Heritage Insurance estimates losses under $100 million from Hurricane Matthew claims
Heritage Insurance Holdings Inc. said late Monday it expects losses from Hurricane Matthew claims to be under $100 million, "considerably below" initial estimates and "well within" the Clearwater, Fla.-based property and casualty insurer's $1.9 billion reinsurance coverage. Heritage on Friday had estimated losses around $500 million. The hurricane cut a deadly swath through the southeast U.S. over the weekend after hitting Haiti and other Caribbean nations last week. Shares of Heritage were down... Читать дальше...