UIHC Stock buy rating prices target $8.00

UIHC Stock buy rating prices target $8.00 : Sterne Agee initiated coverage on shares of United Insurance Holdings Corp. (NASDAQ: UIHC) in a research note released on Friday morning. The firm issued a buy rating and a $8.00 price target on the stock.

“UIHC has a strong underwriting track record providing homeowners coverage in FL and is well positioned to expand in catastrophe/wind-exposed regions given its expertise and current pricing momentum. We feel valuation at 98% of 4Q12E TBV is attractive given growth opportunities and our expectation of improving earnings (to mid/high teens ROE).,” the firm’s analyst wrote.

Shares of United Insurance Holdings Corp. traded up 4.42% during mid-day trading on Friday, hitting $5.90. United Insurance Holdings Corp. has a 52 week low of $4.05 and a 52 week high of $6.10. The company has a market cap of $61.6 million and a P/E ratio of 4.90.

The company also recently announced a quarterly dividend, which is scheduled for Monday, December 31st. Stockholders of record on Friday, December 28th will be paid a dividend of $0.03 per share. This represents a $0.12 annualized dividend and a dividend yield of 2.03%.

Separately, analysts at Raymond James initiated coverage on shares of United Insurance Holdings Corp. in a research note to investors on Friday. They set an outperform rating on the stock.

travelers insurance stock symbol

best Insurance Stock - travelers insurance stock symbol : The Travelers Companies, Inc., through its subsidiaries, provides various commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals primarily in the United States. The company operates in three segments: Business Insurance; Financial, Professional, and International Insurance; and Personal Insurance. The Business Insurance segment offers property and casualty products and services, such as commercial multi-peril, property, general liability, commercial auto, and workers’ compensation insurance.

 This segment operates in six groups: Select Accounts, which serves small businesses; Commercial Accounts that serves mid-sized businesses; National Accounts, which serves large companies; Industry-Focused Underwriting that serves targeted industries; Target Risk Underwriting, which serves commercial businesses requiring specialized product underwriting, claims handling, and risk management services; and Specialized Distribution that offers products to customers through licensed wholesale, general, and program agents.

The Financial, Professional, and International Insurance segment provides surety and financial liability coverage, which uses a credit-based underwriting process; and property and casualty products primarily in the United Kingdom, Canada, and the Republic of Ireland. The Personal Insurance segment offers property and casualty insurance covering personal risks, primarily automobile and homeowners insurance to individuals. It distributes its products through independent agents, wholesale agents, brokers, sponsoring organizations, and direct marketing. The company was founded in 1853 and is based in New York, New York.
the New York Stock Exchange under its new name and ticker symbol The Travelers Cos. (NYSE: TRV).
Contact Info

485 Lexington Avenue New York, NY 10017 United States
Phone: 917-778-6000
www.travelers.com

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Health Net expects earnings per share 2013

Best Insurance Stocks - Health Net Inc expects earnings per share 2013, Analysts expect eps 2013, Health Net stock forecast 2012, Health Net revenue prediction 2013 : Health Net Inc. has issued an initial 2013 earnings forecast that comes with room for growth according to analysts who cover the health insurer. The Woodland Hills, Calif., company said Tuesday after markets closed that it expects earnings per share next year to range from $2 to $2.10, with revenue of between $10.7 billion and $11.2 billion.

Analysts expect, on average, earnings of $2.03 per share on $12.06 billion in revenue, according to FactSet, Health Net provides commercial health insurance and administers Medicaid and Medicare coverage. It does most of its business in California.

The insurer also said it expects health plan membership to fall between 1 percent and 2 percent next year, driven partly by a commercial enrollment drop of between 8 and 9 percent.

Health Net's earnings forecast fell well below Goldman Sachs analyst Matthew Borsch's expectation for $2.25 per share. But the analyst said in a research note he expects improved profitability as the insurer benefits from better pricing in its commercial business and as California resets rates for a Medicaid population.

Citi analyst Carl McDonald said in a separate note the company's forecast doesn't include revenue from its dual-eligible program, which is scheduled to start later in the year.

Dual-eligibles are a category of patients eligible for both Medicaid, the state and federally funded program that covers the poor and disabled people, and Medicare, which focuses on the elderly and the disabled. States are starting to move their dual eligible residents, who generally have expensive medical conditions, into managed care programs that coordinate care and cut wasteful spending. Analysts see this as a potentially lucrative business for insurers.

McDonald said the so-called "duals" give Health Net a chance to either modestly or meaningfully exceed its initial forecast.

The analyst also said the insurer's projected enrollment drop was a good thing because it shows the company is setting prices conservatively next year. Insurers can strain profitability of they drop their coverage prices too low to increase their enrollment.

UIHC dividend per share cash on December 31, 2012

Best Insurance Stock - UIHC dividend per share cash on December 31, 2012 : United Insurance Holdings  dividend per share cash on December 31, 2012 : United Insurance Holdings Corp. (Nasdaq: UIHC) (United or the Company), a property and casualty insurance holding company, today announced that its Board of Directors declared a cash dividend of $0.03 per share of common stock outstanding, payable in cash on December 31, 2012 to shareholders of record on December 28, 2012.

