Insurance Sector Recovers
Insurance stocks are up 50% after a near meltdown in November. The KBW Insurance ETF (KIE) is trading near $27 after dropping to $18 on November 20.
Insurance stocks are up 50% after a near meltdown in November. The KBW Insurance ETF (KIE) is trading near $27 after dropping to $18 on November 20.
The collapse and federal rescue of AIG only signaled the beginning of problems for the insurance industry which was the worst performing sector in the past month.