This Market Leader is Benefitting from Higher Auto Insurance Rates

Higher mortgage rates. Higher credit rates. Higher insurance rates.Unfortunately for consumers, this high interest-rate environment continues to linger longer than we’d like.The latest sign that elevated rates are here to stay came yesterday in the form of remarks from Richmond Fed President Tom Barkin. Barkin said that he would like to keep interest rates “moderately restrictive” until he gains more confidence that inflation is closer to the Fed’s 2% target.“I prefer to wait and see how this uncertainty pl ...