Tornadoes and prior-year deterioration pressures Heritage combined ratio

The combined ratio of Florida-based Heritage Insurance Holdings
increased by 30.9 percentage points to 95.5 percent in the first
quarter including the impact of a series of severe weather events
and prior-year deterioration.
The expansive Floridian saw a significant worsening of its
combined ratio, which was just 64.6 percent for the same period
last year.
The carrier said the increase included the impact of a number of
severe tornadoes in the first three months of the year, which added
6.7...