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Re: gfp927z post# 58

Tuesday, 02/06/2024 3:04:18 PM

Tuesday, February 06, 2024 3:04:18 PM

Post# of 171
>>> Insurers Rake In Profits as Customers Pay Soaring Premiums


The Wall Street Journal

by Jean Eaglesham

January 25, 2024


https://finance.yahoo.com/m/422624f8-879a-33ab-ae1a-6c8e2cc0d00d/insurers-rake-in-profits-as.html


The pain for home- and auto-insurance customers is quickly becoming investors’ gain. Insurance giants’ shares and profits are hitting records, thanks in part to steep rate hikes. The jump came after the company reported a record profit for its fourth quarter, boosted by double-digit rate increases in its business and personal insurance units...

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