Property & Casualty Insurance

KBW is out with its report today on RLI (NYSE: RLI), raising its PT to $66. In a note to clients, KBW writes, "Results beat on higher reserve releases, with underlying results generally in-line. Cat losses were above forecast, the ER ran higher, and investment income was weaker, offset by higher...

Medco Health Solutions Inc (NYSE: MHS) shares advanced 18.64% to $66.18 in the pre-market session. MHS reported its quarterly net income at $342.8 million. Express Scripts Inc (NASDAQ: ESRX) announced its plans to acquire Medco for $71.36 per share in cash and stock, or $29.1 billion. Morgan...

Shares of XL Group (NYSE: XL) are higher on the session by 1.52%, trading at $21.35. Overall call volume is now running at 3.38x the daily average, with 63% of all calls traded being purchases on the offer. 5,451 contracts have traded on the session so far. XL Group plc through its subsidiaries...

KBW reiterated its Market Outperform rating on Harleysville Group (NASDAQ: HGIC). At the same time, the rating agency reduced its price target on the company's stock to $36. On Tuesday, HGIC closed the day at $31.65.

Transatlantic Holdings, Inc. (NYSE: TRH) today announced that it has filed supplemental material with the U.S. Securities and Exchange Commission regarding Transatlantic's merger agreement with Allied World Assurance Company Holdings, AG (NYSE: AWH) entered into on June 12, 2011, as well as the...

Wunderlich Securities reiterated its Hold rating on Harleysville Group (NASDAQ: HGIC). At the same time, the rating agency left its price target on the company's stock unchanged at $34. On Tuesday, HGIC added 1.87% to its value to end the day at $31.65.

Transatlantic Holdings, Inc. (NYSE: TRH) today announced that its Board of Directors, after consultation with its independent financial and legal advisors, has determined that the proposal set forth in the letter received from Validus Holdings, Ltd. (NYSE: VR) on July 12, 2011 to acquire all of...

Cusick's Corner GS reports bad numbers, the market goes up -- that is strong. Finance continues to lag the market, but one thing that traders and investors cannot ignore is that when rates do move, money will cycle into this sector. At this stage the conviction is in Tech and traders are waiting...

Here are today's mid-day options volume leaders… 1. Bank of America (NYSE: BAC) 527,458 contracts, 67.2% calls, 32.8% puts 2. Apple Inc. (NASDAQ: AAPL) 229,271 contracts, 68.2% calls, 31.8% puts 3. Microsoft Corp. (NASDAQ: MSFT) 96,035 contracts, 56.4% calls, 43.6% puts 4. International Business...

The Dow Jones Industrial Average's 30 component companies are expected to increase their annual dividend payout by 12.66% year-over-year and 2.93% from the previous quarter, according to a second-quarter 2011 survey by Dow Jones Indexes. DJIA component companies' $101.6 billion expected...

XL Group plc (NYSE: XL) announced today that its wholly owned subsidiary, XL Group Ltd., has commenced a cash tender offer for any and all of its 2,876,000 outstanding Series C Preference Ordinary Shares, liquidation preference $25.00 per share.

Now's the time to start prepping for Chubb (NYSE: CB)! Don't be caught off-guard: The company releases its next round of earnings this Thursday, July 21, 2011. Wondering what Wall Street is thinking ahead of Chubb's lastest earnings numbers? Get the latest predictions in our essential guide to...

Travelers Companies (AMEX: TRV) earnings are coming up! Don't miss out: The company unveils its next round of earnings this Thursday, July 21, 2011. Want to skip the homework and get all the facts in one place? We thought so. Here is your everything-that-matters guide for this Thursday's second...

The Allstate Corporation (NYSE: ALL) today announced that Joseph Lacher, president, Allstate Protection, is leaving the company, effective immediately.

Allied World Assurance Company Holdings, AG (NYSE: AWH) today affirmed that it remains fully committed to the terms of the merger with Transatlantic Holdings, Inc. (NYSE: TRH), which it believes provides the best value for all shareholders and the best prospects for long-term growth. Allied World...