Heritage Insurance Holdings, Inc. (NYSE:HRTG) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET
Company Participants
Kirk Lusk - Chief Financial Officer
Ernie Garateix - Chief Executive Officer
Conference Call Participants
Paul Newsome - Piper Sandler
Mark Hughes - Truist
Karol Chmiel - JMP Securities
Operator
Good morning and welcome to the Heritage Insurance Holdings' Second Quarter 2024 Earnings Call. [Operator Instructions]. Please note today's event is being recorded.
I would now like to turn the conference over to Kirk Lusk, Chief Financial Officer for the company. Please go ahead, sir.
Kirk Lusk
Good morning and thank you for joining us today. We invite you to visit the Investors section of our website, investors.heritagepci.com, where the earnings release and our earnings call will be archived. These materials are available for replay or review at your convenience.
Today's call may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based upon management's current expectations and subject to uncertainty and changes in circumstances.
In our earnings press release and our SEC filings, we detail material risks that may cause our future results to differ from our expectations. Our statements are as of today and we have no obligation to update any forward-looking statements we may make.
For a description of the forward-looking statements and the risks that could cause our results to differ materially from those described in the forward-looking statements, please refer to our annual report on Form 10-K, earnings release, and other SEC filings.
With me on the call today is Ernie Garateix, our Chief Executive Officer. I will now turn the call over to Ernie.
Ernie Garateix
Thank you, Kirk. Good morning, everyone, and thank you for joining us today.
Before I discuss the second quarter, I and the entire Heritage family wish a swift and complete recovery to all those impacted by Hurricane Debbie. Our team has been responding to policyholder needs and remains ready to provide outstanding claims service.
With regard to the second quarter, we achieved another period of strong performance for Heritage, as we continued to execute on our strategic initiatives focused on achieving rate adequacy, maintaining our underwriting discipline, and allocating capital to drive growth and returns as we strive to deliver solid financial results. As part of our strategic initiatives, we significantly curtailed writing personal new business in most of the Northeast and in the majority of the states in the Southeast starting in 2022.