secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Insurance Holdings, Inc. (HRTG)
CIK:        0001598665
Form:       8-K
Filed at:   2024-10-23T23:59:59+00:00
Accession:  0001193125-24-241445
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage estimates $105M net catastrophe losses from Hurricanes Debby, Helene, Milton
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- Q3 2024 net catastrophe loss estimate ~$48M from Hurricanes Debby/Helene; company still expects positive Q3 net income.
- Q4 2024 net catastrophe loss estimate ~$57M from Hurricane Milton; 5,435 claims received with average wait under 1 minute.
- Reinsurance tower of $1.30B; gross losses from Milton may reach third layer ($450M-$914M).
- Hurricane Milton claim count is just under 50% of Hurricane Ian during same timeframe.
- Q3 2024 earnings call on Nov 7, 2024 at 12:00pm ET; results after close on Nov 6.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598665/000119312524241445/0001193125-24-241445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598665/000119312524241445/d574598d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-241445

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