---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-148205"
form_type: "8-K"
ticker: "HRTG"
cik: "0001598665"
company_name: "Heritage Insurance Holdings, Inc."
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:16:03.779427+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Heritage Insurance fully places 2023-2024 CAT XOL reinsurance program; cost $420.5M, retention $30-40M

## Summary
- Total reinsurance cost of ~$420.5M, 32% of Q1 2023 PIF vs 31% prior year.
- First event consolidated loss retention: ~$40M SE/Hawaii, ~$30M NE.
- Includes $120M NE-only, $115M NE/Hawaii from Citrus Re 2023 cat bonds plus $100M from 2022 bond.
- RAP program provides ~$71M limit at no cost, first-time use for Heritage.
- Premiums-in-force $1.3B in Q1 2023, up 10.9% YoY; avg premium per policy up 21.9% YoY.

## SEC filing metadata
- accession: 0001193125-23-148205
- form_type: 8-K
- ticker: HRTG
- cik: 0001598665
- company_name: Heritage Insurance Holdings, Inc.
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1598665/000119312523148205/0001193125-23-148205-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1598665/000119312523148205/d487440d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-148205
- JSON: https://secwatch.observer/filing/0001193125-23-148205.json
- Plain text: https://secwatch.observer/filing/0001193125-23-148205.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.