Heritage Insurance (HRTG) Announces Preliminary Third Quarter 2020 Catastrophe and Weather Losses
Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, announced today that it expects to incur approximately $24.5 million of net current accident quarter catastrophe losses in third quarter 2020, primarily from Hurricanes Isaias and Sally.
Additionally, the Company expects to incur approximately $22.8 million of net current accident quarter non-catastrophe weather losses in third quarter 2020, up from $11.9 million in the prior year quarter, primarily reflecting wind and hail events in Florida.
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