Tag: Insurance stocks
Stock Market Reacts to Growing Losses from LA Wildfires
**Stock Market Reacts to Growing Losses from LA Wildfires**In a devastating turn of events, the stock market has taken a hit as insurers face mounting losses from the raging wildfires in Los Angeles, California....
Generator Maker Generac’s Shares Soar, Insurance Stocks Drop Amid Hurricane Milton’s Intensification.
Generac Holdings, the company that produces backup power generators, experienced a significant increase in its shares by more than 7% on Monday. This surge was attributed to the rapid intensification of Hurricane Milton, which...