real-time news and commentary for investors
Thursday, Aug 25
2011, 11:32 AM
As Hurricane Irene barrels toward the east coast and NYC Mayor Bloomberg considers...
As Hurricane Irene barrels toward the east coast and NYC Mayor Bloomberg considers evacuations, shares of some commercial and homeowner insurers look vulnerable to a temporary drop - and a possible buying opportunity - Sandler O'Neill analysts say. Today, insurance stocks (KIE -1.6%) are sinking: CB -4%, TRV -2.6%, AFL -2.3%, XL -1.3%, AIG -0.7%.