Property & Casualty Insurance

Harleysville (NASDAQ: HGIC) Reports EPS of $0.29 vs. $0.28 Estimate; Revenues $245.5M vs. $214.51M Estimate

Homeowners Choice (Nasdaq: HCII), a Florida-based insurance holding company, today announced that its board of directors has declared cash dividends on both its common and preferred shares. On the common shares, the board of directors declared a regular quarterly cash dividend in the amount of 10...

The Allstate Corporation (NYSE: ALL) is expected to announce its Q1 earnings report on Wednesday, April 27, after the markets close. Analysts are predicting earnings per share to stand at $0.69, virtually unchanged from a year ago. Within the last seven days, however, analysts reduced their Q1...

EMC Insurance Group (NASDAQ: EMCI) Resumes Trading

EMC Insurance Group Inc. (NASDAQ: EMCI) today announced that first quarter 2011 operating results will be negatively impacted by a high level of catastrophe and storm losses and a significant decline in the amount of favorable development experienced on prior years' reserves. Based on current...

EMC Group (NASDAQ: EMCI) Trading Halted, Pending News

According to Piper Jaffray, W.R. Berkley (NYSE: WRB) reported 1Q11 operating EPS of $0.66 compared to PJC's $0.69 estimate and consensus of $0.65. Piper Jaffray said that in the quarter, management chose to reverse its previous position on investment fund exclusion to now include investment fund...

Homeowners Choice, Inc. (Nasdaq: HCII) today announced that Francis X. McCahill III has resigned from his position of president and chief executive officer and director of the company and its subsidiaries, with an effective date of June 30, 2011.

W.R. Berkley (NYSE: WRB) Reports Q1 EPS $0.79 vs. $0.65 Est.; Revenues $112.1M vs. $110.5M Est.

W.R. Berkley Corporation (NYSE: WRB) Reports EPS of $0.66 vs. $0.65 Estimate; Revenues $1.23B vs. $1.17B Estimate

Shares of Johnson Controls Inc (NYSE: JCI) fell about 1.6% after the company reported better-than-expected Q2 profit. JCI's Q2 profit came in at $354 million, or $0.51 per share, up from $274 million, or $0.40 per share, in the year-earlier period. The company's adjusted earnings increased to $0.56...

KBW is raising its PT on shares of Chubb Corporation (NYSE: CB) to $71. Chubb Corporation closed Thursday at $61.56.

Cincinnati Financial (NASDAQ: CINF) Announces CEO Kenneth Stecher To Be Chairman

Kingsway Financial Services Inc. (NYSE: KFS) today announced that William A. Hickey, Jr., currently the Company's Chief Operating Officer, will take on the additional responsibility of Chief Financial Officer. Hickey replaces Daniel Brazier, a contract employee who held the post while the Company...

Citi, which raised its PT on shares of The Chubb Corporation (NYSE: CB), is providing some color on the stock. “Mgmt noted rate changes in auto were up low single digitswhile homeowners were up in the mid single digits,” Citi writes. “As a result, CB has seen improvement in new business and...