With inflation rising to a 31-year high, it is no surprise that investors are looking for opportunities in sectors that will help them dodge its ravages. Because insurance companies usually fare well during inflation, we think it could be wise to add fundamentally sound insurance stocks Hartford Financial (HIG), Fairfax Financial (FRFHF), and Alleghany (NYSE:Y) to one’s portfolio. So, let’s discuss these names.The stock market has been volatile of late owing to rising inflation. The Consumer Price Index rose 6.2% in October from a year earlier, its biggest jump in more than 30 years.
