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Stock Market & Financial Investment News

News Breaks
October 29, 2012
05:55 EDTAGII, AGII, AGII, KMPR, KMPR, KMPR, MAIN, MAIN, MAINProperty Casualty Insurers Association to hold annual meeting
2012 Annual Meeting of the PCIA is being held in Dana Point, California on October 28-31.
News For AGII;KMPR;MAIN From The Last 14 Days
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December 16, 2014
15:12 EDTAGIIArgo buys renewal rights of Lawyers’ Professional Liability book
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15:06 EDTAGIIArgo buys renewal rights of Lawyers’ Professional Liability book
Argo Group US, Inc., a member of Argo Group International Holdings announced it has entered into a binding agreement with OneBeacon Insurance Group to purchase the renewal rights of OneBeacon’s Lawyers’ Professional Liability, LPL, book of business, effective January 1, 2015. Upon renewal of accounts, all OneBeacon LPL policies will be renewed and serviced by Argo Pro—a member of Argo Group that specializes in professional liability products and services, including Errors & Omissions and Management Liability. In conjunction with this acquisition, Kim Noble, product leader and select members of the Lawyers’ Professional Liability Group at OneBeacon, will be joining Argo Pro. “This acquisition will expand our diverse professional lines capabilities in the U.S. marketplace and bring a broader portfolio of products to our brokers,” said Argo Group US President Kevin Rehnberg. “Kim and the LPL team members bring deep expertise and strong relationships in this market and we’re excited to have them join the Argo team.”
December 15, 2014
08:08 EDTAGIIArgo Group downgraded to Market Perform from Outperform at William Blair
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December 11, 2014
09:03 EDTKMPRKemper to acquire Alliance United Group for $70M in cash
Kemper Corporation has entered into a definitive agreement to acquire Alliance United Group and its wholly-owned subsidiaries, in a cash transaction valued at approximately $70M. The parties expect to close the transaction in the first half of 2015, subject to approvals by insurance regulators and the satisfaction of other customary closing conditions.
December 9, 2014
07:04 EDTMAINMain Street to pay supplemental semi-annual cash cash dividend of 27.5c
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