Property & Casualty Insurance

In conjunction with the Convertible Senior Notes offering, FNF (NYSE: FNF) intends to use the net proceeds to repay outstanding principal and interest under its revolving credit facility. Any remaining net proceeds, along with concurrent borrowings under FNF's revolving credit facility, will be...

Fidelity National Financial, Inc. (NYSE: FNF), today announced its intention to offer $300 million aggregate principal amount of Convertible Senior Notes to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The Convertible Senior Notes are expected...

Wunderlich Securities reiterated its Buy rating on Old Republic International (NYSE: ORI). At the same time, the rating agency left its price target on the company's stock unchanged at $16. On Tuesday, ORI added 0.84% to its value to end the day at $10.83.

Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to...

Wunderlich Securities reiterates its Buy rating on Aspen Insurance Holdings (NYSE: AHL). At the same time, the rating agency left its price target on the company's stock unchanged at $37. On Tuesday, AHL added 1.16% to its value to finish the day at $26.97.

Shares of ACE Limited (NYSE: ACE) are trading higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are higher by 0.36%, trading at $66.11; they ended the regular session higher by 0.60%, at $65.88. ACE Limited reported Q2 EPS of $2.01 on revenues...

BGB Securities provided color on W.R. Berkley (NYSE: WRB) in a research report published today. BGB Securities has previously given W.R. Berkley a Buy rating and $39 price target. In the report, BGB Securities states, "Despite 2Q11 storms, and depending on how the Street calculates operating...

KBW is out with its report today on W.R. Berkley (NYSE: WRB), raising its PT to $33. In a note to clients, KBW writes, "Berkley's 2Q earnings beat was driven by better than expected underwriting and alternative investment results. Premium production and investment income were also slightly...

Transatlantic Holdings, Inc. (NYSE: TRH) today confirmed that Validus Holdings, Ltd. (NYSE: VR) has commenced an unsolicited exchange offer to acquire all outstanding common shares of Transatlantic. Pursuant to the Validus exchange offer, Transatlantic stockholders would receive 1.5564 Validus...

XL Group plc (NYSE: XL) announced today that its wholly-owned subsidiary, XL Company Switzerland GmbH, has entered into a Remarketing Agreement relating to the remarketing of XL Group Ltd.'s $575 million aggregate principal amount of 8.25% senior notes due August 2021 (the "8.25% Notes") comprising...

Cusick's Corner Earnings and the debt talks remain in focus. CAT earnings failed to impress which is helping to dampen this market. It's hot in DC right now but tempers could get even hotter this weekend if there's no debt deal. Some traders may lack faith in any debt deals being made anytime...

Here are today's Put/Call Ratio leaders… 1. Collective Brands Inc. (NYSE: PSS) 5,739 puts, 78 calls 2. Lennar Corp. (NYSE: LEN) 13,820 puts, 1,136 calls 3. iStar Financial (NYSE: SFI) 2,670 puts, 226 calls 4. Eagle Bulk Shipping (NASDAQ: EGLE) 2,887 puts, 326 calls 5. Assured Guaranty Municipal...

KBW is out with its report today on Chubb (NYSE: CB), raising its PT to $75. In a note to clients, KBW writes, "We are raising EPS estimates and price target. We expect strength in the shares and continue to recommend purchase with an Outperform." At the time of posting, shares of CB were trading...

JP Morgan reiterated its Neutral rating on Travelers (NYSE: TRV). At the same time, the rating agency left its price target on the company's stock unchanged at $57. On Thursday, TRV added 1.1% to its value to finish the day at $57.69.

Shares of The Chubb Corporation (NYSE: CB) are bid higher in the after-hours following the release of the company's Q2 earnings results. Currently, shares are bid $63.50, at $64.00; they ended the regular session higher by 1.16%, at $62.56. The Chubb Corporation said that Q2 Adjusted EPS came in...