Property & Casualty Insurance

Deutsche Bank continued to recommend selling shares of Travelers (NYSE: TRV) in a research report published today. Deutsche Bank has previously set Travelers' price target at $49. In the report, Deutsche Bank states, "While management has ceased to give EPS guidance, it indicates that it expects...

Piper Jaffray is out with its report today on Assured Guaranty (NYSE: AGO), decreasing PT from $35 to $30. In its note to clients, Piper Jaffray writes, "S&P released for comment proposed changes to rating guidelines for bond insurers. Despite the uncertainty, we continue to recommend investors...

In a report released this morning, Wunderlich Securities said that it expects significant EPS improvement from Old Republic International Corp. (NYSE: ORI) over a year ago. “We estimate 4Q10 EPS of $0.13 compared to ($0.17) a year ago. 2010 EPS is anticipated to be $0.10 compared to ($0.67) in 2009...

Deutsche Bank has lowered the price target on The Travelers Companies (NYSE: TRV) from $52 to $49 and maintains its Sell rating.

Buy-rated AmTrust Financial Services, Inc. (NASDAQ: AFSI) is expected to report 4Q10 and year-end operating results on February 15, 2011, before the market opens, Wunderlich Securities reports. “We are revising our 4Q and 2010 estimates to reflect a slower expense savings on the consolidation of...

Piper Jaffray has lowered the price target on Assured Guaranty (NYSE: AGO) from $35 to $30 and maintains its Overweight rating.

The Allstate Corporation (NYSE: ALL) today announced that Anurag Chandra, 33, will join Allstate Financial as chief operating officer, effective Jan. 31. Chandra will report to Matthew Winter, president and chief executive officer, Allstate Financial.

• Corning Inc. (NYSE:GLW) reported EPS of $0.46, ex-items, matching the Zacks Consensus Estimate. Revenues for the quarter rose 15% year-over-year to $1.77 billion, ahead of the Zacks Consensus Estimate of $1.626 billion • Travelers (NYSE:TRV) reported Q4 EPS of $1.89, ahead of Zacks Consensus...

• Corning Inc. (NYSE:GLW) reported EPS of $0.46, ex-items, matching the Zacks Consensus Estimate. Revenues for the quarter rose 15% year-over-year to $1.77 billion, ahead of the Zacks Consensus Estimate of $1.626 billion • Travelers (NYSE:TRV) reported Q4 EPS of $1.89, ahead of Zacks Consensus...

RLI Corp. (RLI) reported fourth-quarter 2010 operating earnings of $1.66 per share, beating the Zacks Consensus Estimate of 99 cents by 67 cents. Operating earnings were 49 cents ahead of $1.17 the year-ago period. Operating earnings for the quarter were $35.1 million versus $25.3 million in...

RLI Corp. (RLI) reported fourth-quarter 2010 operating earnings of $1.66 per share, beating the Zacks Consensus Estimate of 99 cents by 67 cents. Operating earnings were 49 cents ahead of $1.17 the year-ago period. Operating earnings for the quarter were $35.1 million versus $25.3 million in...

The Travelers Companies, Inc. (NYSE: TRV) released financial results on Tuesday morning. The Travelers Companies, Inc announced that its 4th quarter net income fell to $894 million, or $1.95 per share, down from $1.29 billion, or $2.36, a year earlier. The Travelers Companies, Inc reported revenue...

The regional - mid-atlantic banks traded 2.04% lower today, as TIB Financial Corporation (NASDAQ: TIBB) dropped 9.50%. Seacoast Banking Corporation of Florida (NASDAQ: SBCF) fell 2.92%, and closed at $1.66. The movie production and theaters industry lost 1.84% on Monday. In the space, RealD (NYSE:...