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Best Growth Stocks to Buy for Dec.4
ZACKS· 2025-12-04 11:31
Core Insights - Three stocks with strong growth characteristics and buy ranks are highlighted for investors to consider on December 4 Group 1: Allstate Corporation (ALL) - Allstate Corporation is an insurance company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 29.3% over the last 60 days [1] - The company has a PEG ratio of 0.39, significantly lower than the industry average of 1.71 [1] - Allstate possesses a Growth Score of B [1] Group 2: Sanmina Corporation (SANM) - Sanmina Corporation is a global provider of electronics contract manufacturing services with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 38.9% over the last 60 days [2] - The company has a PEG ratio of 0.64 compared to the industry average of 1.81 [2] - Sanmina possesses a Growth Score of A [2] Group 3: Commercial Metals Company (CMC) - Commercial Metals Company is involved in steel manufacturing and recycling, holding a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 24.4% over the last 60 days [3] - The company has a PEG ratio of 0.42, lower than the industry average of 0.71 [3] - Commercial Metals possesses a Growth Score of B [3]
X @Bloomberg
Bloomberg· 2025-12-04 11:04
One year after the UnitedHealth Shooting, the insurance has made some concessions, but the public is still frustrated. https://t.co/bMksEv0Uay ...
bolt partners with Roamly for recreational vehicle insurance products
Yahoo Finance· 2025-12-04 10:35
bolt, the technology-enabled insurance exchange, has joined forces with digital insurance provider Roamly for specialty recreational vehicle (RV) insurance. Through this agreement, agents using the bolt platform in all 50 US states can now access Roamly’s RV insurance policies. The partnership is aimed at broadening the range of specialty products available on the bolt system. All agents working with bolt have immediate access to Roamly’s RV policies. Roamly functions as a Lloyd's Coverholder and uses ...
Baldwin Group and CAC agree on $1.03bn insurance brokerage merger
Yahoo Finance· 2025-12-04 10:22
US insurance company the Baldwin Group has signed a definitive agreement to merge with CAC Group, a specialist and middle-market insurance brokerage, for a total upfront value of $1.03bn. This comprises $438m in cash and 23.2 million shares of Baldwin common stock, which are valued at $589m based on the 30-day volume-weighted average price as of 1 December 2025. The deal structure also includes up to $250m in performance-based earnout payments and a deferred payment of $70m following closure. The transa ...
Viewpoint: Prudent or Not, an Insured’s Extra Expense Must Be Strictly ‘Necessary’
Insurance Journal· 2025-12-04 06:00
In a well-reasoned recent opinion, an Illinois appellate court strictly construed a cyber policy, ruling that reasonable—but contractually unnecessary—payments made by an insured following a cyberattack did not constitute insured “extra expense.”While the decision is designated as “unpublished,” it is an important decision for cyber insurers and insureds alike. Specifically, the case provides clear guidance in situations where an insured takes appropriate, but ultimately flawed, actions in response to a cyb ...
How life insurance settlements could bring liquidity, tax savings
Yahoo Finance· 2025-12-03 22:19
Core Insights - Life insurance settlements present an opportunity for clients to donate to charities while benefiting from current tax laws before potential changes occur in 2026 [1][5] - Selling life insurance policies on the secondary market allows policy owners to receive a lump sum, especially if their insurance needs change [2][3] - The average life settlement sale last year yielded 6.5 times the cash surrender value of the policies, indicating strong institutional demand [5][6] Industry Trends - The life insurance settlement market has seen sellers receive over $2.5 billion more than potential payouts from lapses or surrenders over the past four years [6] - Despite the significant financial benefits, only a small fraction of the 11 million life insurance policies in the U.S. are involved in settlements, with 2,699 transactions reported [6] - The total proceeds from these transactions exceeded $600 million, highlighting the market's potential [6] Considerations for Policyholders - Policyholders are advised to consult licensed advisors to ensure their interests are prioritized, rather than dealing directly with buyers [4] - Factors to consider include ongoing insurance needs, alternative liquidity options, tax implications of lump sum payments, potential impacts on family members, and privacy concerns regarding health information [7]
Root, Inc. to Participate in Citi's 2025 Insurance Access Day
Globenewswire· 2025-12-03 21:30
Core Insights - Root, Inc. is participating in Citi's 2025 Insurance Access Day on December 8, 2025, in New York [1] - The company will not have a formal presentation but will conduct one-on-one and group meetings with institutional investors [2] - Root, Inc. aims to revolutionize insurance through data science and technology, providing a personalized experience [3] Company Overview - Root, Inc. was founded in 2015 and is based in Columbus, Ohio [3] - The company is the parent of Root Insurance Company and has over 16 million app downloads [3] - Root has collected more than 33 billion miles of driving data to inform its insurance offerings [3]
Regulatory Authorities and Minority Shareholders Approved Skyward Specialty Acquisition of Apollo Group; Skyward Specialty Provides Guidance for 2026
Globenewswire· 2025-12-03 21:30
Core Viewpoint - Skyward Specialty Insurance Group has received regulatory and minority shareholder approvals for its acquisition of Apollo Group Holdings, with the transaction expected to close in early Q1 2026 [1][3]. Financial Guidance - Skyward Specialty provided financial guidance for the 2026 fiscal year, assuming the completion of the Apollo acquisition, aiming for top quartile underwriting and sustainable earnings growth [2][3]. - Pro forma guidance for the year ending December 31, 2026, includes gross written premiums estimated between $2.65 billion and $2.8 billion, a combined ratio between 90.5% and 91.5%, and net income projected between $207 million and $216 million, or $4.50 to $4.70 per diluted share [6][14]. Company Overview - Skyward Specialty is a rapidly growing specialty insurance company, offering commercial property and casualty products through eight underwriting divisions [7]. - The company operates subsidiaries rated A (Excellent) by A.M. Best, indicating a strong financial position [8]. Apollo Overview - Apollo is described as an innovation-driven insurance platform that provides data-driven solutions across various risk categories, enhancing Skyward's capabilities in the specialty insurance market [9][10].
Tiptree Announces Shareholder Approval of Proposed Merger of Fortegra and DB Insurance
Businesswire· 2025-12-03 21:30
Core Points - Tiptree Inc. announced that its shareholders approved the Merger Agreement with The Fortegra Group, Inc. and DB Insurance Co., Ltd. [1] - The acquisition involves DB acquiring all outstanding stock of Fortegra in an all-cash transaction [1] Company Summary - Tiptree Inc. is involved in a merger with Fortegra and DB Insurance, indicating strategic growth and consolidation in the insurance sector [1] - The approval from shareholders reflects confidence in the merger's potential benefits and alignment with company goals [1] Industry Summary - The merger highlights ongoing trends in the insurance industry, where consolidation is common as companies seek to enhance their market position and operational efficiencies [1] - The all-cash nature of the deal suggests a strong financial backing from DB Insurance, which may influence competitive dynamics within the industry [1]
U.S. Stocks Move Higher As Jobs Data Adds To Rate Cut Optimism
RTTNews· 2025-12-03 21:13
After showing a lack of direction early in the session, stocks moved mostly higher over the course of the trading day on Wednesday. While the Nasdaq and the S&P 500 posted modest gains, the narrower Dow showed a more notable move to the upside.The major averages all finished the day in positive territory. The Dow jumped 408.44 points or 0.9 percent to 47,882.90, the Nasdaq rose 40.42 points or 0.2 percent to 23,454.09 and the S&P 500 climbed 20.35 points or 0.3 percent to 6,849.72.The advanced by the Dow c ...