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Stock impact report

KBRA Assigns Ratings to Heritage Insurance Holdings, Inc. and its Key Operating Subsidiaries

Heritage Insurance Holdings, Inc. (HRTG) 
Last heritage insurance holdings, inc. earnings: 2/27 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.heritagepci.com
Company Research Source: Business Wire
NEW YORK--(BUSINESS WIRE)-- Kroll Bond Rating Agency (KBRA) assigns the following insurance financial strength ratings (IFSR) to the key operating subsidiaries of Heritage Insurance Holdings, Inc. (HIH) (NYSE: HRTG): BBB+ to Heritage Property & Casualty Insurance Company (HPCIC); A- to Narragansett Bay Insurance Company (NBIC); and BBB+ to Zephyr Insurance Company, Inc. (ZIC) (collectively referred to as Heritage). Additionally, KBRA assigns an issuer rating of BBB- to HIH. The Outlook for all ratings is Stable. Heritage is a leading U.S. domestic residential property insurer with headquarters in Clearwater, Florida. The ratings for Heritage’s operating companies reflect its favorable operating results, continued progress in executing the organization’s strategy to geographically diversify its business profile, and adequate capitalization with conservatively invested asset portfolios. Since the founding Show less Read more
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