08-09-2016 13:10 via insuranceinsider.com

Hermine cat impact limited: Fitch

The impact of Hurricane Hermine on reinsurers and cat bonds is
likely to be limited, according to Fitch Ratings.
However, the agency said that primary insurers in Florida where
the hurricane made landfall may take a hit to their third-quarter
results from the storm.
Companies with the largest homeowners' exposure in the state
include Universal Insurance Holding Group, Tower Hill, State Farm
Mutual, Citizens Property Insurance and Federated National
Insurance.
Hermine made landfall as a Category
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