Heritage estimates Q3 weather losses to cost $16mn
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Heritage estimates Q3 weather losses to cost $16mn

Heritage Insurance logo storm surge.jpg

Heritage Insurance Holdings said it expects to incur about $16mn in net catastrophe losses for Q3, down from $24.5mn in the same quarter last year.

The decline came despite four major storms striking the US during the quarter: hurricanes Elsa, Fred, Henri and Ida.

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