{"schema_version":"secwatch.filing_event.v1","accession":"0001840776-25-000141","form_type":"8-K","ticker":"HGTY","cik":"0001840776","company_name":"Hagerty, Inc.","filed_at":"2025-05-07T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.072272+00:00","generated_at":"2026-05-22T08:58:16.417259+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Hagerty Q1 revenue up 18% to $319.6M; net income up 233%; reaffirms 2025 outlook","bullets":["Total revenue $319.6M (+18% YoY); net income $27.3M (+233%); adjusted EBITDA $39.6M (+45%).","Written premium $244.3M (+12%); earned premium $169.4M (+12%); loss ratio 42.0% (incl. $10.4M wildfire losses).","Marketplace revenue surged 176% to $29.0M, driven by inventory sales including Academy of Art University Collection.","Policies in force retention 89.0% (improved 30 bps); insured vehicles up 8% to 2.6M.","Reaffirmed FY2025 outlook: 12-13% revenue growth, 30-40% net income growth, 21-29% adjusted EBITDA growth."],"urls":{"canonical":"https://secwatch.observer/filing/0001840776-25-000141","json":"https://secwatch.observer/filing/0001840776-25-000141.json","markdown":"https://secwatch.observer/filing/0001840776-25-000141.md","text":"https://secwatch.observer/filing/0001840776-25-000141.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840776/000184077625000141/0001840776-25-000141-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840776/000184077625000141/hgty-20250507.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T08:58:16.417259+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}