Key Takeaways Shares of Generac Holdings, which makes home generators, jumped again as Hurricane Milton approaches Florida less than two weeks after Hurricane Helene inundated several South Atlantic U.

Insurance stocks that have weather catastrophe exposure, meanwhile, are falling on potential insured losses tied to Hurricane Milton. Allstate , Travelers and Chubb saw their shares fall more than 3%, while Progressive and AIG all declined more than 1%.

Generac is seeing its stock price soar today by more than 8.54% as the hurricane Milton strikes. Hurricane Milton is a Category 5 tropical cyclone in the Gulf of Mexico that is ap

Hurricane Milton has rapidly strengthened into Category 4 storm. Milton is forecast to approach Florida by Wednesday, according to the National Hurricane Center. Tampa Bay could face a storm surge of eight to 12 feet,