QUOTE AND NEWS
Insurance Journal  Nov 24  Comment 
AmTrust Financial Services Inc. announced it has entered into a definitive agreement to acquire Birmingham, Mich.-based CorePointe Insurance Co. (CorePointe), a wholly owned subsidiary of CorePointe Group LLC. The cash transaction is subject to...
Benzinga  Nov 5  Comment 
Analysts at Raymond James upgraded Bloomin' Brands (NASDAQ: BLMN) from Outperform to Strong Buy. The price target for Bloomin' Brands has been raised from $20 to $25. Bloomin' Brands shares closed at $20.43 yesterday. FBR Capital upgraded Time...
Benzinga  Nov 5  Comment 
Analysts at Compass Point upgraded AmTrust Financial Services (NASDAQ: AFSI) from Neutral to Buy. The price target for AmTrust Financial Services has been raised from $52 to $57. AmTrust Financial shares have jumped 23.43% over the past 52...





 
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AmTrust Financial Services is a NYC based multinational property and casualty insurance company principally in North America, Europe, and Scandinavia. The company operates in three segments: Small Commercial Business Insurance, Specialty Risk and Extended Warranty, and Specialty Middle-Market Property and Casualty Insurance. The Small Commercial Business Insurance segment provides monoline workers’ compensation insurance and an array of commercial package products, including general liability, workers’ compensation, and farm and ranch insurance to a niche audience of small to mid-size businesses in qualified classes, such as restaurants, retail stores, private schools, business traveler hotels/motels, and light manufacturing. The Specialty Risk and Extended Warranty segment serves manufacturers, service providers, retailers, and third party warranty administrators that provide coverage for accidental damage, mechanical breakdown, and related risks for consumer and commercial goods. This segment also provides coverage for products, such as consumer electronics, consumer appliances, hand tools, credit payment protection, GAP insurance, commercial and residential properties, and legal expenses. The Specialty Middle-Market Property and Casualty Insurance segment underwrites worker’s compensation, general liability, commercial auto liability, and commercial property insurance for retail, wholesale, service operations, artisan contracting, light and medium manufacturing, and habitational industries. The company sells its products through a network of independent wholesale agents, brokers, and retail agents.

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