Heritage Insurance Holdings News

Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients

American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage Insurance Holdings to offer AIG Private Client Group’s (PCG) agents the ability to transfer their upper middle market personal insurance …

Demotech: Expect 2018 Catastrophe Losses to Impact Florida-Based Insurers

After reviewing the year-end financial statements of the Florida-based carriers it rates, Ohio-based ratings agency Demotech is warning that many insurers could see underwriting and operating losses in their year-end financial statements and that those insurers should be prepared to …

Florida-Based Heritage Taps Soleimani as Director of Investor Relations

Heritage Insurance Holdings, Inc., a Florida-based property and casualty insurance holding company, has added Arash Soleimani to its management team as an executive vice president and director of Investor Relations. Soleimani was previously a sell-side analyst for nine years at …

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

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 placement of their 2017-2018 reinsurance programs. The programs are incorporated into …

Florida’s Heritage Insurance to Acquire Hawaii’s Zephyr

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 provide Heritage with an immediate presence in Hawaii as Zephyr holds …

Florida’s Heritage Approved to Write P/C Insurance in North Carolina

Heritage Insurance Holdings Inc., a property/casualty insurance holding company in Clearwater, Florida, announced that its subsidiary Heritage Property & Casualty Company (Heritage P&C) was approved to write property/casualty insurance in North Carolina by the North Carolina Department of Insurance. In …