initiate coverage of HCC Insurance Holdings Inc (NYSE: HCC) with a "buy" rating. The target price for HCC is set to $35. HCC shares lost 0.04% to close at $25.98 yesterday. More Analyst Ratings here