Wed, Jan. 7, 9:06 AM
- Upgrading Progressive (NYSE:PGR) to Buy from Neutral, Janney expects accelerating premium growth and is a fan of the recent deal to take over home insurance provider American Strategic Insurance.
- Downgraded to Neutral from Buy are AXIS Capital (NYSE:AXS) and Horace Mann (NYSE:HMN).
- PGR +1.5% premarket
Feb. 8, 2012, 2:43 PMHorace Mann Educators (HMN +4.8%) jumps after its Q4 results beat Street estimates earlier. Net income grew, due in large part to improved property and casualty segment earnings. The company also confirmed earnings guidance at the high end of its range, beating the Street consensus view. | Feb. 8, 2012, 2:43 PM | Comment!
Horace Mann Educators is an insurance holding company. The Company markets and underwrites personal lines of property and casualty insurance, retirement annuities and life insurance in the United States of America.
Other News & PR