Matthew Carletti

Shares of Bowhead Specialty Holdings Inc (NYSE:BOW) were trading lower on Monday. The company is well positioned to benefit from the "prevailing hard market conditions in specialty casualty insurance lines" on which it is currently focused, according to JMP Securities. The Bowhead Specialty...

James River Group Holdings, Ltd. (NASDAQ: JRVR) stock plummeted on Wednesday, dropping more than 20%, after the company said it is canceling all insurance policies with its largest customer, a subsidiary of Uber Technologies Inc (NYSE: UBER). The decision led one sell-side firm to downgrade the...

JMP Securities maintained its Market Outperform rating and $95 price target on Hanover Insurance Group Inc (NYSE: THG) as it feels the recent selloff creates a buying opportunity. Shares of Hanover are down 8 percent quarter-to-date, which is the worst in the JMP coverage universe. This compares to...

JMP Securities has raised the price target of ProAssurance Corporation (NYSE: PRA) by $2 to $57, implying an upside of 9.5 percent as recent meetings with management reinforced its long-term prospects for the company. "[W]e believe PRA is well situated for both the challenging insurance market...