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H HERITAGE INSURANCE Heritage Reports First Quarter 2021 Results Clearwater , FL - May 5 , 2021 : Heritage Insurance Holdings , Inc. ( NYSE : HRTG ) ( “ Heritage ” or the “ Company ” ) , a super - regional property and casualty insurance holding company , today reported first quarter 2021 financial results . First Quarter 2021 Highlights • • • Net loss of $ 5.1 million , or ( $ 0.19 ) per diluted share . Book value per share of $ 15.32 , down 3.9 % from year - end 2020 . Gross premiums written of $ 274.2 million , up 19.7 % year - over - year . Favorable prior year reserve development of $ 1.6 million . Net current accident year weather losses of $ 31.4 million , up substantially from $ 21.2 million in the prior year quarter . Current accident year weather losses include $ 15.4 million of net current accident quarter catastrophe losses , down from $ 17.0 million in the prior year quarter , and $ 16.1 million of other weather losses , up from $ 4.1 million in the prior year quarter . Total capital returned to shareholders of $ 1.7 million , reflecting $ 0.06 per share regular quarterly dividend . Ernie Garateix , the Company's CEO , said , " We are committed to improving bottom - line results and have implemented meaningful rate increases and underwriting changes that we expect to bear fruit in future periods . " Quarterly Dividend Heritage's Board of Directors declared a quarterly cash dividend of $ 0.06 per share on the Company's common stock . The dividend will be paid on July 6 , 2021 to shareholders of record as of June 15 , 2021 . COVID - 19 Update We continue to monitor the short- and long - term impacts of COVID - 19 and through March 31 , 2021 , we saw virtually no impact to our business . As a residential property insurer , we view our business as : relatively insulated from a short- term economic slowdown , as property owners and renters generally view our products as a necessity . While we acknowledge uncertainties associated with future economic conditions , we do not expect a material impact to our business going forward . We will continue to monitor economic conditions and , in the case of a prolonged economic slowdown as a result of COVID - 19 or its variants , will take necessary actions to mitigate any negative impacts to our business , operations or financial results .