The 70.2% net loss ratio was down 21.5 points compared to the prior year quarter, with a decrease reflecting the inclusion of Hurricanes Debbie and Helene in the prior year quarter and the lack of hurricane activity in the current year quarter. The net expense ratio was 26.2%, up one point compared to the prior year quarter, with the increase primarily driven by a higher ceded premium ratio and higher policy acquisition costs associated with growth outside Florida. During the quarter, the company repurchase ...