Fri, Aug 22, 2014, 4:17 PM EDT - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Meadowbrook Insurance Group Inc. Message Board

  • myword2967 myword2967 Dec 4, 2013 12:08 PM Flag

    i am buying

    for end of year & 2014 turnaround.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • If this turns around, other than an inch here and there, it will not be until they get their rating back from AM Best. If they do well, that will be 2-3 years. Or, as an alternative, they are purchased. Then there may be a 30-35% premium on the stock. They think they can turn it around, and maybe they can, but it is a huge challenge for them. The stars need to be aligned and they need extreme discipline and knowledge. So far, they are not showing that in the insurance marketplace. Just knee jerk reactions such as... Getting off whole books of business instead of underwriting to a profit and increasing prices to a proper level.

 
MIG
6.39-0.03(-0.47%)4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.