HRTG

Heritage Insurance Holdings, Inc. operates as a property and casualty insurance company specializing in personal residential insurance products. Headquartered in Tampa, Florida, the company primarily provides homeowners insurance coverage in hurricane-prone coastal regions, with a concentration in Florida and expanding presence in additional states including Hawaii, North Carolina, South Carolina, Georgia, Alabama, and Rhode Island. Heritage writes policies through its insurance subsidiaries, including Heritage Property & Casualty Insurance Company and Narragansett Bay Insurance Company, offering dwelling fire, homeowners, and mobile home insurance products to over 700,000 policyholders. The company operates through a network of independent retail agents and employs approximately 600 people. Heritage generates revenue through premium income and fee-based services, utilizing reinsurance programs to manage catastrophic risk exposure. As of recent reports, the company maintains approximately $2.0 billion in total assets and writes over $800 million in annual premiums. In recent years, Heritage has focused on improving underwriting profitability, reducing exposure in certain high-risk markets, and implementing strategic pricing adjustments to address elevated claims frequency and severity. The company went public in 2014 and trades on the New York Stock Exchange. Heritage manages its catastrophe exposure through comprehensive reinsurance treaties and actively monitors its geographic concentration to balance growth opportunities with risk management objectives.