Heritage Insurance Holdings IncFRA Heritage Insurance Stock Report

Heritage Insurance Holdings, Inc. engages in the provision of personal and residential premium, property, and casualty insurance policies. The company is headquartered in Tampa, Florida and currently employs 612 full-time employees. The company went IPO on 2014-05-23. The company is vertically integrated and controls or manages all aspects of insurance underwriting, customer service, actuarial analysis, distribution and claims processing and adjusting. Through its subsidiaries, Heritage Property & Casualty Insurance Company (Heritage P&C) provides personal and commercial residential property insurance and commercial general liability insurance; Narragansett Bay Insurance Company (NBIC) provides personal and commercial residential property insurance; and Zephyr Insurance Company (Zephyr) provides personal residential wind-only property and multi-peril property insurance. The company provides personal residential insurance in approximately 16 states and commercial residential insurance in three of those states, while maintaining licenses in one additional state.