Heritage Q2 CoR improves nearly six points to 99.4% amid Florida chaos
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Heritage Q2 CoR improves nearly six points to 99.4% amid Florida chaos

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Heritage has reported an almost six-point decrease in its Q2 combined ratio to 99.4% compared to the prior-year quarter, while the Florida market faces several ratings downgrades and potential insolvencies.

Despite the looming uncertainty for other companies, Heritage's A rating was recently affirmed by Demotech on August 1.

This week, the Florida Office of Insurance Regulation recommended that delinquency proceedings begin against Weston Property and Casualty.

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