US property and casualty insurers slump as hurricane season brings losses [Yahoo! Finance Canada]
Heritage Insurance Holdings, Inc. (HRTG)
Last heritage insurance holdings, inc. earnings: 2/27 04:05 pm
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Source: Yahoo! Finance Canada
By Manya Saini (Reuters) - U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 on its path toward Florida's western coast, marking yet another costly disaster for the industry to cover this year. Insurers are expected to face catastrophe-related claims for billions of dollars from a devastating hurricane season. Catastrophe losses refer to a significant financial hit that insurance companies incur due to large-scale natural or man-made disasters. These events have been elevated over the past few years and have significantly hurt profits due to substantial payouts tied to widespread property damage, business interruptions and liability claims. The U.S. has already grappled with multiple major hurricanes in 2024 including Hurricane Debby striking Florida in August, Francine which made landfall in Louisiana in September, and more recently Hurricane Helene that hit Florida in the same month. The S&P Insurance Select
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HRTG
News
- Heritage Insurance Holdings, Inc. (NYSE: HRTG) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Heritage Insurance Stock Gains 81% YTD: Should You Buy Now or Hold? [Yahoo! Finance]Yahoo! Finance
- Heritage Insurance Holdings Inc (HRTG) Q3 2024 Earnings Call Highlights: Strong Revenue Growth ... [Yahoo! Finance]Yahoo! Finance
- Results: Heritage Insurance Holdings, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates [Yahoo! Finance]Yahoo! Finance
- Heritage Insurance Holdings, Inc. (NYSE: HRTG) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
HRTG
Earnings
- 11/6/24 - Beat
HRTG
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 10-Q
- 11/8/24 - Form SC
- HRTG's page on the SEC website