Multi-line Insurance

Richard Fuld, who pocketed $484 million in compensation between 2000 and 2008 when Lehman Brothers collapsed, must be a masochist or a narcissist. Why else would the former Wall Street CEO continue to insist that it was the federal government’s fault that the once venerable Wall Street firm is no...

Earlier today, Taiwanese regulators rejected American International Group Inc.’s (AIG) bid to sell its Taiwanese unit Nan Shan Life Insurance Co. to a Hong-Kong based consortium, according to Reuters. The $2.15 billion bid by the consortium, which comprises Primus Financial Holdings Ltd., a Chinese...

For Immediate Release Chicago, IL – August 31, 2010 – Zacks.com Analyst Blog features: Barclays (BCS), American International Group (AIG), Morgan Stanley (MS), Bank of America (BAC ) and Citigroup (C). Here are highlights from Monday’s Analyst Blog: Another Recession Ahead? Are we heading into...

Fresh of his manager of the decade knighting by Morningstar, Bruce Berkowitz has started to catch the attention of the masses.  We've been fans for a while despite diametric opposite approaches.  [Feb 3, 2009: Fairholme Funds 2008 Report] Always one to invest different than the herd, Berkowitz's...

The initial public offering market is beginning to warm from recession lows, and with big name deals such as General Motors and Toys "R" Us looming on the horizon large IPOs appear to be gaining momentum. According to analytical firm Dealogic, 2010 year to date has brought $138.74 billion in priced...

Eastern Insurance Holdings, Inc. (NASDAQ: EIHI) announced today that its board of directors has authorized a $0.07 per share quarterly cash dividend on its issued and outstanding shares of common stock, payable September 30, 2010 to shareholders of record at the close of business on September 16,...

For Immediate Release Chicago, IL – August 26, 2010 – Zacks.com Analyst Blog features: American International Group (AIG), Morgan Stanley (MS), Bank of America (BAC), JPMorgan Chase & Co. (JPM) and Wells Fargo (WFC ). Here are highlights from Wednesday’s Analyst Blog: Could Investors Shake...

Assurant, Inc. (NYSE: AIZ) announces that Brian D. Koppy, 41, is joining the company as vice president, investor relations, effective today. Prior to joining Barnes Group Inc., Mr. Koppy held a variety of senior leadership roles within finance, strategy and planning, and investor relations at Aetna...

American International Group Inc. (NYSE: AIG) said on Monday that it paid back nearly $4 billion in U.S. loans. The cash payment is the biggest lump sum paid by the bailed out insurer so far. According to a Reuters report, "The partial repayment of a Federal Reserve Bank of New York credit...

Although a major recovery in the asset markets has been witnessed in recent quarters, the outlook for the U.S. banking industry remains in question due to several negatives, including asset-quality troubles, the continuation of both residential and commercial real estate loan defaults and the...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Con-way Inc (CNW) Delhaize Group (DEG) Eastern Insurance Holdings Inc (EIHI) Elbit Systems Ltd (ESLT) Exterran Holdings Inc (EXH) View the entire Zacks #5 Rank List.    CON-WAY INC (CNW): Free Stock Analysis Report ...

Crude-oil futures rebounded today from a 5-week low to reach the $76-per-barrel level. The rise in futures was driven by weakness in the US dollar, along with a rise in the stocks. Crude for September delivery rose 1.1% to $76.06 per barrel on the New York Mercantile Exchange (NYMEX). Shares of PMI...