From Zacks Investment Research: 2025-05-23 17:10:00

The property and casualty insurance industry is expected to grow despite a rise in catastrophic activities. Heritage Insurance Holdings, Inc. (HRTG) and Universal Insurance Holdings, Inc. (UVE) are regional insurers in Florida focusing on homeowners insurance and are expected to benefit from exposure growth and improved pricing. Both insurers are exposed to losses from hurricanes and natural events but are encouraged to focus on Florida due to lower reinsurance costs and legal system reforms. Insurers are seeking reinsurance arrangements and using climate risk modeling to manage risks. HRTG and UVE both show strong growth potential, with HRTG currently performing better in terms of return on equity.



Read more at Zacks Investment Research: HRTG vs. UVE: Which Regional P&C Insurer is a Safer Bet Now? – May 23, 2025