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

Premium Market%20wrap%20aug%2022
News

The Market Wrap for August 23: Trade Gains, but Manufacturing Flops

If there has been one constant over the last few months, it has to be the trade situation between...

Premium Dividend%20image
News

The Macro Reasons Are Clear for Dividend Growth Stocks

One of the cool things about building a portfolio is that there are many ways to do it. From...

Premium Favorable%20demand%20supply%20conditions%20helps%20packaging%20company%20maintain%20position%20on%20best%20dividend%20stocks%20list
News

Favorable Demand Supply Conditions Help Packaging Company Maintain Position on Best Dividend Stocks List

At this point, you can’t escape the trade war news. The skirmish between the U.S. and China has...