Heritage Insurance Holdings, Inc. Announces Approved 3.3% Rate Decrease for Property and Casualty Insurance in Florida [Yahoo! Finance]
Heritage Insurance Holdings, Inc. (HRTG)
Last heritage insurance holdings, inc. earnings: 2/27 04:05 pm
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Source: Yahoo! Finance
casualty insurance holding company, is pleased to announce that the Florida Office of Insurance Regulation has approved a 3.3% rate decrease for its Florida homeowner's (HO3) business. This new rate will become effective for both new and renewal policies starting August 20, 2024 This rate decrease is reflective of the positive impacts of the Florida legislative changes which eliminated one-way attorney fees and reduced other abusive claims practices , improving loss trends, and the stabilization of the reinsurance market. These positive developments have enabled Heritage to pass savings on to its policyholders while expecting its margins to remain stable or continue to improve. "Our commitment to providing Florida with affordable and reliable insurance solutions remains steadfast," said Ernie Garateix , Chief Executive Officer of Heritage Insurance. "The approved rate decrease is a testament to our efforts in effective risk management and strategic underwriting practices , as well
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News
- Investing in Heritage Insurance Holdings (NYSE:HRTG) a year ago would have delivered you a 77% gain [Yahoo! Finance]Yahoo! Finance
- Guidewire's (GWRE) InsuranceNow Adopted by United Heritage [Yahoo! Finance]Yahoo! Finance
- Heritage Insurance Holdings, Inc. Announces Approved 3.3% Rate Decrease for Property and Casualty Insurance in FloridaPR Newswire
- Implied Volatility Surging for Heritage Insurance (HRTG) Stock Options [Yahoo! Finance]Yahoo! Finance
- United Heritage Insurance Selects Guidewire InsuranceNow to Modernize Operations for Business Growth [Yahoo! Finance]Yahoo! Finance
HRTG
Earnings
- 5/1/24 - Miss
HRTG
Sec Filings
- 6/10/24 - Form SC
- 6/7/24 - Form 4
- 6/7/24 - Form 4
- HRTG's page on the SEC website