Does this guarantee there's nothing on this insurance company's books like the "finite risk" policies that are now getting Berkshire Hathaway (BRK.B Quote) in trouble? No, but this kind of strong governance by the board sure helps. It doesn't hurt, either, that Cincinnati Financial sells its insurance through a network of independent agencies, which should keep the company on the sidelines in the current investigation of brokerage-sold insurance.
I think Cincinnati Financial looks a lot like T. Rowe Price. I'm adding it to the Clean Stocks list. May the shares prosper as much from the turmoil in the insurance industry as T. Rowe Price's did in the mutual fund brouhaha.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
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