While a number of Florida-domiciled property insurers have begun rebuilding their policy portfolios in the last 12 months, Tampa-based Heritage Insurance has continued to shed policies in recent years. The selective underwriting strategy, along with other changes, appears to have made a difference: Heritage reported second quarter 2026 profit of almost $62 million. That’s a 28.5% increase in net income for the second quarter of this year, compared to Q2 2025. The publicly traded insurer, ranked 21st-largest in Florida, reported 350,887 policies in force in Q2 2026, for all of the 17 states it writes in. The vast majority of Heritage policies are personal residential.