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Hurricanes Helene, Milton Insurance Losses Spike To $55B: Moody's
2024 Oct 14, 6:24pm | 1046Insured losses are way higher than originally anticipated due to the havoc from back-to-back hurricanes. What Happened: Moody’s Risk Management Solutions, or RMS, crunched the data to determine the financial impact of Hurricanes Milton and Helene. The firm expects total insured losses to...
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Why Unum is a Great Dividend Stock Right Now
2024 Oct 14, 4:24pm | 488Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments. While cash flow can come from...
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Travelers Gears Up to Report Q3 Earnings: What's in the Cards?
2024 Oct 14, 2:55pm | 865The Travelers Companies, Inc. (NYSE: TRV) is set to report third-quarter 2024 earnings on Oct. 17. TRV delivered an earnings surprise in two of the last four quarters and missed twice, the average beat being 7.47%. Factors to Consider Travelers' third-quarter results are likely to benefit from...
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Is SelectQuote a Double-Bagger Stock? Analysts Predict Huge Gains
2024 Oct 10, 2:08pm | 813It might be surprising for some to hear that 2024 has been a great year for stocks in the insurance industry. In fact, every single large-cap insurance stock in the United States and Canada trading region has a positive return this year. Additionally, the iShares U.S. Insurance ETF (ARCA: IAK) has...
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How Strong Is Milton? What To Expect From Hurricane Categories 1 Through 5
2024 Oct 09, 2:11pm | 918As Hurricane Milton barrels through the Gulf of Mexico towards Florida on Wednesday, officials downgraded the storm from Category 5 to Category 4. That’s not enough to rescind calls for residents to evacuate. For a look at how hurricanes are categorized, and what it means for sustained wind...
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Hurricane Milton Descends On Florida: Analysts Warn Of Impact On Disney, NextEra's Florida Power & Light, Regional Banks
2024 Oct 09, 11:51am | 1872Insurance, regional banks, fitness centers, utilities, hospitals and theme parks are among the sectors that could be negatively impacted when Hurricane Milton hits Florida Wednesday night or early Thursday morning. Here's a look at some of the sectors and stocks that investors should be watching...
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Back-To-Back Hurricanes Batter Florida's Insurance Market: Stocks To Watch
2024 Oct 08, 5:40pm | 742Insurance companies operating in Florida face significant challenges following two intense hurricanes: Helene and Milton. What Happened: After Hurricane Helene, losses for private insurers were estimated at $3 to $6 billion. Hurricane Milton, expected to make landfall Wednesday on Florida's Gulf...
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Hurricane Milton Evacuations 'A Matter Of Life And Death,' Biden Says: Fed's Bostic Says Storm Could Have Significant Economic Impact Over Next 6 Months
2024 Oct 08, 4:32pm | 1078Hurricane Milton is nearing the west coast of Florida and bringing a second powerful storm to the state within two weeks. Here's the latest update on the storm, expected to make landfall in the U.S. on Wednesday night. What Happened: Hurricane Milton reached Category 5 status Monday with winds of...
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Is AMERISAFE Stock a Pricey Pick or a Hidden Gem for Your Portfolio?
2024 Oct 08, 4:19pm | 740AMERISAFE, Inc. (NASDAQ: AMSF) is currently considered expensive on a relative basis, with the stock trading at a 22X forward 12-month price-to-earnings (P/E) ratio, which is at a premium compared with its five-year median of 20.21X and the Zacks Insurance - Accident and Health average of 13....
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3 Oversold Stocks with Big RSI Rebound Potential
2024 Oct 08, 2:42pm | 778Everybody loves finding a bargain or getting a good deal, and it's no different when it comes to stocks. One of the most popular technical indicators for helping investors find these is the Relative Strength Index (RSI). Every stock has one. It works by considering a stock's recent...
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3 Dividend Growth Stocks Set to Supercharge Your Portfolio
2024 Oct 07, 2:57pm | 809For dividend-paying companies, maintaining dividend growth is an essential way to demonstrate to investors that a firm is stable and enjoys long-term profitability. Dividend growth is also attractive to investors because it means an increasing passive income stream through stock ownership. Some...
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Hurricane Milton Is Florida's Second Storm In Two Weeks: How Disney, Theme Parks, Insurance Companies Could Be Impacted
2024 Oct 07, 10:55am | 1019Florida is bracing for another hurricane to make landfall this week, less than two weeks after Hurricane Helene. Here's a look at the forecast and stocks to watch. Hurricane Milton Intensifies: Less than two weeks after Hurricane Helene hit Florida, Hurricane Milton is intensifying into a potential...
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Boeing Workers' Union Says Decision To Cut Health Care For 33,000 Is 'Unnecessary And Cruel'
2024 Oct 03, 12:53pm | 556According to union officials, Boeing Co (NYSE:BA) executives decided to cut health care benefits for 33,000 workers during an ongoing strike. The workers striking at Boeing facilities across Washington, California and Oregon were notified of the decision through postal notices sent to their homes....
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Hurricane Helene Devastation: The Latest On Damage, Companies Affected
2024 Oct 01, 2:21pm | 559Hurricane Helene’s devastation claimed the lives of more than 130 people and left nearly 800,000 without power, according to the latest figures. The storm, which made landfall on September 26, tore through the Florida Panhandle, Georgia and North and South Carolina. New Developments:...
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Hurricane Helene: 102 Dead, 2 Million Without Power After Storm Destruction In 6 States
2024 Sep 30, 10:55am | 1265Hurricane Helene and the aftermath of the Category 4 storm have left over 100 people dead, millions without power and destruction not seen in decades in several states since making landfall Thursday night. What Happened: The hurricane, which shut down airports, roads and bridges, theme parks and...
Coverage of Insurance.