Replies to post #18555 on Savvy Trades and Investments

[cliffvb]

That SA hit piece on Fl insurers could well have contributed to the 12% losses HRTG suffered but it was also down much more than the others including HCI which was the focus of the article.

The SP dropped a lot during the CC. Now that there is a transcript on SA, I see that they warned early in the CC that their loss ratio would increase by 8 pts in Q1 due to "extraordinary weather events, 5 tornadoes and heavy rains". Their rapid expansion into new areas may also increase SGA expenses. I didn't really see much else that was negative although maybe Nelson, our FL insurer expert, or others can comment further.