Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. American International Group ( AIG) pushed the Insurance industry lower today making it today's featured Insurance laggard. The industry as a whole closed the day down 0.5%. By the end of trading, American International Group fell 48 cents (-1.5%) to $32.49 on light volume. Throughout the day, 11.4 million shares of American International Group exchanged hands as compared to its average daily volume of 27.2 million shares. The stock ranged in price between $32.45-$32.97 after having opened the day at $32.86 as compared to the previous trading day's close of $32.97. Other companies within the Insurance industry that declined today were: Independence Holding Company ( IHC), down 5.6%, Phoenix Companies ( PNX), down 4.7%, Life Partners Holdings ( LPHI), down 3.6%, and MBIA ( MBI), down 3.2%.
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