Quantcast
Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to Dividend.com. Please help us personalize your experience.

Select the one that best describes you
Dividend logo

The beginning of the year was the insurance industry’s oyster.

The Federal Reserve had just begun ratcheting up key benchmark interest rates, meaning plenty of profits for the sector’s large bond-backed floats. Meanwhile, underwriting gains in the industry were near post-recession highs. Naturally, stocks in the insurance sector were up on all the positives.

And then two of the worst storms in over a century decided to make landfall in the U.S.

Since the end of August, the insurance sector has been in a tizzy, rocked by the potential losses stemming from Hurricanes Irma and Harvey. The question now is whether those losses were justified or is this a big buying opportunity for investors.

Use the Dividend Screener to find high-quality dividend stocks. You can even screen stocks with DARS ratings above a certain threshold.

Two of America’s Costliest Storms

Every hurricane season, property and casualty insurance industry – and their reinsurance twins – brace for the impact. And, usually, there are claims to be paid out. But ever since Hurricane Katrina back in 2005, the massive storms that have made landfall have been pretty sanguine. So when, this year, the forecast called for two huge storms churning in the Gulf of Mexico, investors in the insurance sector headed for the exit.

To read the Full Story, Go Premium or Log In

Popular Articles

News

Kinder Morgan Inc Increases Dividend by 60%

Each day, companies across the globe announce upcoming dividend payouts. In our Dividend Payout...

News

Morgan Stanley Leads 85 Stocks Going Ex-Dividend This Week

There are 85 stocks going ex-dividend this week starting Monday, April 23. For income investors...

Premium Shutterstock 139983571
News

The Market Glance for April 23: Market Is Concerned About Dip in Consumer Confidence

It will be an action-packed week as investors will be busy analyzing many important corporate...