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21 MINS AGO - TheStreet

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Why Mercury General (MCY) Stock Is Higher Today

NEW YORK (TheStreet) -- Shares of Mercury General Corp. are higher by 3.87% to $49.40 in early morning trading on Monday after the insurance holding company reported a growth in net income to $94.96 million, or $1.73 per diluted share for the 2014 second quarter, compared to a net loss of -$9.26 million, or -17 cents per diluted share for the ...

Tags: Why Mercury General (MCY) Stock Is Higher Today,  Insurance Latest News

31 MINS AGO - Washington Business Journal

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Regulators fine Miami bank for deceptive and unfair advertising of rates

Federal regulators fined International Finance Bank $70,000 for violating the Federal Trade Commission Act. The Federal Deposit Insurance Corp. accused the Miami-based bank of “deceptive and unfair” practices by understating the available interest rates that it offered to borrowers for deposit secured loans. These allegedly misleading rates were promoted through the bank’s advertisements, website and brochures in branches. The bank ...

Tags: Regulators fine Miami bank for deceptive and unfair advertising of rates,  Insurance Latest News

1 HOUR AGO - Zacks Investment Research

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1 HOUR AGO - Seattle Times

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Plan to simplify 2015 health renewals may backfire

If you have health insurance on your job, you probably don't give much thought to each year's renewal. But make the same assumption in one of the new health law plans, and it could lead to costly surprises.

Tags: Plan to simplify 2015 health renewals may backfire,  Insurance Latest News

1 HOUR AGO - TheStreet

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Will Travelers (TRV) Stock Be Affected By This Analyst Downgrade?

NEW YORK (TheStreet) -- Shares of Travelers Companies  are down -0.6% to $91.55 in pre-market trading after the insurance company was downgraded to "hold" from "buy" at Sandler O'Neill + Partners. The firm changed its rating based on peak profitability and a potential turn in the insurance pricing cycle, but kept its price target of $101. Must Read: Warren Buffett's 25 Favorite ...

Tags: Will Travelers (TRV) Stock Be Affected By This Analyst Downgrade?,  Insurance Latest News