Insurer stocks jump as Irma losses seen less severe than feared [Reuters]
Heritage Insurance Holdings, Inc. (HRTG)
Last heritage insurance holdings, inc. earnings: 2/27 04:05 pm
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Source: Reuters
Insurer stocks jump as Irma losses seen less severe than feared | Reuters 4 Min Read NEW YORK (Reuters) - Shares of U.S. insurers jumped on Monday, with companies most exposed to Florida posting sharp gains, as loss estimates from Irma were seen as being less severe than feared as it was downgraded to a tropical storm from a hurricane. Insurance stocks have been volatile since late August as investors anticipated significant losses after Hurricane Harvey hit Texas and the southern United States and they braced for property damage from Hurricane Irma. But even as Florida cities dealt with flooding and millions of people were without power after Irma ripped roofs off homes, insurance experts pared their loss estimates. Irma and Harvey were “more likely to be earnings events than capital events” for reinsurers, S&P Global Ratings said on Monday. Last week it had warned of potential capital events - when losses exceed annual earnings and can require raising new capital. “Based on the insu
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News
- Heritage Insurance Holdings, Inc.'s (NYSE:HRTG) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum? [Yahoo! Finance]Yahoo! Finance
- Heritage Announces First Quarter 2024 Earnings Dates [Yahoo! Finance]Yahoo! Finance
- Heritage Announces First Quarter 2024 Earnings DatesPR Newswire
- Heritage Insurance Holdings, Inc. (NYSE: HRTG) had its "market perform" rating re-affirmed by analysts at JMP Securities.MarketBeat
- How to Find Top-Ranked Value Stocks to Buy in April [Yahoo! Finance]Yahoo! Finance
HRTG
Earnings
- 3/11/24 - Beat
HRTG
Sec Filings
- 4/26/24 - Form S-3/A
- 4/25/24 - Form ARS
- 4/25/24 - Form DEFA14A
- HRTG's page on the SEC website