Property & Casualty Insurance

Through an acquisition of its holding company, Data and Staff Service Co., RLI Corp. (RLI) will acquire Contractors Bonding Insurance Company. RLI Corp. will pay a cash consideration of $137 million. The acquisition is expected to close in the first quarter of 2011 subject to regulatory approval...

• Boeing (NYSE:BA) is planning to restart test flights of its problem-prone Dreamliner on Thursday, and  revealing the extent of its seventh delivery schedule delay in January • According to this week's issue of Barron's, Cisco (NASDAQ:CSCO) is currently trading at an "unmerited discount." The...

• Boeing (NYSE:BA) is planning to restart test flights of its problem-prone Dreamliner on Thursday, and  revealing the extent of its seventh delivery schedule delay in January • According to this week's issue of Barron's, Cisco (NASDAQ:CSCO) is currently trading at an "unmerited discount." The...

It's 90 minutes into trading and there are a few stocks in the Dow Jones Index that are starting to shape the last trading day before Christmas. The 5 best % performers in the index are Alcoa (NYSE: AA), Merck (NYSE: MRK), Verizon (NYSE: VZ), Hewlett-Packard (NYSE: HPQ) and Chevron (NYSE: CVX). On...

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....

Since inception in 1988, the S&P 500 has outperformed the Zacks #5 Rank List - Stocks to Sell Now by 80% annually (+2% versus +10%). While the rest of Wall Street continued to tout stocks during the market declines of the last few years, Zacks told investors which stocks to sell or avoid....

Shares of MBIA Inc. (NYSE: MBI) are lower on the session by 0.70%, currently trading at $9.92. The stock has been moving largely higher over the past six months and is currently consolidating between the 50-day and 200-day moving averages. Options traders are buying puts on the name today. A short...

Threshold Pharmaceuticals, Inc. (Nasdaq: THLD), today announced a preclinical collaboration with the MD Anderson Cancer Center and early Phase 1 clinical trial results of TH-302 in patients with advanced leukemias, which is also taking place at MD Anderson. TH-302 is a proprietary Hypoxia-Activated...

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of American International Group Inc. (AIG) and its US property-casualty and life-health subsidiaries namely, Chartis US Insurance Group, AIU Insurance Co., American General Property Insurance Co. and SunAmerica Financial Group. The...

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of American International Group Inc. (AIG) and its US property-casualty and life-health subsidiaries namely, Chartis US Insurance Group, AIU Insurance Co., American General Property Insurance Co. and SunAmerica Financial Group. The...

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of American International Group Inc. (AIG) and its US property-casualty and life-health subsidiaries namely, Chartis US Insurance Group, AIU Insurance Co., American General Property Insurance Co. and SunAmerica Financial Group. The...

Yesterday, A.M. Best Co. affirmed the credit and debt ratings of American International Group Inc. (AIG) and its US property-casualty and life-health subsidiaries namely, Chartis US Insurance Group, AIU Insurance Co., American General Property Insurance Co. and SunAmerica Financial Group. The...

American States Water Company (NYSE: AWR) was downgraded by Janney Capital from "buy" to "neutral." AWR's shares closed at $35.43 yesterday. AWR's PEG ratio is 2.35. Macquarie downgraded The Navigators Group Inc (NASDAQ: NAVG) from "outperform" to "neutral." NAVG's stock closed at $51.10 yesterday...

Analysts at Macquarie downgrade The Navigators Group Inc (NASDAQ: NAVG) from “outperform” to “neutral.” The target price for NAVG is set to $55. NAVG shares lost 0.04% to close at $51.10 yesterday. More Analyst Ratings here

Progressive Corp.'s (PGR) earnings per share for November 2010 were 17 cents, up 42% from 12 cents in November 2009. Results of the reported month also increased 42% over October 2010. Net income for the month improved 37% to $109.9 million from $80.0 million in the year-ago period. On a...