secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Insurance Holdings, Inc. (HRTG)
CIK:        0001598665
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001193125-22-280319
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Insurance posts Q3 net loss of $48.2M; suspends dividend after Hurricane Ian
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- Net loss of $48.2M ($1.83 diluted EPS) vs net loss of $16.4M ($0.59) in prior-year quarter.
- Gross premiums written rose 11.1% to $304.5M; net earned premiums fell 1.7% to $159.7M.
- Net combined ratio worsened to 133.3% from 112.5%, driven by $40M in catastrophe losses from Hurricane Ian.
- Board temporarily suspends quarterly dividend; will reevaluate quarterly.
- Repurchased 632,744 shares for $1.7M in the quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598665/000119312522280319/0001193125-22-280319-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598665/000119312522280319/d378180d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-280319

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