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Zacks News
New Strong Sell Stocks for October 20th
by Zacks Equity Research
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today:
Validus Holdings Projects Q3 Cat Loss Estimates of $378.9M
by Zacks Equity Research
Validus Holdings' (VR) third-quarter catastrophe loss projection of $378.9 million might dent the insurer's underwriting profitability.
AIG Expects to Incur Nearly $3B Weather-Related Loss in Q3
by Zacks Equity Research
American International (AIG) will likely incur weather-related losses in its Commercial Insurance segment.
State Auto Financial (STFC) Projects Q3 Cat Loss Estimates
by Zacks Equity Research
State Auto Financial (STFC) estimates third-quarter catastrophe loss of about $32.5 million from Harvey and $23 million from Irma. This is likely to weigh on underwriting profitability.
AmTrust Financial (AFSI) Projects Q3 Cat Loss Estimates
by Zacks Equity Research
AmTrust Financial's (AFSI) third-quarter catastrophe loss estimates between $40 million and $65 million are likely to hurt the insurer's underwriting profitability.
United Insurance (UIHC) Keeps a Count of Q3 Catastrophe Loss
by Zacks Equity Research
Reinsurance programs somewhat limit United Insurance's (UIHC) pre-tax catastrophe loss. The company projects a massive probable gross loss of $300-$600 million from Hurricanes Harvey and Irma.
HCI Group (HCI) Calculates Possible Irma Catastrophe Loss
by Zacks Equity Research
HCI Group's (HCI) catastrophe loss pegged between $100 million and $300 million from Hurricane Irma will affect underwriting third-quarter results.
How Hurricanes Harvey and Irma Have Impacted the Stock Market
by Ryan McQueeney
On today's episode of the Zacks Friday Finish Line, Content Writer Ryan McQueeney and Editor Maddy Johnson take on this week's biggest stories, including the impact that Hurricane Harvey and Hurricane Irma have already had on the stock market.
HCI Group (HCI) in Focus: Stock Moves 5.8% Higher
by Zacks Equity Research
HCI Group (HCI) shares rose nearly 6% in the last trading session, amid huge volumes.
Irma Comes at the Heels of Harvey, Insurance Stocks in Focus
by Zacks Equity Research
Insurance stocks continue to be hit by catastrophes -- Hurricane Harvey followed by Hurricane Irma -- adversely impacting underwriting results.
Argo Group Rewards Shareholders with 23% Hike in Dividend
by Zacks Equity Research
In a bid to return more value to its shareholders, the board of directors of Argo Group International Holdings, Ltd. (AGII) recently approved a 22.7% hike in its quarterly dividend.
XL Group Increases Dividend Payout, Okays Share Buyback
by Zacks Equity Research
The board of directors of XL Group increased dividend by 10% and approved a $1 billion share buyback program.