Monday, February 17, 2014

51 Largest US Property & Casualty Insurance Company Stock Prices Down 51% Due to Financial Meltdown Spillover Effects, Then Up 268% Under Obama and the US Fed

I found 51 US Property & Casualty Insurance Companies classified in the Financial Sector at Yahoo's superb Finance website with current Total Market Capitalizations of at least $100 mil and which also had their common stocks trading on each of the following three dates:

  • On December 31, 2007 during President Bush's second term
  • On March 6, 2009, very early in President Obama's first term, which was their lowest point due to the spillover effects resulting from the 2008 financial meltdown, and 
  • also on the most recent date February 14, 2014.

The historical common stock prices of these companies were obtained from the following two excellent internet resources....  Google Finance and MarketWatch Big Charts.

These 51 largest US Property & Casualty Insurance Companies had their average stock prices decline by a huge 51% from December 31, 2007 during President Bush's second Presidential term, to March 6, 2009, very early in President Obama's first term, which was the very lowest point for the overall stock market due to the spillover effects resulting from the disastrous 2008 Financial Meltdown.

But in the slightly less than five years since March 6, 2009, the average stock prices of these same 51 largest US Property & Casualty Insurance Companies have increased by a robust 268% through February 14, 2014, led by Radian Group and by FBL Financial Group, with both having stock price increases of more than 10 times since March 6, 2009.

All 51 US Property & Casualty Insurance Companies experienced stock price increases since March 6, 2009.
 
Clearly, a majority of the investors in and employees of these 51 largest US Property & Casualty Insurance Companies must be very pleased with the impact of actions taken by both the Obama Administration and the US Fed to successfully rescue the US economy from its extremely weakened state.

Below here are the stock market prices of each of these 51 largest US Property & Casualty Insurance Companies on February 14, 2014, on March 6, 2009, and on  December 31, 2007:






Market Market






Price Price






% %






Change Change



 Market   Market   Market  3-6-09 12-31-07



 Price   Price   Price  to to
Property & Casualty Insurance Companies HQs
 2-14-14   3-6-09   12-31-07   2-14-14  3-6-09








Radian Group Philadelphia PA       15.78         0.96       11.68 1544% -92%
FBL Financial Group West Des Moines IA       39.06         2.55       34.53 1432% -93%
XL Group plc Stamford CT       29.23         2.95       50.31 891% -94%
Harford Financial Services Group Hartford CT       34.67         3.62       87.19 858% -96%
Federated National Holding Sunrise FL       12.72         1.72       13.44 640% -87%
MGIC Investment Milwaukee WI         8.78         1.23       22.43 614% -95%
American Intl Group New York NY       48.98         7.00       1,166.00 600% -99%
CNA Financial Chicago IL       41.94         6.98       33.72 501% -79%
AmTrust Financial Services New York NY       33.33         5.88       11.38 467% -48%
MBIA Inc Armonk NY       12.67         2.53       18.63 401% -86%
Kemper Corp Chicago IL       37.95         8.34       47.99 355% -83%
Horace Mann Educators Corp Springfield IL       28.32         6.46       18.94 338% -66%
American Financial Group Cincinnati OH       56.43       13.13       28.88 330% -55%
Allstate Northbrook IL       52.96       14.55       52.23 264% -72%
White Mountains Insurance Hanover NH      578.58      165.00      514.05 251% -68%
Arch Capital Group Ltd Jersey City NJ       55.26       15.93       23.45 247% -32%
Universal Insurance Holdings Fort Lauderdale FL       11.62         3.44         7.41 238% -54%
American National Insurance Galveston TX      117.31       35.38      121.24 232% -71%
ACE Limited Philadelphia PA       96.97       32.50       61.78 198% -47%
CoreLogic Irvine CA       33.87       11.37       19.47 198% -42%
Amerisafe Inc DeRidder LA       40.22       13.80       15.51 191% -11%
Employers Holdings Reno NV       23.93         8.71       16.71 175% -48%
Stewart Information Services Houston TX       35.21       13.65       26.09 158% -48%
Cincinnati Financial Fairfield OH       47.00       18.57       39.54 153% -53%
Markel Glen Allen VA      568.96      225.21      491.10 153% -54%
Travelers New York NY       84.02       34.44       53.80 144% -36%
Loews New York NY       44.03       18.13       50.34 143% -64%
Chubb Warren NJ       86.12       35.73       54.58 141% -35%
Everest Re Group Ltd Liberty Corner NJ      147.23       61.84      100.40 138% -38%
Progressive Mayfield Village OH       23.98       10.32       19.16 132% -46%
Infinity Prperty & Casualty Birmingham AL       73.64       32.20       36.13 129% -11%
ProAssurance Birmingham AL       47.42       21.09       27.46 125% -23%
Hilltop Holdings Dallas TX       23.74       11.00       10.92 116% 1%
Selective Group Branchville NJ       22.37       10.61       22.99 111% -54%
WR Berkley Greenwich CT       40.64       19.47       29.81 109% -35%
HCC Insurance Holdings Houston TX       43.83       21.34       28.68 105% -26%
National Interstate Richfield OH       28.93       14.34       33.10 102% -57%
The Hanover Insurance Group Worcester MA       59.04       30.50       45.80 94% -33%
RLI Corp Peoria IL       42.33       21.88       28.40 93% -23%
Safety Insurance Group Boston MA       55.77       29.16       36.62 91% -20%
Mercury General Los Angeles CA       44.66       23.53       49.81 90% -53%
Donegal Group Marietta PA       24.00       14.06       18.25 71% -23%
United Fire Group Cedar Rapids IA       27.37       17.54       29.09 56% -40%
Alleghany New York  NY      377.29      253.63      402.00 49% -37%
EMC Insurance Group Des Moines IA       26.99       19.03       23.67 42% -20%
Hallmark Financial Services Fort Worth TX         8.59         6.50       15.86 32% -59%
State Auto Financial  Columbus OH       19.62       15.12       26.30 30% -43%
First Acceptance Corp Nashville TN         2.72         2.14         4.22 27% -49%
Navigators Group Stamford CT       61.30       48.24       65.00 27% -26%
Baldwin & Lyons Indianapolis IN       23.90       19.03       27.46 26% -31%
Meadowbrook Insurance Group Southfield MI         6.24         5.46         9.41 14% -42%








Average % Change all 51




268% -51%