UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): October 14, 2014
HERITAGE INSURANCE HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
Delaware | 001-36462 | 45-5338504 | ||
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
Heritage Insurance Holdings, Inc. 2600 McCormick Drive, Suite 300 Clearwater, Florida |
33759 | |
(Address of principal executive offices) | (Zip Code) |
(727) 362-7202
(Registrants telephone number, including area code)
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 8.01 | Other Events. |
On October 15, 2014, Heritage Insurance Holdings, Inc. (the Company) announced that on October 14, 2014 (the Effective Date) it assumed over 2,000 commercial residential policies from Citizens Property Insurance Corporation (Citizens) pursuant to an Assumption Agreement with Citizens and a Consent Order from the Office of Insurance Regulation of the State of Florida. The assumed policies represent over $80 million in gross written premium. Each policyholder has the right to opt-out of the assumption transaction during the 30-day period following the Effective Date. If a policyholder opts-out during such period, the Company will return the applicable unearned premiums to Citizens.
A copy of the press release is attached hereto as Exhibit 99.1.
Item 9.01 | Exhibits. |
Exhibit No. |
Description | |
99.1 | Press Release. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
HERITAGE INSURANCE HOLDINGS, INC. | ||||
Dated: October 20, 2014 | By: | /s/ Stephen Rohde | ||
Name: | Stephen Rohde | |||
Title: | Chief Financial Officer |
Exhibit Index
Exhibit No. |
Description | |
99.1 | Press Release. |