Heritage swings to Q2 loss on higher weather losses
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Heritage swings to Q2 loss on higher weather losses

Eileen AJ Connelly
August 06, 2021
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Heritage Insurance logo without bar jt.jpg

Heritage Insurance reported a $4mn Q2 loss, reversing a year-ago profit, as weather-related losses increased, reinstatement premium costs rose and investment income tapered off.

Those factors were partially offset by higher net premiums and a lower expense ratio, but still represented a loss of $0.14

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