insurance stocks

Homeowner’s insurance company Kin Insurance announced a SPAC merger Monday to accelerate the company’s growth into new states and expand its direct-to-consumer platform. The SPAC Deal: Kin Insurance announced a SPAC merger with Omnichannel Acquisition Cop (NYSE: OCA) valuing the company...

One of the largest SPAC deals of all time was announced Monday morning with MSP Recovery announcing a merger. The SPAC Deal: MSP Recovery announced a SPAC merger with Lionheart Acquisition Corp II (NASDAQ: LCAP) valuing the company at a pro forma enterprise value of $32.6 billion. There was not a...

Legendary investor Warren Buffett has posted an impressive 21% year-to-date return for his flagship Berkshire Hathaway Inc (NYSE: BRKA) (NYSE: BRKB) in the first half of 2021. Here's a look at five stocks owned by Buffett and Berkshire Hathaway that could see strong gains in the second...

An important indicator for investors to consider could be a stock's 52-week trading range, which shows the lowest and highest price at which a particular stock has traded over the last 52 weeks. Here is a look at three stocks at 52-week lows that could bounce. American Well:...

Only two traditional IPO listings are expected to price during the week of March 1. Here is a look at what investors should expect from the IPO offerings. Oscar Health: Health insurance company Oscar Health (NYSE: OSCR) will be the biggest IPO of the week. The health insurance technology...

The IPOs of several insurance companies, such as Lemonade Inc (NYSE: LMND), in 2020 may lead to additional companies in the sector hitting the public market in 2021. Companies could explore a traditional IPO or a SPAC deal to bring their insurance companies public. Oscar Health: Health...

The insurance market covers several areas like auto, home and property. Insurance stocks can be good for value and income investors as they typically come with dividends. Insurance stocks offer large addressable markets and come with a built in subscription model that brings in revenue from...

American International Group Inc (NYSE: AIG) shares traded higher in the after-hours session Monday after the company announced new leadership and the decision to spinoff its life and retirement business. New Leadership: The AIG Board of Directors named Peter S. Zaffino as CEO, who currently...

Dennis Haysbert famously asks TV viewers if they are in "good hands" with their insurance plans. But ask analysts at Deutsche Bank if a position in Allstate Corp (NYSE: ALL) would be in "good hands" in a portfolio and the answer is not necessarily. Joshua Shanker downgraded...

Analysts at FBR & Co. upgraded shares of Metlife Inc (NYSE: MET) as the stock's underperformance versus its peers since the start of 2017 has now created a compelling buying opportunity. FBR's Randy Binner upgraded MetLife's stock from Market Perform to Outperform with a price target boosted...

Analysts at BMO Capital Markets made several changes to their price targets and ratings of insurance companies. Chubb Downgraded To Market Perform Charles Sebaski of BMO Capital Markets downgraded shares of Chubb Ltd (NYSE: CB) to Market Perform from Outperform with a price target raised to $136...

So much for the suspense on a possible interest rate boost this week by the Federal Reserve. Last Friday, the Fed acknowledged that it inadvertently published a confidential staff forecast that was prepared for a key meeting of its policy-setting committee in June. The documents included...