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Stock Market & Financial Investment News

News Breaks
January 24, 2013
08:19 EDTRLI, HCC, AGII, TWGP, NATL, CB, AFSI, TRV, MKL, AIGWilliam Blair says good time to buy commercial insurers
William Blair believes now is a good time to buy commercial insurance stocks with the sector coming out of a cyclical trough. The firm expects earnings to rebound quicker than usual and highlights AmTrust Financial (AFSI), Argo Group (AGII), and AIG (AIG) as its top picks in the sector.
News For AFSI;AGII;AIG;CB;HCC;MKL;NATL;RLI;TRV;TWGP From The Last 14 Days
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March 2, 2015
16:25 EDTMKLMarkel files automatic mixed securities shelf
07:28 EDTRLIAssociation of Insurance & Financial Analysts to hold conference
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February 27, 2015
13:23 EDTAIGAIG announces death of Robert H. Benmosche
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February 26, 2015
12:45 EDTCBChubb board increases quarterly dividend by 14% to 57c
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February 24, 2015
16:59 EDTNATLNational Interstate raises quarterly dividend to 13c from 12c
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16:58 EDTNATLNational Interstate reports Q4 EPS 25c, consensus 34c
Reports Q4 revenue $154.9M. The company said, "We had another challenging year in 2014 primarily due to continued high severity in the commercial auto liability coverages. Although we will never make excuses or be satisfied with combined ratios near or worse than breakeven, we note that our commercial auto liability results are consistent with industry trends. We continue to believe our current risk selection and pricing have improved as evidenced by approximately $105 million of business we non-renewed in the past 24 months, the continuous rate increases since 2012, and with many of our specialty niche insurance products performing well on an accident year basis."

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