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Published

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

Summary by Finance & Commerce
Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response.

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Associated Press NewsAssociated Press News

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response. That could mean big profits for property and casualty…

·United States
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The HillThe Hill

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

NEW YORK (AP) — Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response. That could mean big profits for property and casualty insurers like Allstate and Progressive in the coming year. Investors have…

·Washington, United States
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Winnipeg Free PressWinnipeg Free Press

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

NEW YORK (AP) — Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are […]

·Winnipeg, Canada
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National PostNational Post

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

NEW YORK (AP) -- Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response.

·Canada
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Financial PostFinancial Post

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

NEW YORK (AP) -- Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response.

·Canada
Read Full Article
Washington Top NewsWashington Top News

Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits

NEW YORK (AP) — Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more frequent and intense, and insurers are jacking up rates in response. That could mean big profits for property and casualty insurers like Allstate and Progressive in the coming year. Investors have bid up shares in the sector roughly 19% so far this year, outpacing the S&P 500’s 17% gain. Global insurance gian…

·Washington, United States
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HurricanesHurricanes
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