Meadowbrook (NYSE:MIG), The Chubb (NYSE:CB), Harleysville Group (Nasdaq:HGIC) Downgraded by RBC Capital

RBC Capital took the knife to some insurance stocks, downgrading Meadowbrook Insurance (NYSE:MIG), The Chubb (NYSE:CB) and Harleysville Group (Nasdaq:HGIC).

All the above insurance companies were downgraded from "Outperform" to "Sector Perform."

Harleysville Group (HGIC) closed Friday at $36.17, down $0.26, or 0.71 percent. RBC has a price target of $37 on them.

Meadowbrook Insurance (MIG) closed at $9.60, down $0.16, or 1.64 percent. RBC has a price target of $10 on Meadowbrook.

The Chubb (CB) closed at $57.42, down $0.63, or 1.09 percent. They had their price target lowered from $63 to $61.