Breakfast Technical Briefing on Insurance Stocks -- American Intl. Group, Berkshire Hathaway, MGIC Investment, and Progressive

NEW YORK, October 31, 2017 /PRNewswire/ --

If you want a Stock Review on AIG, BRK-B, MTG, or PGR then come over to and sign up for your free customized report. Research reports have been issued by on American International Group Inc. (NYSE: AIG), Berkshire Hathaway Inc. (NYSE: BRK-B), MGIC Investment Corp. (NYSE: MTG), and The Progressive Corp. (NYSE: PGR). These equities are part of the Property and Casualty (P&C) Insurance industry, which differs from many other sectors, because its income, balance sheet, and cash flow statements are unique - relative to those of the average industrial company. Daily Stock Tracker published free research reports on these stocks today at:

American International Group 

New York-based American International Group Inc.'s shares gained 0.36%, closing Monday's trading session at $64.78. The stock recorded a trading volume of 4.03 million shares. The Company's shares have advanced 5.52% in the last month. The stock is trading 5.21% above its 50-day moving average and 3.17% above its 200-day moving average. Additionally, shares of the Company, which provides insurance products for commercial, institutional, and individual customers primarily in the US, Europe, and Japan, have a Relative Strength Index (RSI) of 65.43.  

On October 24th, 2017, American International Group announced that Thomas Leonardi will join the Company as Executive Vice President, Government Affairs, Public Policy and Communications, effective November 01st, 2017. Mr. Leonardi previously served as the Commissioner of Insurance at the Connecticut Insurance Department and as an investment banker and venture capitalist. See our free and comprehensive research report on AIG at:

Berkshire Hathaway 

On Monday, shares in Omaha, Nebraska-based Berkshire Hathaway Inc. recorded a trading volume of 2.47 million shares. The stock declined 0.39%, ending the day at $187.85. The Company's shares have advanced 2.47% in the past month, 6.56% in the previous three months, and 15.26% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.64% and 9.10%, respectively. Furthermore, shares of Berkshire Hathaway, which through its subsidiaries, primarily engages in the insurance and reinsurance of property and casualty risks business, have an RSI of 56.08.  

On October 03rd, 2017, Berkshire Hathaway and Pilot Flying J jointly announced that the former has made a significant minority investment in Pilot Travel Centers LLC (d/b/a Pilot Flying J). The Haslam family will continue to own a majority of Pilot Flying J, and Jimmy Haslam will remain as CEO. Pilot Flying J President Ken Parent and the company's management team will also remain in place. BRK-B free research report is just a click away at:

MGIC Investment 

Milwaukee, Wisconsin headquartered MGIC Investment Corp.'s stock finished the day flat at $14.29. A total volume of 4.55 million shares was traded, which was above their three months average volume of 2.57 million shares. Shares of the Company have advanced 14.05% in the last one month, 20.39% in the previous three months, and 40.24% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 16.94% and 27.45%, respectively. Additionally, shares of MGIC Investment have an RSI of 80.50.  

On October 11th, 2017, research firm Compass Point resumed its 'Buy' rating on the Company's stock.

On October 18th, 2017, MGIC Investment reported operating and financial results for the quarter ended September 30th, 2017. Net income for the quarter ended September 30th, 2017 was $120.0 million, adjusted net operating income was $120.7 million, and total revenues were $270.4 million. Losses incurred in the quarter were $29.7 million and net underwriting and other expenses were $42.9 million.  Sign up for your complimentary report on MTG at:


Shares in Mayfield Village, Ohio headquartered The Progressive Corp. ended yesterday's session 0.49% lower at $48.66. The stock recorded a trading volume of 2.39 million shares. The Company's shares have advanced 0.50% in the last one month, 2.96% over the previous three months, and 37.07% since the start of this year. The stock is trading 1.76% and 12.90% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Progressive, which through its subsidiaries, provides personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the US, have an RSI of 51.84.  

On October 27th, 2017, Progressive announced that it will host an Investor Relations conference call and a live webcast on November 03rd, 2017, beginning at 10:00 a.m. ET. Following the presentation will be a question-and-answer session led by CEO Tricia Griffith and CFO John Sauerland. Register for free on and download the latest research report on PGR at:


Daily Stock Tracker: 

Daily Stock Tracker (DST) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. DST has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

DST has not been compensated; directly or indirectly; for producing or publishing this document. 


The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by DST. DST is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  


DST, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. DST, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, DST, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 


This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither DST nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


Data & News supplied by
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.