Florida insurers shares tumble as Hurricane Irma looms(Reuters) - Shares of Florida home insurers, including Heritage Insurance Holdings, tumbled on Tuesday and many extended losses later in the day as Hurricane Irma appeared set to hit Florida on Saturday, causing investors to brace for losses.  HCI Group shares posted their biggest-ever one-day percentage drop, falling 20.0 percent at $30.94 and hitting the lowest level since November. Trading volume was 11.6 times the stock s 10-day moving average. Heritage shares hit record lows and closed down 17.0 percent at $9.35 with trading volume 7.0 times the stock s 10-day moving average. Universal Insurance Holdings Inc shares tumbled 14.6 percent in the biggest one-day percentage drop since November 2015. Irma strengthened to a highly dangerous Category 5 storm, with winds of 185 mph, as it barreled toward the Caribbean and the southern United States, threatening deadly winds, storm surges and flooding.   If Irma continues its current path it will create significant insured damage,  said Sandler O Neill analyst Paul Newsome.  It s quite easy for them to wipe out all their earnings for the year.      Shares of United Insurance Holdings fell 7.2 percent, hitting their lowest point since February. Trading volume was 8.1 times the 10-day moving average. Larger insurance companies with a broader geographic exposure were also lower after tumbling last week on expectations of massive losses from Hurricane Harvey, which devastated parts of Texas and Louisiana. Travelers Co was down 3.7 percent after a 5 percent drop last week, and Progressive Corp was down 3.4 percent after falling 5.7 percent last week. Chubb Ltd fell 2.6 percent. Another big hurricane in the same year  adds another level of financial losses even for the big companies with enormous capital bases,  Newsome said. A second hurricane  strains the system  as insurers will have a harder time getting enough people to do loss adjustments in order to settle claims as quickly as possible, he said. worldnews
florida insurers shares tumble hurricane irma looms reuters shares florida home insurers including heritage insurance holdings stumbled tuesday many extended losses later day hurricane irma appeared set hit florida saturday causing investors brace losses hci group shares posted percentage drop falling percent hitting lowest level since november trading volume times stock moving average heritage shares hit record lows closed percent trading volume times stock moving average universal insurance holdings inc shares stumbled percent biggest percentage drop since november irma strengthened highly dangerous category storm winds mph barreled toward caribbean southern united states threatening deadly winds storm surges flooding if irma continues current path create significant insured damage said handler o neil analyst paul awesome it quite easy wipe earnings year shares united insurance holdings fell percent hitting lowest point since february trading volume times moving average larger insurance companies broader geographic exposure also lower tumbling last week expectations massive losses hurricane harvey devastated parts texas louisiana travelers co percent percent drop last week progressive corp percent falling percent last week chub ltd fell percent another big hurricane year adds another level financial losses even big companies enormous capital bases awesome said a second hurricane strains system insurers harder time getting enough people loss adjustments order settle claims quickly possible said worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Florida insurers shares tumble as Hurricane Irma looms(Reuters) - Shares of Florida home insurers, including Heritage Insurance Holdings, tumbled on Tuesday and many extended losses later in the day as Hurricane Irma appeared set to hit Florida on Saturday, causing investors to brace for losses.  HCI Group shares posted their biggest-ever one-day percentage drop, falling 20.0 percent at $30.94 and hitting the lowest level since November. Trading volume was 11.6 times the stock s 10-day moving average. Heritage shares hit record lows and closed down 17.0 percent at $9.35 with trading volume 7.0 times the stock s 10-day moving average. Universal Insurance Holdings Inc shares tumbled 14.6 percent in the biggest one-day percentage drop since November 2015. Irma strengthened to a highly dangerous Category 5 storm, with winds of 185 mph, as it barreled toward the Caribbean and the southern United States, threatening deadly winds, storm surges and flooding.   If Irma continues its current path it will create significant insured damage,  said Sandler O Neill analyst Paul Newsome.  It s quite easy for them to wipe out all their earnings for the year.      Shares of United Insurance Holdings fell 7.2 percent, hitting their lowest point since February. Trading volume was 8.1 times the 10-day moving average. Larger insurance companies with a broader geographic exposure were also lower after tumbling last week on expectations of massive losses from Hurricane Harvey, which devastated parts of Texas and Louisiana. Travelers Co was down 3.7 percent after a 5 percent drop last week, and Progressive Corp was down 3.4 percent after falling 5.7 percent last week. Chubb Ltd fell 2.6 percent. Another big hurricane in the same year  adds another level of financial losses even for the big companies with enormous capital bases,  Newsome said. A second hurricane  strains the system  as insurers will have a harder time getting enough people to do loss adjustments in order to settle claims as quickly as possible, he said. worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: florida insurers shares tumble hurricane irma looms reuters shares florida home insurers including heritage insurance holdings stumbled tuesday many extended losses later day hurricane irma appeared set hit florida saturday causing investors brace losses hci group shares posted percentage drop falling percent hitting lowest level since november trading volume times stock moving average heritage shares hit record lows closed percent trading volume times stock moving average universal insurance holdings inc shares stumbled percent biggest percentage drop since november irma strengthened highly dangerous category storm winds mph barreled toward caribbean southern united states threatening deadly winds storm surges flooding if irma continues current path create significant insured damage said handler o neil analyst paul awesome it quite easy wipe earnings year shares united insurance holdings fell percent hitting lowest point since february trading volume times moving average larger insurance companies broader geographic exposure also lower tumbling last week expectations massive losses hurricane harvey devastated parts texas louisiana travelers co percent percent drop last week progressive corp percent falling percent last week chub ltd fell percent another big hurricane year adds another level financial losses even big companies enormous capital bases awesome said a second hurricane strains system insurers harder time getting enough people loss adjustments order settle claims quickly possible said worldnews