Florida insurers mixed as the state braces for hurricane Dorian

Fednat Holding Co

30/08/2019 16:08

** Shares in Florida insurers, on track to show weekly losses,
were a mixed bag on Friday as Hurricane Dorian gained strength
as it neared the coast, raising risks of strong winds, a storm
surge and heavy rain for a prolonged period after it is expected
to make landfall in Florida early next week.  urn:newsml:reuters.com:*:nL2N25Q05O
    ** Shares in Fednat Holding Co  FNHC.O  were down 2.7%, on
track for weekly drop of 6.6%, down ~40% YTD
    ** Shares in Heritage Insurance Holdings  HRTG.N  showed a
2.1% drop on the day, was on track for a five-day decline of
~7%, down 9% YTD
    ** Universal Holdings shares up 0.2% on the day but on track
for weekly decline of ~7%, down ~35% YTD. HCI Group  HCI.N  up
-0.4% on the day, down ~7% on the week, ~25% YTD

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Messaging: sinead.carew.thomsonreuters.com@reuters.net))