U.S. property and casualty insurers' shares slump as hurricane season losses mount [Globe and Mail, The (Toronto, Canada)]
Heritage Insurance Holdings, Inc. (HRTG)
Last heritage insurance holdings, inc. earnings: 2/27 04:05 pm
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Source: Globe and Mail, The
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 intensified 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 grappled with multiple major hurricanes in 2024, including Hurricane Debby striking Florida in August, Hurricane 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 Industry index was last down 3.1% on Monday. MOUNTING LOSSES Severe and frequent natural disasters have exacerbated the industry's retreat from high-risk areas, particu
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HRTG
News
- Heritage Insurance Trades Above 50-Day SMA: What to Do With the Stock? [Yahoo! Finance]Yahoo! Finance
- Heritage Insurance Holdings Announces Share Repurchase ProgramPR Newswire
- Here's Why We Think Heritage Insurance Holdings (NYSE:HRTG) Is Well Worth Watching [Yahoo! Finance]Yahoo! Finance
- Heritage Insurance Holdings, Inc. (NYSE: HRTG) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Heritage Insurance Holdings, Inc. (NYSE: HRTG) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
HRTG
Earnings
- 11/6/24 - Beat
HRTG
Sec Filings
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- 12/17/24 - Form 4
- HRTG's page on the SEC website