Heritage reports net income & GWP increase in Q4
Reinsurance News - Mar 03, 2023
Heritage Insurance has reported a Q4 2022 net income of $12.5 million compared to a net loss of $49.2 million in the same quarter of 2021, primarily driven by a $60.5 million non-cash, substantially non-deductible, goodwill impairment charge taken in Q4 of 2021. According to Heritage, the goodwill i...
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