Heritage reports record Q1 net income of $36.5m
Heritage Insurance Holdings, Inc., a super-regional property and casualty insurance holding company, has reported its most profitable first quarter on record, with net income of $36.5 million in Q1’26, up 19.7% from $30.5 million in the prior-year quarter.The company attributed the increase in net income to higher investment income and lower losses, partly offset by higher general and administrative expenses.In Q1’26, gross premiums written decreased 2.6% to $346.7 million from $356.0 million in Q1’25, prim ...