Hurricane Irma Helps Insurance ETFs Rebound
September 11, 2017 at 14:01 PM EDT
Insurance stocks and sector-related ETFs jumped Monday after damages from Hurricane Irma appeared less grave than previously expected. On Monday, the SPDR S&P Insurance ETF (NYSEArca: KIE) rose 2.4%, iShares US Insurance ETF (NYSEArca: IAK) gained 2.1% and PowerShares KBW Property &...