Latest Heritage Property & Casualty Insurance Headlines

All the headlines from our Heritage Property & Casualty Insurance Topic Page, ordered by recency.

Heritage Insurance Profits Down for Q4 But Up 36% for 2024

Mar 13 2025 // Heritage Insurance Holdings Inc. (HRTG) on Tuesday reported net income of $20.3 million in its fourth quarter, a 34% drop from Q4 in 2023. The Tampa-based company said it had net income of 66 cents per share. The property...

Best Agency to Work For – West Bronze Winner: Heritage Insurance Agency

Dec 3 2024 // It’s a family affair at Heritage Insurance Agency and not just because a husband-and-wife team run the firm. Steve Mora, the principal and CEO, who runs the Chico, California-based agency along with his wife Kelly,...

It’s a Family Affair at Heritage Insurance Agency

Nov 4 2024 // It’s a family affair at Heritage Insurance Agency and not just because a husband-and-wife team run the firm. Steve Mora, the principal and CEO, who runs the Chico, California-based agency along with his wife Kelly,...

Florida’s Heritage Insurance Reports 5,400 Claims, $57M in Cat Losses From Milton

Oct 24 2024 // More loss and claims estimates are trickling in from carriers after Hurricane Milton caused widespread wind and flood damage in Florida this month. Tampa-based Heritage Insurance Holdings said in a preliminary statement...

Florida’s Heritage Insurance Sees More Profits in Q1 This Year

May 3 2024 // Heritage Insurance Holdings Inc. (HRTG) on Wednesday reported earnings of $14.2 million in its first quarter of this year, about the same as earnings for Q1 of 2023, but down from the $31 million in net income reported for...

Florida’s Heritage Insurance Reports Improved Bottom Line for Q4 and Year 2023

Mar 13 2024 // TAMPA, Fla. (AP) — Heritage Insurance Holdings Inc. (HRTG) on Monday reported earnings of $30.9 million in its fourth quarter, more than double what it saw in Q4 2022. The Tampa, Florida-based company said it had profit...

Heritage Insurance Reports Third Straight Quarter of Profit After Shedding Policies

Aug 11 2023 // Tampa-based Heritage Insurance Holdings reported a $7.8 million profit for the second quarter of this year, along with an improved combined ratio, thanks in part to higher premiums and reduced exposure in Florida. The...

Florida’s Heritage Insurance Posts Q4 Profit, But Losses for the Year

Mar 8 2023 // Heritage Insurance Holdings Inc. (HRTG) on Thursday reported fourth-quarter net income of $12.5 million, after reporting a loss in the same period a year earlier. For the year 2022, though, the company reported that its...

Heritage Insurance Authorizes Another Stock Repurchase Plan After Downgrade, Losses

Jan 18 2023 // The board of directors for Tampa-based Heritage Insurance Holdings has authorized the repurchase of $10 million in shares from stockholders, marking the second buy-back plan in recent months. The super-regional company...

Marsh & McLennan Agency Acquires Heritage Insurance Service of Kentucky

Dec 2 2020 // Marsh & McLennan Agency LLC (MMA), the middle market agency subsidiary of Marsh, has acquired Heritage Insurance Service, Inc., an independent agency in Louisville, Ky. Terms of the acquisition were not...

Garateix Promoted to CEO of Heritage Insurance as Lucas Steps Down

Nov 5 2020 // Heritage Insurance Holdings, Inc., a super-regional property and casualty insurance holding company, has announced Ernie Garateix, the company’s chief operating officer, has been promoted to chief executive officer...

Ensurise Merges with Maryland’s American Heritage Insurance Agency

Oct 27 2020 // Independent insurance agency Ensurise LLC has merged with the property and casualty insurance brokerage operations of American Heritage Insurance Agency Inc. The merger was effective October 1, 2020. American Heritage...

Heritage Insurance Holdings of Florida Appoints Lusk as CFO

Feb 5 2018 // Heritage Insurance Holdings, Inc., a property and casualty insurance holding company, has appointed Kirk H. Lusk as its chief financial officer. Until April 28, 2018, Lusk will serve as co-chief financial officer with...

Heritage Insurance Secures $1.7B in Florida Reinsurance Cover for 2017-2018

Jun 6 2017 // Heritage Insurance Holdings, Inc., a property and casualty insurance holding company, announced that its insurance subsidiaries, Heritage Property & Casualty Insurance Co. and Zephyr Insurance Co., have completed the...

Continental Heritage Insurance Launches Ohio Medical Marijuana Bond Program

May 3 2017 // Ohio’s Continental Heritage Insurance Co. has rolled out a program to provide surety bonds to applicants for Ohio’s Medical Marijuana Program. Edward Feighan, an owner and director of Continental Heritage, is...

Florida’s Heritage Insurance to Acquire Hawaii’s Zephyr

Sep 29 2015 // Clearwtaer, Florida-based Heritage Insurance Holdings Inc. has agreed to acquire Zephyr Acquisition Co. and its wholly-owned subsidiary, Zephyr Insurance Co., a specialty insurance provider in Hawaii. The acquisition will...

Florida’s Heritage Insurance Expanding Into Four Coastal States

Jul 17 2015 // Clearwater, Florida-based Heritage Property & Casualty Co. said it has applied to expand into North Carolina, South Carolina, Massachusetts and Rhode Island. “The entry into complementary coastal states positions...

Guernsey’s Heritage Insurance Accorded Lloyd’s Registered Broker Status

Mar 27 2015 // Guernsey-based Heritage Insurance announced that it has been accorded Lloyd’s registered broker status. “This allows Heritage Insurance Solutions, the FCA-regulated arm of the Guernsey-headquartered Heritage...

Heritage Insurance Launches Commercial Residential Program

Jun 2 2014 // Heritage Insurance Holdings, Inc. has launched a new insurance program for commercial residential properties in Florida. The new line will be written by Heritage’s wholly-owned subsidiary, Heritage Property &...

Florida’s Heritage Insurance Sets IPO Price Per Share at $11

May 23 2014 // Clearwater, Florida-based Heritage Insurance Holdings Inc., a property/ casualty insurance holding company, announced the pricing of its initial public offering of 6,000,000 shares of its common stock at a price to the...