Insurance companies in the spotlight as Hurricane Idalia makes landfall in Florida as a Category 3 storm

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

Stocks with exposure to the insurance and reinsurance businesses were in the spotlight on Wednesday as Hurricane Idalia made landfall at around 7:45 am...

Stocks with exposure to the insurance and reinsurance businesses were in the spotlight on Wednesday as Hurricane Idalia made landfall at around 7:45 am Eastern Time on the coast of the Florida Big Bend near Keaton Beach, according to the National Hurricane Center. The storm hit the coast as a Category 3 storm with winds near 125 mph as it weakened from a Category 4.

Publicly-traded companies active in the insurance sector include Swiss Re SREN, +0.05%, Aon Plc AON, +0.51%, Allstate ALL, +1.09%, Travelers TRV, +0.28%, Everest Group EG, +2.30%, Willis Towers Watson WTW, +0.55% and Arthur Gallagher AJG, +0.83%. Others include Progressive PGR, +0.51%, Chubb Ltd. CB, +0.58%, Hanover Insurance Group THG, +0.15%, Renaissance Re RNR, +1.95% and Arch Capital Group ACGL, +2.10%.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Insurance companies in the spotlight as Hurricane Idalia approaches FloridaStocks with exposure to the insurance and reinsurance businesses were in the spotlight on Wednesday as Florida’s upper Gulf Coast prepared for the landfall...
Source: MarketWatch - 🏆 3. / 97 Read more »

Another major Florida hurricane threatens to worsen property insurance market, add ‘Hurricane Tax’ for policy holdersAs a major hurricane, Idalia not only threatens the lives of Floridians but also the progress of Florida’s property insurance market that was already in crisis.
Source: wjxt4 - 🏆 246. / 63 Read more »