Insurance companies typically thrive in a high-interest-rate environment. The Federal Reserve has recently affirmed its determination to control inflation, intensifying the probability of further boosts in interest rates.
I believe Old Republic International Corporation (ORI) is a strong candidate to invest in, given its robust growth and solid momentum. Conversely, waiting for a better entry point in Berkshire Hathaway Inc. (BRK.B) might be prudent, while insurance stock Lemonade, Inc. (LMND) could be best avoided now.
