secwatch.observer — SEC 8-K summary
======================================

Issuer:     Heritage Insurance Holdings, Inc. (HRTG)
CIK:        0001598665
Form:       8-K
Filed at:   2024-11-07T23:59:59+00:00
Accession:  0001193125-24-252373
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Insurance reports Q3 net income of $8.2M vs loss; premiums up 12.6%
----------------------------------------------------------------------------

- Net income $8.2M ($0.27 diluted) vs net loss $7.4M ($0.28 loss) in Q3 2023.
- Net premiums earned $198.8M (+12.6% YoY); gross premiums earned $354.2M (+5.1%).
- Net combined ratio improved to 100.6% from 110.8%; net loss ratio 65.4% improved 9.0 pts.
- Book value per share $9.10, up 61.1% YoY; dividend suspended for strategic growth.
- Retained $48M hurricane losses in quarter; pivot to controlled growth with rate adequacy in >80% territories.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598665/000119312524252373/0001193125-24-252373-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598665/000119312524252373/d884073d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-252373

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer