Business
Heritage Reports First Quarter 2026 Results
Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2026 financial results.
About this update from Heritage Insurance Holdings, Inc.
[{"type":"text","content":"TAMPA, Fla., May 7, 2026 /PRNewswire/ -- Heritage Insurance Holdings, Inc. (NYSE: HRTG) ("Heritage" or the "Company"), a super-regional property and casualty insurance holding company, today reported first quarter of 2026 financial results.","length":260,"tagName":"p"},{"type":"image","alt":"Heritage Insurance (PRNewsFoto/Heritage Insurance Holdings, Inc) (PRNewsfoto/Heritage Insurance Holdings, In)","displaySize":"","headline":null,"caption":"Heritage Insurance (PRNewsFoto/Heritage Insurance Holdings, Inc) (PRNewsfoto/Heritage Insurance Holdings, In)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":86,"url":"https://media.zenfs.com/en/prnewswire.com/e43fe6ee846e4d751ff980466c3f1d9b"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/kc4RkPWce61n_PoIeGCZ8g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTE1Mg--/https://media.zenfs.com/en/prnewswire.com/e43fe6ee846e4d751ff980466c3f1d9b","width":400,"height":86}},"href":"https://mma.prnewswire.com/media/346373/heritage_insurance_logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"First Quarter 2026 Result Highlights ","length":36,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Heritage reported record first quarter net income of $36.5 million, an increase of 19.7% from net income of $30.5 million in the prior year quarter; and earnings per share of $1.19 per diluted share, an increase of 20.2% from $0.99 per diluted share in the prior year quarter.","length":276,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross and Net premiums earned were consistent with the prior year quarter.","length":74,"tagName":"p"}]},{"val":[{"type":"text","content":"Net loss ratio improved 3.8 percentage points to 45.9%, from 49.7% in the prior year quarter.","length":93,"tagName":"p"}]},{"val":[{"type":"text","content":"Net combined ratio improved by 3.5 percentage points to 81.0%, from 84.5% in the prior year quarter.","length":100,"tagName":"p"}]},{"val":[{"type":"text","content":"Return on average equity of 28.5% with average equity up 65.5% from the prior year quarter.","length":91,"tagName":"p"}]},{"val":[{"type":"text","content":"Book value per share increased 4.6% from year end 2025 and was up 61.5% from the first quarter of 2025.","length":103,"tagName":"p"}]},{"val":[{"type":"text","content":"Firs...