Insurance company insiders not sweating losses
Article Abstract:
United States insurers have been affected by disasters such as Hurricane Andrew, and the floods linked to the Missouri and Mississippi rivers, but their earnings appear healthy, and there is a noticeable trend for insiders in insurance companies to buy. This buying appears to be due to a perception that the economy is recovering. This situation applies to both the Property and Casualty field, and to life insurance, with several companies having shares accumulated by at least two insiders in the three months to the end of July 1993.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
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Motor Club of America
Article Abstract:
Motor Club of America belongs to the property and casualty insurance sector. Five insiders accumulated 13,350 shares in Apr 1993, at prices between $1.63 and $2.25 each. The stock was pegged at $2.88, as of late May 1993.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
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