The Latest Breaking News from HRTG

Insurers typically benefit from rising interest rates. The recently released strong macroeconomic data has increased the odds of another rate hike in June. Therefore, it could be wise to buy insurance stocks Fairfax Financial Holdings (FRFHF), Universal Insurance (UVE), and Heritage Insurance (HRTG), given their strong momentum and growth prospects.…

While the profitability of most sectors gets affected by interest rate increases, the insurance industry tends to benefit from it. Moreover, the insurance business performs steadily regardless of the economic cycle. Hence, investors could consider investing in quality insurance stocks Unipol (UFGSY), Universal Insurance (UVE), and Heritage Insurance (HRTG) this…

As the annual inflation declined for the ninth straight month in March, investors remain fearless about the Fed’s next course of action. However, as the market is expected to remain volatile on concerns over a potential recession, investing in fundamentally strong stocks Centrica (CPYYY), Graham Corporation (GHM), and Heritage Insurance…

Although rising interest rates spell trouble for some sectors, the financial sector, including insurers, typically benefits from higher interest rates. Insurance stocks Intact Financial (IFCZF), The Hartford Financial Services (HIG), and Heritage Insurance (HRTG) are well-positioned to capitalize on the rising interest rate environment. So, these stocks could be great…