The Zacks Insurance industry is undervalued than the Zacks S&P 500 composite and the Zacks Finance sector. The insurance industry’s price-to-book (the best multiple for valuing insurers because of their unpredictable financial results) of 1.57 was less than the Zacks S&P 500 composite’s P/B of 8.57 and the sector’s P/B of 3.65. Such below-market positioning hints at room for an upside in the days ahead.Image Source: Zacks Investment ResearchImage Source: Zacks Investment ResearchThus, before their valuation ...