Multi-line Insurance

Last week Goldman Sachs hosted meetings with management of Assurant (NYSE: AIZ), including CEO Rob Pollock and Solutions CEO Craig Lemasters. Highlights include the following. “(1) Management is leading with its wireless business for growth,” Goldman Sachs writes. “(2) Expense efficiencies are...

American International Group, Inc. (NYSE:AIG) is a stock that I have written about in the past. Back then, news had come through about the company buying a series bonds, back from the Federal Reserve. Since then, the stock has continued to slide and new 52 week lows of $27.10 were made on...

Financial stocks, which have been beaten down as of late, are surging in the afternoon trading session, shrugging off earlier losses. The best performing financial stocks in the market right now are: 1) Bank of America (NYSE: BAC): Shares of Bank of America are currently trading up 2.5% from...

The Federal Reserve has just announced that it sold more assets from its Maiden Lane II portfolio with a face value of $1.9 billion. Maiden Lane II was implemented as part of the AIG (NYSE: AIG) bailout, in which the U.S. government gave AIG some $180 billion to prevent it from filing bankruptcy...

The Financial Sector has been the weakest performing area of the market in today's trading session, currently 1.5% lower on the day. The worst performing stocks in the S&P Financial Sector currently are: 1) Genworth Financial (NYSE: GNW): Shares of Genworth are currently trading down 3.9%...

Bank of America Merrill Lynch is out with its report today on AIG (NYSE: AIG), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "We are initiating coverage of AIG with a Buy rating. We believe that with the shares trading at under 60% of our estimated year-ahead book...

KBW is maintaining its Market Perform rating and $17.50 price target on shares of Horace Mann Educators (NYSE: HMN) after it reported earnings. In a note to clients, KBW writes, "HMN announced losses from April and May catastrophes of $45-50 mm pre-tax ($0.70-0.78/sh) or 3.2-3.6% of 1Q11 equity....

Bank of America has initiated coverage on American International Group (NYSE: AIG) with a Buy rating and $37 price objective.

Horace Mann Educators Corporation (NYSE: HMN) estimates its financial impact from catastrophe activity during the months of April and May 2011 will total $45 million to $50 million pretax. This range includes the estimated incurred losses and loss adjustment expenses from five, multi-day...

The Financial Sector is one of the strongest areas of the S&P 500 in today's session, currently trading up 1.3% from yesterday's close. Today's best performing stocks in that sector are: 1) Moody's (NYSE: MCO): Shares of Moody's are currently trading up 3.5% from yesterday's close to $40.80....

Deutsche Bank is initiating coverage on American International Group (NYSE: AIG) with a Buy rating and a price target of $34. According to Deutsche Bank, “AIG is the industry leader in P&C insurance markets, aircraft leasing and is a formidable competitor in the U.S. life and retirement market...

Deutsche Bank has initiated coverage on American International Group (NYSE: AIG) with a Buy rating and $34 price target.

Goldman Sachs initiated its coverage of AIG (NYSE: AIG) with Neutral. At the same time, Goldman placed the price target on the company's stock at $31. In a research report published today, Goldman stressed that near-term risks will offset any opportunities for the company's share price to rise. In...

Goldman Sachs has initiated coverage on American International Group (NYSE: AIG) with a neutral rating and $31 price target.

Deutsche Bank provided color on Hartford Financial Services (NYSE: HIG). In a research report published today, Deutsche Bank commented on Hartford's introduction of a new product. In the report, Deutsche Bank states, "On June 4, The Hartford filed a prospectus for the Hartford Portfolio...