Financial Data and Key Metrics Changes - The company reported a net income of $2.9 million or $0.11 per diluted share for Q2 2022, a significant improvement from a net loss of $4 million in the prior year quarter [10][19] - The net combined ratio improved to 99.4%, down from 105.2% in Q2 2021, reflecting a 4.7 point improvement in the loss ratio and a 1.1 point improvement from expenses [25][26] - Shareholders' equity decreased to $180.5 million or $6.80 per share, primarily due to a goodwill write-down and unrealized losses on fixed income investments [27][29] Business Line Data and Key Metrics Changes - The average premium per policy increased by 11.5% from Q2 2021, driven by strategic rate increases and selective underwriting [12][13] - In-force premiums grew by 3% from Q1 2022 to over $1.2 billion, while policies in-force decreased by 1.6% from Q1 [22] - The company suspended offering new personal residential policies in highly populated counties in Florida, resulting in an 18.9% reduction in policies in force in the state [16] Market Data and Key Metrics Changes - Net current accident year weather losses increased to $38.1 million, up 7.34% from the prior year quarter, impacting the net loss ratio by 24.1 points [12][25] - The company experienced a nearly 19% year-over-year decrease in personal lines policies in force in Florida [22] Company Strategy and Industry Competition - The company remains committed to proactive rate increases to offset higher loss costs and improve profitability [14][23] - The management is focused on generating underwriting profits and has taken actions to de-risk in certain areas while expanding in others [28][29] - The company is actively evaluating the impacts of legislation on the homeowners insurance marketplace, particularly in Florida, and is cautiously optimistic about potential positive changes [17][18] Management's Comments on Operating Environment and Future Outlook - Management expressed concerns about the litigious practices in Florida, which are driving up costs for property insurance buyers [17] - The company anticipates that rate increases will continue to align with loss costs across all geographies [23] - Management believes that consistent profit generation is essential to regain company value and achieve target returns on equity [29] Other Important Information - The company completed its catastrophe reinsurance program, integrating traditional reinsurance and insurance-linked securities [14] - The adjusted book value per share, after adding back unrealized losses, is $8.35 per share [27] Q&A Session Summary Question: What are the typical rate hikes in Florida and other markets? - The rate increases in Florida have been in the mid-teens, with additional inflation guard factors leading to total premium increases exceeding 20% [37][39] Question: How do you see loss cost trends at this point? - Loss costs have been around 11% to 12% over a 3, 5, and 10-year timeframe, with some recent material price decreases [40][41] Question: What are the RBC ratios looking like? - The RBC ratios are in excess of 320 for Heritage, 400 for Zephyr, and 370 for NBIC [54] Question: What are the expectations for potential regulatory changes in Florida? - The company appreciates recent reforms but believes more needs to be done to limit the litigious nature of the market [63] Question: Will the company consider new markets for growth? - The company is always looking at new markets while continuing to limit exposure in Florida [65]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36462 Heritage Insurance Holdings, Inc. (Exact name of Registrant as specified in its charter) Delaware 45-5338504 (State of Incorporation) (IRS Employer Identification No.) ...

Heritage Insurance Holdings, Inc. (NYSE:HRTG) Q1 2022 Earnings Conference Call May 6, 2022 9:25 AM ET Company Participants Ernie Garateix – Chief Executive Officer Kirk Lusk – Chief Financial Officer Conference Call Participants Marla Backer – Sidoti Paul Newsome – Piper Sandler Matt Carletti – JMP Nick Lacoviello – Dowling and Partners Operator Good morning. And welcome to the Heritage Insurance Holdings, First Quarter 2022, earnings conference call. All participants will be in a listen-only mode. [Operato ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Year Ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36462 Heritage Insurance Holdings, Inc. Delaware 45-5338504 (STATE OF INCORPORATION) (I.R.S. ID) 1401 N. Westshore Blvd., Tampa, FL., 33607 (727) 362-7200 Securities registered pursuant ...

Heritage Insurance Holdings, Inc. (NYSE:HRTG) Q4 2021 Earnings Conference Call March 8, 2022 9:30 AM ET Company Participants Ernie Garateix – Chief Executive Officer Arash Soleimani – Executive Vice President Kirk Lusk – Chief Financial Officer Conference Call Participants Marla Backer – Sidoti Matt Carletti – JMP Operator Good morning, everyone. And welcome to Heritage Insurance Holdings Fourth Quarter 2021 Financial Results Conference Call. My name is Jamie and I will be the Operator today. At this time, ...

Investor Presentation (NYSE: HRTG) November 2021 SAFE HARBOR Statements in this presentation that are not historical facts are forward ‐looking statements that are subject to certain risks and uncertainties that could cause actual events and results to differ materially from those discussed herein. Without limiting the generality of the foregoing, words such as "may," "will," "expect," "believe," "anticipate," "approximate," "plan," "intend," "could," "would," "estimate," or similar expressions are intended ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36462 Heritage Insurance Holdings, Inc. (Exact name of Registrant as specified in its charter) (State of Incorporation) (IRS Employer Delaware 45-5338504 Identification N ...

Heritage Insurance Holdings, Inc. (NYSE:HRTG) Q3 2021 Earnings Conference Call November 5, 2021 9:30 AM ET Company Participants Arash Soleimani - Executive Vice President Ernie Garateix - Chief Executive Officer Kirk Lusk - Chief Financial Officer Conference Call Participants Matt Carletti - JMP Paul Newsome - Piper Sandler Mark Hughes - Truist Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the transcript are designed to hel ...

Heritage Insurance Holdings, Inc. (NYSE:HRTG) Q2 2021 Earnings Conference Call August 6, 2021 9:30 AM ET Company Participants Arash Soleimani – Executive Vice President Ernie Garateix – Chief Executive Officer Kirk Lusk – Chief Financial Officer Conference Call Participants Marla Backer – Sidoti Mark Hughes – Truist Paul Newsome – Piper Sandler Operator Good morning, and welcome to Heritage Insurance Holdings Second Quarter 2021 Financial Results Conference Call. My name is Eily, and I will be the operator ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-36462 Heritage Insurance Holdings, Inc. (Exact name of Registrant as specified in its charter) (State of Incorporation) (IRS Employer Delaware 45-5338504 Identification No.) 2 ...