secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Insurance Holdings, Inc. (HRTG)
CIK:        0001598665
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001193125-24-127876
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Q1 2024 net income $14.2M; combined ratio 94.0%, in-force premium up 6.2%
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- Net income $14.2M ($0.47 diluted EPS) vs $14.0M ($0.55) in Q1 2023; EPS down due to higher share count.
- Gross premiums earned $341.4M (+7.7% YoY); net premiums earned $179.4M (+8.1%).
- Net combined ratio improved to 94.0% from 94.5%; net loss ratio improved 1.8 pts to 56.9%.
- Book value per share $7.67, up 26.8% YoY; dividend suspension continues.
- Policy count down 14.2% but premiums-in-force up 6.2% to $1.39B; commercial residential premium grew 44.4%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598665/000119312524127876/0001193125-24-127876-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598665/000119312524127876/d650398d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-127876

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