secwatch.observer — SEC 8-K summary
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Issuer:     Heritage Insurance Holdings, Inc. (HRTG)
CIK:        0001598665
Form:       8-K
Filed at:   2025-05-08T23:59:59+00:00
Accession:  0001193125-25-116055
Event type: other_material
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Heritage fully places 2025-2026 CAT XOL reinsurance program; limit up $285M, cost up $8M
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- Purchased $2.479B limit vs $2.194B prior year; cost $430.9M (+$7.8M).
- Two new catastrophe bonds (Citrus Re) provide $200M limit for hurricane season.
- Retention: $50M Southeast/Hawaii, $39.3M Northeast; FHCF participation 90%.
- Program is indemnity-based, no parametric covers; includes multi-year collateralized bonds.
- CEO cites strong reinsurer commitment and increased retention to match risk tolerance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1598665/000119312525116055/0001193125-25-116055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1598665/000119312525116055/d33733d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-116055

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