We’ve been busy doing research trying hard to find value and something to invest in but it’s been tough with the market breaching all time highs but the latest BLS report on inflation and insurance costs specifically caught our eye.
So we researched the BLS tables and came up with the following charts:
Auto insurance premiums have been steadily rising for the past two decades and recessions don’t seem to phase the premiums.
Property & casualty insurance premiums also have been climbing steadily and not impacted by recessions, pandemics or other major events.
On the health insurance front, the premiums charged on an hour per employee basis has also been steadily declining and also not phased by recessions or other events.
We mapped the stock ticker rise of a health insurer, UnitedHealth Group and compared it to the rise of the health insurance cost per hour/employee growth to get an idea if insurance companies might be a good value investment. In the case of UNH probably not at current price levels but we did find other insurance companies that we may be investing in as they meet our DIVOS™ criteria so stay tuned, stay profitable and stay solvent…