Technical Reports on Insurance Equities — American International, Berkshire Hathaway, MGIC Investment, and Progressive

NEW YORK, July 10, 2017 /PRNewswire/ --

If you want a Stock Review on AIG, BRK-B, MTG or PGR then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com reviews these four stocks: American International Group Inc. (NYSE: AIG), Berkshire Hathaway Inc. (NYSE: BRK-B), MGIC Investment Corp. (NYSE: MTG), and The Progressive Corp. (NYSE: PGR). Property and Casualty Insurance companies engage in underwriting insurance policies to protect consumers as well as businesses against loss and liability caused by injury to other people or damage to others property. Learn more about these stocks by downloading their comprehensive and free reports from DailyStockTracker.com member's area at:

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American International Group 

New York-based American International Group Inc.'s shares finished Friday's session 0.43% higher at $63.35. A total volume of 3.25 million shares was traded. The stock has gained 0.30% in the last month and 2.44% over the previous three months. The Company's shares are trading above their 50-day and 200-day moving averages by 0.97% and 0.80%, respectively. Moreover, shares of American International Group, which provides insurance products for commercial, institutional, and individual customers primarily in the US, Europe, and Japan, have a Relative Strength Index (RSI) of 51.58.

On July 05^th, 2017, American International Group announced the appointment of Peter Zaffino as Executive Vice President, Global COO, effective August 01^st, 2017. Mr. Zaffino joins the Company after serving as CEO of Marsh LLC, a leading global insurance brokerage and risk management firm, and as Chairman of the Risk and Insurance Services segment of Marsh & McLennan Companies, Inc. since 2015. AIG complete research report is just a click away at:

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Berkshire Hathaway 

Shares in Omaha, Nebraska-based Berkshire Hathaway Inc. ended the day 0.55% higher at $171.14 with a total trading volume of 2.72 million shares. The stock has advanced 2.79% in the last month, 2.81% in the previous three months, and 5.01% since the start of this year. The Company's shares are trading 2.51% and 5.74% above their 50-day and 200-day moving averages, respectively. Moreover, shares of the Berkshire Hathaway, which through its subsidiaries, the firm primarily engages in the insurance and reinsurance of property and casualty risks business, have an RSI of 59.95.

On June 30^th, 2017, Berkshire Hathaway announced that, when Bank of America Corporation increases its quarterly dividend to $0.12 per common share, the former will exercise its warrants to acquire 700,000,000 shares of Bank of America Common Stock at the exercise price of $7.142857 per common share. Pursuant to the terms of the warrants, Berkshire expects to use its $5 billion of Bank of America Corporation 6% Preferred Stock that it currently owns as the consideration to acquire the common shares. The complimentary report on BRK-B can be downloaded at:

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MGIC Investment 

Milwaukee, Wisconsin headquartered MGIC Investment Corp.'s stock rose 1.23%, closing the session at $11.52. A total volume of 1.50 million shares was traded. The Company's shares have gained 8.07% in the last one month, 14.29% in the previous three months, and 13.05% on an YTD basis. The stock is trading 6.09% above its 50-day moving average and 14.88% above its 200-day moving average. Additionally, shares of MGIC Investment, which through its subsidiaries, provides private mortgage insurance and ancillary services to lenders and government sponsored entities in the US, have an RSI of 63.57. Sign up for your complimentary research report on MTG at:

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Progressive 

On Friday, shares in Mayfield Village, Ohio headquartered The Progressive Corp. finished the session 1.26% higher at $44.99. A total volume of 2.12 million shares was traded. The stock has gained 4.75% in the last month, 14.62% over the previous three months, and 26.73% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 6.10% and 20.28%, respectively. Moreover, shares of Progressive, which through its subsidiaries, provide personal and commercial property-casualty insurance, and other specialty property-casualty insurance and related services primarily in the US, have an RSI of 67.47.

On June 14^th, 2017, Progressive reported that during the month of May it incurred about $102 million, or 5.2 loss ratio points, of catastrophe losses. Its year-to-date total catastrophe losses were approximately $259 million, or 2.5 points. The Company also announced its plan to release June results on July 18^th, 2017, before the market opens. Get free access to your research report on PGR at:

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