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Heritage Insurance Holdings, Inc. - $HRTG STOCK NEWS

Welcome to our dedicated page for Heritage Insurance Holdings news (Ticker: $HRTG), a resource for investors and traders seeking the latest updates and insights on Heritage Insurance Holdings stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Heritage Insurance Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Heritage Insurance Holdings, Inc. reported third quarter 2023 financial results. Net loss improved to $7.4 million from $48.2 million in the prior year quarter. Gross premiums earned increased by 9.4% to $337.0 million. Net loss ratio improved by 23.2 points to 74.4%. Strategic initiatives include underwriting profit, capital allocation, portfolio diversification, and coverage suitability.
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11.46%
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Heritage Insurance Holdings to announce third quarter 2023 financial results
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3.61%
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Rhea-AI Summary
Heritage Insurance Holdings, Inc. reports approximately $40.0 million in estimated retained catastrophe losses for Q3 2023 due to the Maui Wildfire and Hurricane Idalia.
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-9.73%
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Rhea-AI Summary
Heritage Insurance Holdings reports Q2 2023 financial results with net income of $7.8 million, up from a net loss of $87.9 million in the prior year quarter. Gross premiums written increased by 8.6% to $396.6 million. Net loss ratio improved by 3.8 points to 60.3%. Continued focus on underwriting profits and selective organic growth in commercial residential business.
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10.41%
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-1.29%
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0.81%
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14.63%
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1.96%
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-5.71%
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management
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33.82%
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Heritage Insurance Holdings, Inc.

NYSE:HRTG

HRTG Rankings

HRTG Stock Data

276.03M
21.36M
26.71%
52.12%
2.58%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
TAMPA

About HRTG

heritage insurance holdings, inc. (“heritage” or the “company”) is based in clearwater, florida. its subsidiaries, heritage property & casualty insurance company and zephyr insurance company, write approximately $587 million and $58 million, respectively, of personal and commercial residential premium through a large network of experienced agents. the company is currently writing policies in florida, hawaii, north carolina and south carolina. heritage is one of the largest, most well-capitalized insurance companies in florida. surplus at heritage p&c is $205 million and surplus at zephyr is $72 million. consolidated in-force premiums at september 30, 2016 were $646 million with approximately 327,000 policies-in-force. the company is listed on the new york stock exchange (ticker: hrtg). with a market capitalization of approximately $460 million, heritage is larger than all but one florida-based property and casualty insurance companies. heritage’s balance sheet is solid with stockholder