Property & Casualty Insurance

Humana Inc (NYSE: HUM) reported a 22% rise in its first-quarter profit. Humana reported its quarterly net income at $315.2 million, or $1.86 per share, up from $258.8 million, or $1.52 per share, in the year-ago period. The company's revenue came in at $9.2 billion. However, analysts were expecting...

Mercury General Corp (NYSE: MCY) reported a 4.8% decline in its Q4 profit. However, the company reported upbeat operating earnings and revenue. Mercury General posted its Q4 profit at $58.2 million, or $1.06 per share, compared with $61.2 million, or $1.12 per share, in the year-ago period. The...

CNA Financial Corp (NYSE: CNA) reported a 3% decline in its Q1 operating profit. The company reported its Q1 net operating income at $216 million, or $0.80 per share, down from $223 million, or $0.83 per share, in the year-earlier period. However, analysts were expecting earnings of $0.72 per...

Mercury General (NYSE: MCY) Reports EPS of $0.72 vs. $0.56 Estimate; Revenues $658.2M vs. $670.42M Estimate

KBW is out with its report today on Markel (NYSE: MKL), maintaining Underperform. In a note to clients, KBW writes, "Markel provided partial earnings results for 1Q11 along with its conference call announcement on Friday evening. Based on the data provided it looks like the company could report an...

CNA Financial (NYSE: CNA) Reports EPS of $0.80 vs. $0.72 Estimate

Wudnderlich Securities provided color on Aspen Insurance Holdings (NYSE: AHL) in a research report published today. Following bad Q1 results, when Aspen Insurance reported a loss of $2.40 per share, against consensus estimate of a $2.27 loss and Wunderlich's $2.05, Wunderlich decided to cut its...

Wunderlich Securities reiterates its Buy rating on shares of Meadowbrook Insurance Group, Inc. (NYSE: MIG) Monday, noting that it "believe[s] the valuation is supported by the company's superior ROE of 10.7%, double-digit premium growth, and conservative balance sheet." Meadowbrook Insurance Group...

Wunderlich Securities downgraded its earnings per share estimates on Axis Capital Holdings (NYSE: AXS) in a research report published today, following bad Q1 results. Axis Capital reported a Q1 loss of $414 million or $3.65 per share, compared to last year's profit of $96 million or $0.67. As a...

Ford (NYSE:F)- Ford revenue increased 17% from last year to $33.1 billion and reduced its debt by $2.5 billion. The result showed an increase of $466 million over the first quarter of 2010, and is the best first quarter earnings since 1998. Competitors-  General Motors Company (GM), Toyota Motor...

Dish Network Corp (NASDAQ: DISH) is estimated to post its Q1 earnings at $0.68 per share on revenue of $3.23 billion. Anadarko Petroleum Corporation (NYSE: APC) is projected to report its Q1 EPS at $0.58 on revenue of $3.09 billion. First Energy Corp (NYSE: FE) is expected to report its Q1 EPS...

Hearing Chatter XL Group (NYSE: XL) A Possible Takeover Target

CNA Surety (NYSE: SUR) Reports EPS of $0.46 vs. $0.57 Estimate; Revenues $111.4M vs. $104.3M Estimate

CNA Surety (NYSE: SUR) today reported net income for the first quarter of 2011 of $20.8 million, or $0.46 per diluted share, compared to $20.8 million, or $0.47 per diluted share, for the same period in 2010. Highlights included: Combined ratio of 83.1%. Operating cash flow of $20.9 million....

Wunderlich Securities has lowered its earnings per share expectations for Old Republic International (NYSE: ORI) for 2011 and 2012 in a report published today. In the report, Wunderlich states it expects earnings per share to fall from $0.45 to $0.30 this year. In 2012, Old Republic's earnings per...