How strong is Milton? What to expect from Hurricane Categories 1-5: iShares U.S. Insurance ETF (ARCA:IAK), Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

How strong is Milton? What to expect from Hurricane Categories 1-5: iShares U.S. Insurance ETF (ARCA:IAK), Invesco KBW Property & Casualty Insurance ETF (NASDAQ:KBWP)

As Hurricane Milton moves across the Gulf of Mexico toward Florida on Wednesday, officials downgraded the storm from a Category 5 to a Category 4. That's not enough to rescind evacuation requests for residents. To see how hurricanes are classified and what they mean for sustained wind speeds, Benzinga analyzed …

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Hurricane Milton descends on Florida: Analysts warn of impact on Disney, NextEra's Florida Power & Light and regional banks – Allstate (NYSE:ALL), American Electric Power (NASDAQ:AEP)

Hurricane Milton descends on Florida: Analysts warn of impact on Disney, NextEra's Florida Power & Light and regional banks - Allstate (NYSE:ALL), American Electric Power (NASDAQ:AEP)

Insurance, regional banks, gyms, utilities, hospitals and theme parks are among the sectors that could be negatively affected when Hurricane Milton hits Florida late Wednesday or early Thursday. Here's a look at some of the sectors and stocks investors should keep an eye on ahead of Hurricane Milton. Hurricane Milton …

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Markel Further Enhances Cyber ​​Underwriting Capabilities and Expertise with Hire of Senior Underwriter – Markel Group (NYSE:MKL)

Markel Further Enhances Cyber ​​Underwriting Capabilities and Expertise with Hire of Senior Underwriter - Markel Group (NYSE:MKL)

LONDON, October 9, 2024 /PRNewswire/ — Markel, the insurance operations within Markel Group Inc. MKLannounced today Jack Eastwood as a Senior Cyber ​​Subscriber, effective immediately. His arrival supports Markel's commitment to investing in top-tier talent to continue to enhance its product and service offerings and underwriting experience for broker partners. …

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Back-to-back hurricanes hit Florida insurance market: Stocks to watch – Allstate (NYSE:ALL), Progressive (NYSE:PGR)

Back-to-back hurricanes hit Florida insurance market: Stocks to watch - Allstate (NYSE:ALL), Progressive (NYSE:PGR)

Insurance companies operating in Florida face significant challenges following two intense hurricanes: Helene and Milton. What happened: After Hurricane Helene, private insurers' losses were My dear between 3,000 and 6,000 million dollars. Hurricane Milton, expected to make landfall Wednesday on Florida's Gulf Coast near Tampa, is adding more stress to …

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Demotech, Inc. Seeks Comments on Life Company Rating System

Demotech, Inc. Seeks Comments on Life Company Rating System

DUBLIN, Ohio, October 8, 2024 /PRNewswire/ — Demotech, Inc., the first to review and rate independent, regional and specialty property and casualty insurers, created its general insurance company rating system in 2007. We propose a Life Company Classification System and solicit and encourage your thoughts and comments. The Demotech Insurance …

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