8 Insurance Stocks Most Exposed to Hurricane Florence [MSN Money]
Berkshire Hathaway Inc. New (BRK.B)
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Source: MSN Money
1/9 SLIDES © (NOAA via AP) Florence is a threat to insurance stocks. All eyes are on the southern Atlantic Ocean this week, where Hurricane Florence threatens to be one of the strongest storms to make landfall on the east coast in decades. Buckingham Research Group analyst Amit Kumar has estimated the per-share risk for insurance stocks with major exposure to the east coast property market, and the results aren’t pretty. Kumar used a $10 billion insured loss estimate as a gauge for catastrophe-exposed insurance segments and calculated potential gross losses prior to reinsurance recoveries. Here’s a look at eight insurance stocks that could take a hard hit from Florence. Click ahead to see them. 2/9 SLIDES © (Smith Collection/Gado/Getty Images) Allstate Corp. (ticker: ALL) Of all the U.S. insurance stocks with exposure to the Georgia, North Carolina, South Carolina and Virginia coastal
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