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Stock Market & Financial Investment News

News Breaks
March 12, 2013
05:48 EDTCB, TRVRising insurance costs hurting small U.S. banks, WSJ reports
Thousands of small U.S. banks are feeling a financial pinch from the government's efforts to punish executives and directors of banks that collapsed during the height of the financial crisis, reports the Wall Street Journal. Insurance premiums that cover directors and officers are rising sharply as the FDIC, seeking to replenish funds paid out to depositors of collapsed banks, accelerates its legal pursuit of officials from failed community lenders Insurance executives and banking-industry lawyers estimate premiums for small banks have risen at least 15% since the crisis. Some insurers are also boosting deductibles and writing policies that leave policyholders uncovered if regulators take future action. Reference Link
News For CB;TRV From The Last 14 Days
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February 26, 2015
12:45 EDTCBChubb board increases quarterly dividend by 14% to 57c
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February 19, 2015
10:32 EDTCBHigh option volume stocks:
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February 17, 2015
10:00 EDTCB, TRVOn The Fly: Analyst Upgrade Summary
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08:42 EDTTRVTravelers upgraded to Neutral from Sell at Citigroup
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08:41 EDTCBChubb upgraded to Neutral from Sell at Citigroup
Citigroup upgraded Chubb to Neutral and other names in the Property and Casualty Insurance space saying the loss trend environment may remain muted through 2016. Citi raised its price target for shares to $103 from $89.

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