Multi-line Insurance

American International Group Inc. (AIG) reported second-quarter operating earnings of $1.34 billion or $1.99 per share, significantly ahead of the Zacks Consensus Estimate of 99 cents and operating income of $1.14 billion or $1.71 per share in the year-ago period. On a GAAP basis, AIG reported a...

Some of the stocks that may grab investor focus today are: Wall Street expects Pepco Holdings Inc (NYSE: POM) to post its Q2 profit at $0.23 per share. POM’s shares fell 0.02% to $17.23 in after-hours trading. Analysts are expecting American International Group Inc (NYSE: AIG) to have earned $0.98...

Hartford Financial Services Group Inc. (HIG) reported its second-quarter adjusted earnings of $460.0 million or 92 cents per share, surpassing the Zacks Consensus Estimate of 73 cents. The improved showing in Hartford was attributable to higher profits despite market volatility and higher-than-...

Analysts at JP Morgan reiterate their "overweight" rating on Hartford Financial Services (NYSE: HIG), while reducing their estimates for the company. The target price for HIG is set to $29. JP Morgan mentions, “HIG announced 2Q10 core EPS of $0.17. Adjusted for unusual items, we estimate that the...

Shares of Hartford Financial Services (NYSE: HIG) are moving down after the company posted Q2 results short of the Street view. HIG’s shares fell 4.45% to $22.78 at 9:48 am. The company has also lowered its earnings projections for 2010. Hartford Financial Services’ shares have gained 10.17% over...

Cusick’s Corner There’s not much more to say about today’s action that hasn’t already been said this week – it’s a GRIND! Pay attention to the Claims data due out before the open at 8:30am ET. It’s worth taking a look at the key support and resistance levels going into the numbers tomorrow and...

Hartford Financial Services Group Inc. (NYSE: HIG) reports Q2 earnings of $0.92 versus estimates of $0.71. Revenues increased 3% year over year. The company also reported a book value per common share of $41.29, up 6% sequentially. The Hartford currently expects 2010 core earnings per diluted...

Cusick’s Corner We were reminded today that this market is still sensitive to headline risk – there was a report that the Chinese government ordered its banks to stress test a 60% loss in property value, the market immediately pulled back. This was a short lived pullback that is resulting in...

Most mutual funds don't time the market. Then again, most mutual funds aren't Fairholme Fund, run by Bruce Berkowitz writes the Wall Street Journal. A typical mutual fund has many holdings, not much of its assets in cash and doesn't time the market. Berkowitz listens to none of these rules and...

After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to a great extent in 2010. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis...

After enduring stress with respect to pricing pressure and reduced insured exposure through mid-2009, the overall health of the U.S. insurance industry has improved to a great extent in 2010. Though the market turmoil forced many companies to take immense write-downs, the worst of the crisis...

For Immediate Release Chicago, IL – August 04, 2010 – Today, Zacks Equity Research discusses the Insurance industry, including American International Group (AIG), Universal American Corp. (UAM), Unitrin Inc. (UTR), AFLAC Inc. (AFL) and Employers Holdings Inc. (EIG ). A synopsis of today’s Industry...

Boards of directors around the U.S. should be prepared to weigh in on a heated debate over whether or not their companies should continue in the American tradition of consolidating the CEO and chairman duties into one person, or shift to the more European-style separation of powers. There are pros...

Cusick’s Corner The market did close the day in the red, another grinding session after an initial pop in the morning. The Japanese Yen currency has been on a tear and some market insiders who often confer with me, gave me some additional insight -- this move in the Yen is not a bullish signal for...