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HERITAGE: Announces Preliminary Second Quarter 2020 Weather and Catastrophe Losses

Storm Loss

Press release e submission / 4 years ago

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Heritage Insurance Holdings, Inc. recently issued the following announcement.

Heritage Insurance Holdings, Inc. (NYSE: HRTG) (“Heritage” or the “Company”), a super-regional property and casualty insurance holding company, announced that it expects to incur approximately $26.8 million of net current accident quarter weather losses in second quarter 2020, including about $17.6 million of net catastrophe losses. Weather and catastrophe losses primarily stemmed from an unusually high thirteen PCS events, which mostly impacted Florida and the Southeast.

Financial information, including material announcements about Heritage, is routinely posted on investors.heritagepci.com

About Heritage

Heritage Insurance Holdings, Inc. is a super-regional property and casualty insurance holding company. Through its insurance subsidiaries and a large network of experienced agents, the Company writes over $950 million of gross personal and commercial residential premium across its multi-state footprint. 

Original source can be found here.

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