5 Cheap Insurance Stocks to Buy Now

3. Old Republic International Corporation (NYSE:ORI)

Number of Hedge Fund Holders: 25     

Share Price as of October 20: $22.81   

Old Republic International Corporation (NYSE:ORI) engages in the insurance underwriting business primarily in the United States and Canada. It is one of the major insurance stocks to invest in. On October 13, the company said it had acquired the operating assets of Veritas Title Partners. The terms of the deal were not disclosed. Veritas is a Houston-based commercial escrow services and underwriting services provider.

At the end of the second quarter of 2022, 25 hedge funds in the database of Insider Monkey held stakes worth 231 million in Old Republic International Corporation (NYSE:ORI), compared to 28 in the previous quarter worth $314.7 million.