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

Issuer:     Heritage Insurance Holdings, Inc. (HRTG)
CIK:        0001598665
Form:       8-K
Filed at:   2025-03-11T23:59:59+00:00
Accession:  0001193125-25-052029
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage Q4 net income $20.3M ($0.66 EPS), down 34% YoY on $57M Hurricane Milton losses
--------------------------------------------------------------------------------

- Net income $20.3M ($0.66 diluted EPS) vs $30.9M ($1.15) in Q4 2023; Hurricane Milton pre-tax impact $57M.
- Gross premiums earned $360.4M (+6.1% YoY); net premiums earned $199.3M (+12.2%).
- Net combined ratio 89.7% (up 4.8 pts from 84.9%); net loss ratio 54.7% (up 3.7 pts).
- Book value per share $9.50, up 30.3% from year-end 2023 and 85.2% from year-end 2022.
- Dividend suspension continues; no share repurchases in quarter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598665/000119312525052029/0001193125-25-052029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598665/000119312525052029/d922142d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-052029

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