secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Insurance Holdings, Inc. (HRTG)
CIK:        0001598665
Form:       8-K
Filed at:   2022-08-05T23:59:59+00:00
Accession:  0001193125-22-212726
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Insurance Q2 net loss $87.9M on $90.8M goodwill impairment; adj income $2.9M
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- Net loss of $87.9M ($3.32 diluted EPS) vs $4.0M loss year ago; includes $90.8M non-cash goodwill impairment
- Adjusted net income of $2.9M ($0.11 diluted EPS) vs adjusted net loss of $4.0M; combined ratio improved 5.8 pts to 99.4%
- Premiums-in-force $1.2B (+3.4%), policies-in-force down 7.3% on planned Florida reduction; TIV outside FL at 74.4%
- Director Steven Martindale resigned Aug 2, 2022 citing potential conflict of interest; no dispute with company

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598665/000119312522212726/0001193125-22-212726-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598665/000119312522212726/d364683d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-212726

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