Property & Casualty Insurance

On Monday, Allstate Corp. (ALL) filed a federal complaint against the mortgage giant, Countrywide Financial Corp., and 17 other defendants, alleging that the latter have sold $700 million of toxic investments in lieu of safe investments to Allstate in 2005, which later experienced a drastic price...

Markel Corporation (NYSE: MKL) announced today that its Markel Ventures subsidiary has acquired a majority interest in Diamond Healthcare Corporation, a privately held company headquartered in Richmond, Virginia that manages behavioral health programs throughout the United States.

State Auto Financial Corporation (NASDAQ: STFC) completed the previously announced sale of its non-standard automobile insurance subsidiary, State Auto National Insurance Company, to Hallmark Insurance Company of Fort Worth, Texas, effective December 31, 2010.

On Monday, Allstate Corp. (ALL) filed a federal complaint against the mortgage giant, Countrywide Financial Corp., and 17 other defendants, alleging that the latter have sold $700 million of toxic investments in lieu of safe investments to Allstate in 2005, which later experienced a drastic price...

On Monday, Allstate Corp. (ALL) filed a federal complaint against the mortgage giant, Countrywide Financial Corp., and 17 other defendants, alleging that the latter have sold $700 million of toxic investments in lieu of safe investments to Allstate in 2005, which later experienced a drastic price...

Cusick's Corner With the markets winding down and a lot of year-in-review going on, it is worth pointing out a couple of markets that we need to keep an eye on going into 2011. 1). Currencies: the Dollar and Euro continue to dominate headlines but the Yen needs to be monitored too. The Yen has...

Shares of MBIA Inc. (NYSE: MBI) are trading up 13.4% at $11.75 per share during the Thursday afternoon trading session. The day's trading range for shares of MBIA Inc has been between $10.38 and $11.91 per share. Analysts covering MBIA Inc. (MBI) stock give it a consensus price target of $12.00 per...

MBIA (NYSE: MBI) is trading higher today. At last check, MBI was trading at $11.49, up 10.91% from yesterday's close

Groupon Inc., which operates the local-coupon website bearing its name, is preparing for an initial public offering (IPO) of stock as early as the end of next year, the New York Times Dealbook blog reported Thursday. The Chicago-based company is negotiating financing commitments from Fidelity...

Shares of MBIA Inc. (NYSE: MBI) are higher on the session by 7.14%, trading at $11.10. Overall call volume is now running at 2.32x the daily average, with 37% of all calls traded being purchases on the offer. 16,681 contracts have traded on the session so far. MBIA Inc. provides financial...

Kingsway Financial Services Inc.(NYSE: KFS) and JJR VI Acquisition Corp. announced today that the Illinois Department of Insurance granted Form A approval for the transaction by which American Country Insurance Company and American Service Insurance Company, Inc. will become subsidiaries of J6....

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Cincinnati Financial Corp (CINF) CPI Corp (CPY) KEMET Corp (KEM) Sanderson Farms Inc (SAFM) Strattec Security Corp (STRT) View the entire Zacks #5 Rank List. CINCINNATI FINL (CINF): Free Stock Analysis Report CPI CORP (CPY...

Here are 5 stocks added to the Zacks #5 Rank ("strong sell") List today: Cincinnati Financial Corp (CINF) CPI Corp (CPY) KEMET Corp (KEM) Sanderson Farms Inc (SAFM) Strattec Security Corp (STRT) View the entire Zacks #5 Rank List. CINCINNATI FINL (CINF): Free Stock Analysis Report CPI CORP (CPY...

Below are the top surety & title insurance stocks on the NYSE in terms of PEG ratio. Assured Guaranty Ltd (NYSE: AGO) has a PEG ratio of 0.52. AGO's trailing-twelve-month revenue is $1.95 billion. Fidelity National Financial Inc (NYSE: FNF) has a PEG ratio of 1.13. FNF's trailing-twelve-month...

ACE Limited (ACE) completed the acquisition of Rain and Hail Insurance Service, Inc. for approximately $1.1 billion in cash. During the third quarter, ACE Limited inked the deal to acquire 80% of the outstanding Rain and Hail Insurance Service, Inc. for a cash consideration of $1.1 billion. ACE...