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Stock impact report

17 Best Insurance Dividend Stocks To Invest In Right Now [Yahoo! Finance]

Piper Sandler Companies (PIPR) 
Last piper sandler companies earnings: 5/1 08:04 am Check Earnings Report
Company Research Source: Yahoo! Finance
The insurance industry started off 2024 on a positive note, driven by huge gains in profits on the back of rising rates. Last year brought devastating losses for many insurance companies because of massive hurricanes and storms in the US. Many insurers kept taking it on the chin because of low premiums since applications for bump in rates take a lot of time for approvals. A Wall Street Journal report earlier this year quoted Paul Newsome, an insurance analyst at Piper Sandler, who said that home and auto insurance after the end of pandemic lockdowns were “underpriced” with insurance companies having to pay a lot more than their premiums. But later, many insurers won regulatory approvals to boost their insurance rates significantly in several states. Performance of Insurance Stocks in 2024 KBW Nasdaq Property & Casualty Index (INDEXNASDAQ:KPX) is up about 12% so far this year, compared to the S&P 500's gain of about 8%. Over the past one year KBW Property & Casualty Index is up ab Show less Read more
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