John Forney, Chief Executive Officer of United, stated, “We have been very pleased with United’s growth over the past year and the completion of our recent financing. We want to strike a balance between providing our shareholders ongoing cash returns and using our capital to support the growth opportunities we have in the market. We think this dividend, which we intend to issue quarterly, balances those considerations. We are supported by a strong balance sheet, and look forward to continuing profitable growth in the coming year.”

About United Insurance Holdings Corp.
Founded in 1999, United Property and Casualty Insurance Company, a subsidiary of United Insurance Holdings Corp., writes and services property and casualty insurance in Florida, South Carolina, Massachusetts and Rhode Island and is licensed to write in North Carolina. From its headquarters in St. Petersburg, United's team of dedicated professionals manages a completely integrated insurance company, including sales, underwriting, customer service and claims. The Company distributes its homeowners, dwelling fire and flood products through many agency groups and conducts business through four wholly-owned subsidiaries. Homeowners insurance constitutes the majority of United's premiums and policies.

Contacts

United Insurance Holdings Corp.
John Rohloff, 727-895-7737
SEC Reporting Manager
jrohloff@upcic.com
or
INVESTOR RELATIONS:
The Equity Group
Adam Prior, 212-836-9606
Vice President
aprior@equityny.com
or
Terry Downs, 212-836-9615
Account Executive
tdowns@equityny.com

What Is Insurance

Life Insurance is the key to good financial planning. On one hand, it safeguards your money and on the other, ensures its growth, thus providing you with complete financial well being. Life Insurance can be termed as an agreement between the policy owner and the insurer, where the insurer for a consideration agrees to pay a sum of money upon the occurrence of the insured individual's or individuals' death or other event, such as terminal illness, critical illness or maturity of the policy. Life insurance plans, unlike mutual funds, are beneficial when you look at them as a long term avenue of investment which also offers protection through life cover. Life insurance policies are broadly categorized into 2 types; Traditional Plans and Unit Linked Insurance Plans (ULIPs).
Traditional policies offer in-built guarantees and define maturity benefits through variety of products such as guaranteed maturity value. The investment risk in traditional life insurance policies is borne by life insurance companies. Additionally, the investment decisions are regulated to a large extent by IRDA rules and regulations, ensuring stable returns with minimal risk. Investment income is distributed amongst the policy holders through annual bonus. These policies are ideal for policy holders who are not market savvy and do not wish to take investment risks. ULIPs, on the other hand provide a combination of risk cover and investment. More importantly they offer a flexibility to decide your risk taking profile.

Insurance Industry Prospects 2013

Fitch Ratings global ranking institutions assess the prospects for both the life insurance and losses in 2013 will stabilize at a sustainable premium income and strengthening regulations that support the industry.

As quoted by the Asia Insurance Review, Fitch has provided an assessment of a stable outlook for the insurance industry in 2013. It is driven by the increasing prosperity in the world, which is very less market penetration, and increasing awareness of the risk of catastrophe.

The impact of the minimum capital policy, the number of players because the insurance industry will shrink smaller and weaker will join with other companies to meet the new capital requirements or forced out of the market. Over the long term, this will help insurance companies develop a greater awareness of the risks and enhance their ability to manage capital resources.

Fitch also considered foreign ownership in the world market could rise because of the growth of the insurance market in the United States, Japan and South Korea are fast.

However, Fitch noted it is still negative as the insurance industry's growth prospects in the world that is plagued with limited institutional transparency, minimal public disclosure, and risk management needs to be strengthened. Fitch, however, believe that stakeholders in the insurance industry will improve by strengthening regulatory requirements and increasing interest of foreign investors.

In addition, Fitch also notes the industry emphasizes stable outlook may come under pressure from potential catastrophe losses due to risk reduction. 

The Importance of Life Insurance For You

Money management indecision and anxiety of life insurance in retirement is a problem cliché that we often encounter in everyday life. Adequate current salary does not guarantee that we avoid the risk of a variety of personal financial abominable. The reason could be because the wrong investment, poor financial management, or even lack of adequate planning future plans. So if there are unexpected expenses make us have to seek loans to and fro.

All the anxiety that can be overcome if you know about the great benefits of an insurance service. Granted, not everyone knows how to choose the insurance company that they can really count on. The assumption of insurance is only useful when you have a disaster are still there in most of our communities. No one did, but if we are keen to seize the opportunity of the insurance services offered, assuming it would be shifting toward a more moderate again. Insurance not only can you count on when experiencing something or disasters that are sudden, but it can also be a profitable investment for you and your family.

Insurance companies will answer all your anxieties. You also must be smart and observant in choosing an insurance company, and you also have to look at the performance of an insurance company whose graph kept climbing or always increase, it can be seen from the steady improvement of the company's financial year.