Hurricane Harvey’s Devastating Effect on Property Insurers
This is no doubt that the devastation to personal property that hurricane Harvey has caused to Texas and the surrounding area will not have an impact to the property and casualty insurers that operate in that region. But the affects should not significantly affect long-term holders. This is an opportunity in the coming days to look at this sector to make or add to positions.
Disclosure: Long – Aflac Inc (AFL), The Progressive Corporation (PGR)