13 Insurance Stocks for Dividend Lovers

During the last global financial crisis, insurance companies have been affected in adverse ways like all other financial institutions. Most of the insurance companies had to reduce their dividends in 2009. Currently the trend reversed and revenues of insurance companies are increasing. For the first nine-months of 2010, the United States property/casualty insurance industry's net premiums were $327.4 billion, an increase of 6.1% compared with a year ago. The industry saw significant increases in net income which climbed 74% to $29.9 billion for the nine months ending in September 2010. We prepared a list of 13 insurance companies which pay fat dividend checks regularly. All companies in this list have a dividend yield of at least 2%. These 13 stocks returned 12.12% (including dividends) during the past 12 months, beating the government bonds by a large margin. 1. Mercury General Corp. (MCY): Mercury General Corporation provides private passenger and commercial... Read more