Hurricane Florence Pounds Some Financial Markets  

Hurricane Florence Pounds Some Financial Markets  

Hurricane Florence Pounds Some Financial Markets $KBWP, $All, $TRV, $IAK, $HD, $LOW, $GNRC The path of Hurricane Florence’s potential destruction runs right through markets from stocks to mortgage-backed securities. The Category 4 storm, which is forcing more than 1-M people to flee to safety and could wreak as much as $27-B in damages in the […]

Subsidy Payments to Barack Obamacare Insurers “Scrapped”

Subsidy Payments to Barack Obamacare Insurers “Scrapped”

Subsidy Payments to Barack Obamacare Insurers “Scrapped” Friday, President Donald Trump halted payments to insurers under the Barack Hussein Obama-era healthcare law. The White House said in a statement that the government cannot legally continue to pay the cost-sharing subsidies because they lack a formal authorization by Congress. 2 Dem Congressional lawmakers denounced The Trump […]

Hurricane Irma Looms, Florida Insurers’ Shares Fall

Hurricane Irma Looms, Florida Insurers’ Shares Fall

Hurricane Irma Looms, Florida Insurers’ Shares Fall $HRTG, $TRV, $HCI, $UVE Shares in Florida home insurers fell Tuesday as investors braced for losses as Hurricane Irma appeared set to hit the state Saturday. Shares in Heritage Insurance Holdings (NYSE:HRTG) hit record lows and were last down 15% at 9.58 with trading volume 2.1X its 10-Day […]