Tag: insurance stocks

Why Insurance Stocks Like Allstate Are Holding Ground in a Changing Climate

Tate Ellison
Allstate Insurance Stocks

Why Look at Insurance Stocks? Insurance companies are finding ways to stay grounded despite the wild world around them. Stocks like those from Allstate (NYSE: ALL) are proving interesting for investors, even with climate risks becoming a bigger threat each year. Here’s an example: Allstate is sitting on a market value of about $47.85 billion – info per investing.com. They’ve got a price-to-earnings ratio of 10.78, meaning the stock’s price isn’t overly inflated compared to its earnings. And their 2.18% dividend yield isn’t bad if you’re looking for income along…

Read More

Where to Find a List of Publicly Held Insurance Companies

Live Insurance News
Publicly Held Insurance Companies

The U.S. stock market is home to a wide array of insurance companies, ranging from life and health insurers to property and casualty providers. These companies play a vital role in the economy, offering financial protection and risk management services to individuals and businesses alike. Many of these publicly held insurance companies also stand out for their ability to generate consistent cash flow, which allows them to pay dividends to their shareholders. Dividends are periodic payments made to investors, often seen as a sign of financial stability and profitability. For…

Read More

From Helene to Milton: Tampa’s Unprecedented Hurricane Season

John Bowers
hurricane milton track

Hurricane Milton – A Looming Threat to Tampa As Hurricane Milton barrels towards the Florida coastline, residents of Tampa are bracing for what experts warn could be a historic event. This fierce Category 4 hurricane is expected to make landfall tomorrow, potentially delivering a powerful storm surge and catastrophic winds to an area not directly hit by a major hurricane since 1921. Current Status of Hurricane Milton Originally a Category 5 storm, Hurricane Milton has slightly weakened but remains a formidable threat with sustained winds of 145 mph. The National…

Read More

Hurricane insurance losses from mammoth storm reaches billions

Julie Campbell
Hurricane Sandy flood insurance

Sandy left a wide path of destruction in her wake when it slammed the U.S. North East. Although residents of the North Eastern United States had been hoping for the best, the hurricane insurance losses resulting from Sandy will likely hit the $5 billion mark and above. Insurers and others in the industry are already crunching the numbers from the “frankenstorm”. Even before beginning to perform these calculations, it was clear to the hurricane insurance industry that the numbers would run well into the billions. Fitch Rating, for example, said…

Read More

Insurance news after Sandy has stocks tripping and falling

Julie Campbell
Financial Insurance News

Despite the solid report in October, the insurers dropped sharply in the markets. Whether you call it the Superstorm or the Frankenstorm, the impact of Sandy on insurance news has been a significant one, particularly considering the damage it had on the stocks of insurers at the start of November. The Dow Jones industrial average fell by 139 points as more information about Sandy’s costs was revealed. Of course, the falling stocks were not limited exclusively to insurance news, as many large companies – such as Verizon Communications – that…

Read More