Tuesday, August 6, 2013

Insurance: Very Quiet Start to the Hurricane Season (ALL; CB; TRV)

The big three property/casualty insurers are trading between two and nine bucks below their 52-week highs and are collecting premiums without having catastrophic payouts.
A couple weeks ago, in "Insurance: Property Casualty Looks to Be Extremely Profitable This Year (TRV; CB; ALL; AIG)", we looked at what is now a record-low (since the Weather Bureau began issuing tornado warnings in 1953) tornado season.

Today we look at the record low start to the hurricane season:


-WeatherStreet