(Bloomberg) — Insurance executives who oversee more than $13 trillion in assets expect the U.S. to enter a recession in the near future, according to an annual survey conducted by Goldman Sachs Group Inc. Of 328 chief investment officers and chief financial officers polled, more than 60% anticipate the world’s largest economy will experience a […]
Read MoreNexstar Media Group, Inc. (NXST) Nexstar Media Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community websites and digital media services in the United States. The company offers free programming to television viewing audiences. American Financial Group, Inc. (AFG) American Financial Group, […]
Read MoreW. R. Berkley Corporation (WRB) W. R. Berkley Corporation, an insurance holding company, operates as a commercial lines writer in the United States and internationally. It operates in two segments, Insurance and Reinsurance & Monoline Excess. FirstCash Holdings, Inc (FCFS) FirstCash Holdings, Inc., together with its subsidiaries, operates retail pawn stores in the United States […]
Read MoreThe pandemic sparked a shift in the world of car insurance. Despite providing customers an estimated $16.4 billion in refunds, auto insurance profits increased as fewer Americans drove and the number of auto claims dropped. But the pandemic continues to shift the industry, and now an increase in insurance costs is expected this year. Supply-chain […]
Read MoreArch Capital Group Ltd. (ACGL) Arch Capital Group Ltd., together with its subsidiaries, provides insurance, reinsurance, and mortgage insurance products worldwide. The company’s Insurance segment offers primary and excess casualty coverages; loss sensitive primary casualty insurance programs; collateral protection, debt cancellation, and service contract reimbursement products; directors’ and officers’ liability, errors W. R. Berkley Corporation […]
Read MoreMBIA Inc. (MBI) MBIA Inc. provides financial insurance services to public finance markets. It operates through United States (U.S.) Public Finance Insurance, and International and Structured Finance Insurance segments. The company issues financial guarantees for municipal bonds, including tax-exempt and taxable indebtedness of the U.S. political subdivisions and territories, as well as utilities. Assured Guaranty […]
Read MoreCallon Petroleum Company (CPE) Callon Petroleum Company, an independent oil and natural gas company, focuses on the acquisition, exploration, and development of oil and natural gas properties in Permian Basin in West Texas. LSB Industries, Inc. (LXU) LSB Industries, Inc. manufactures, markets, and sells chemical products in the United States. It provides nitrogen-based fertilizers, such […]
Read MoreArthur J. Gallagher & Co., together with its subsidiaries, provides insurance brokerage, consulting, and third party claims settlement and administration services in the United States, Australia, Bermuda, Canada, the Caribbean, New Zealand, India, and the United Kingdom. Its Brokerage segment consists of retail and wholesale insurance brokerage operations. AJG $168.8100 -0.7900 % -0.4700 Arthur J. […]
Read MoreTesla’s discount car insurance rolls into another state — should you hop in? After a limited and frustrating start, Elon Musk is finally getting his shot at revolutionizing the car insurance industry. Tesla Insurance launched in Texas this week, free from laws that have shackled its technology in California for the last two years. The […]
Read MoreThere’s a popular saying that you might have heard in a lot of different settings outside of the stock market: “If it looks like a duck, walks like a duck, and smells like a duck…then it’s a duck.” It’s interesting to me that I haven’t heard or seen the saying used when talking about stocks, […]
Read MoreOne of the sectors that has picked up a significant amount of strength from the last quarter of 2020 is the Financial sector. When you think about stocks in this sector, you probably think first of banks – especially the biggest names in consumer, commercial and investment banking. That makes a certain kind of sense, […]
Read MoreOne of the sectors that has really faded after initially pushing strongly off of its March, bear market lows is Financials. When you think about the Finance sector, you probably think first of banks – especially the biggest names in consumer, commercial and investment banking. That makes a certain kind of sense, especially in light […]
Read MoreIf this week is any indication, I think it’s a good bet to say that volatility could be the most accurate description of market activity for the next few weeks. Late in Tuesday’s trading session, all of the major indices turned sharply lower after President Trump tweeted an order to Republicans to halt all talks […]
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