Financial markets have given investors several scares and head fakes this summer, but one group is emerging as a winner with a balance of fundamental improvement in its business and defensive qualities — insurance stocks. The iShares U.S. Insurance ETF (IAK) has gained 8.2% in the third quarter, compared to 2.4% for the S & P 500. The sector is beating the broader market on a year-to-date basis as well. IAK 3M mountain Insurance stocks are outperforming in the third quarter. Insurance…
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Insurance stocks are racing ahead of the market in the third quarter
