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Heritage Insurance Holdings Inc (HRTG) Q3 2024 Earnings Call Highlights: Strong Revenue Growth ...

By Yahoo! Finance   |   Nov 10, 2024 at 10:00 AM EST
Heritage Insurance Holdings Inc (HRTG) Q3 2024 Earnings Call Highlights: Strong Revenue Growth ...

The Board decided to continue suspending the quarterly dividend, focusing on cautious capital management. Favorable trends in underwriting and rating actions are contributing to sustained profitability, with significant rate momentum expected through 2025. Florida and the Northeast are highlighted for growth, with reserve development mainly driven by Hurricane Irma.

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