5 P&C Insurers to Buy Despite an Active Hurricane Season
HCIHCI(HCI) zacks.com·2024-05-29 01:15

Colorado State University (CSU) estimates an active hurricane season this year. The latest report published by CSU states that the 2024 hurricane season may have 23 named storms, including 11 hurricanes and five major hurricanes and be about 170% of the average season. The hurricane season typically starts in June and lasts through November, gathering strength in August and September. Thus, property and casualty insurers’ third-quarter results are affected the most. Better pricing, prudent underwriting, inc ...