Heritage Insurance Holdings, Inc. reports news as a super-regional property and casualty insurance holding company focused on personal and commercial residential insurance. Through insurance subsidiaries and a network of agents, the company writes business across a multi-state footprint that includes the Northeast, Southeast, Hawaii and California excess and surplus lines.
Company updates commonly cover quarterly earnings, premium trends, loss and combined ratios, underwriting discipline, rate adequacy, catastrophe exposure, claims and customer-service capabilities, reinsurance capacity, share repurchases and capital allocation. Heritage also discusses data-driven analytics, product expansion and geographic diversification within its residential property insurance portfolio.
Heritage Insurance Holdings, Inc. announced the successful placement of its 2024-2025 catastrophe reinsurance program, costing approximately $422.3 million. The program includes external reinsurance partners, first event reinsurance tower exhaustion points, and catastrophe bonds issued by Citrus Re
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