Florida’s Heritage Insurance Reports Improved Bottom Line for Q4 and Year 2023

TAMPA, Fla. (AP) — Heritage Insurance Holdings Inc. (HRTG) on Monday reported earnings of $30.9 million in its fourth quarter, more than double what it saw in Q4 2022.

The Tampa, Florida-based company said it had profit of $1.15 per share.

The property and casualty insurance holding company posted revenue of $187 million in the period.

For the year, the company reported profit of $45.3 million, a significant improvement from 2022’s $154 million net loss. Revenue for 2023 was reported as $735.5 million.