HRTG — what changed in the latest 10-Q
A section-by-section comparison of HRTG's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-05-08 vs the prior 10-Q · 2025-11-07
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +74 | −125 | ~64 | 49 |
| Market risk (Item 3) | Text added/removed | +74 | −125 | ~64 | 48 |
| Controls & procedures | Text added/removed | +74 | −125 | ~64 | 48 |
| Legal proceedings | Text added/removed | +74 | −125 | ~64 | 48 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +74 | −125 | ~64 | 47 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-05-08
Net realized gains (losses) on debt securities and other investments
Income tax benefit (expense) related to items of other comprehensive income
Policy acquisition costs includes $11.0 million and $15.6 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
General and administration includes $3.6 million and $3.8 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
Cash, cash equivalents and restricted cash, beginning of period
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Unpaid losses and loss adjustment expenses$649,584 $1,042,687
Accumulated other comprehensive income, net of taxes(12,938)(28,604)
Three Months Ended September 30, Nine Months Ended September 30,
Net realized gains on debt securities and other investments2,746 6 2,746 17
(1)Policy acquisition costs includes $12.7 million and $37.5 million of ceding commission income for the three and nine months ended September 30, 2025 and $8.9 million and $27.6 million of ceding commission income for the three and nine months ended September 30, 2024, respectively.
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-05-08
Net realized gains (losses) on debt securities and other investments
Income tax benefit (expense) related to items of other comprehensive income
Policy acquisition costs includes $11.0 million and $15.6 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
General and administration includes $3.6 million and $3.8 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
Cash, cash equivalents and restricted cash, beginning of period
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Unpaid losses and loss adjustment expenses$649,584 $1,042,687
Accumulated other comprehensive income, net of taxes(12,938)(28,604)
Three Months Ended September 30, Nine Months Ended September 30,
Net realized gains on debt securities and other investments2,746 6 2,746 17
(1)Policy acquisition costs includes $12.7 million and $37.5 million of ceding commission income for the three and nine months ended September 30, 2025 and $8.9 million and $27.6 million of ceding commission income for the three and nine months ended September 30, 2024, respectively.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-05-08
Net realized gains (losses) on debt securities and other investments
Income tax benefit (expense) related to items of other comprehensive income
Policy acquisition costs includes $11.0 million and $15.6 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
General and administration includes $3.6 million and $3.8 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
Cash, cash equivalents and restricted cash, beginning of period
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Unpaid losses and loss adjustment expenses$649,584 $1,042,687
Accumulated other comprehensive income, net of taxes(12,938)(28,604)
Three Months Ended September 30, Nine Months Ended September 30,
Net realized gains on debt securities and other investments2,746 6 2,746 17
(1)Policy acquisition costs includes $12.7 million and $37.5 million of ceding commission income for the three and nine months ended September 30, 2025 and $8.9 million and $27.6 million of ceding commission income for the three and nine months ended September 30, 2024, respectively.
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-05-08
Net realized gains (losses) on debt securities and other investments
Income tax benefit (expense) related to items of other comprehensive income
Policy acquisition costs includes $11.0 million and $15.6 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
General and administration includes $3.6 million and $3.8 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
Cash, cash equivalents and restricted cash, beginning of period
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Unpaid losses and loss adjustment expenses$649,584 $1,042,687
Accumulated other comprehensive income, net of taxes(12,938)(28,604)
Three Months Ended September 30, Nine Months Ended September 30,
Net realized gains on debt securities and other investments2,746 6 2,746 17
(1)Policy acquisition costs includes $12.7 million and $37.5 million of ceding commission income for the three and nine months ended September 30, 2025 and $8.9 million and $27.6 million of ceding commission income for the three and nine months ended September 30, 2024, respectively.
Other information
Text added vs the prior filing · source: 10-Q · 2026-05-08
Net realized gains (losses) on debt securities and other investments
Income tax benefit (expense) related to items of other comprehensive income
Policy acquisition costs includes $11.0 million and $15.6 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
General and administration includes $3.6 million and $3.8 million of ceding commission income for the three months ended March 31, 2026 and 2025, respectively.
Cash, cash equivalents and restricted cash, beginning of period
Text removed vs the prior filing · source: 10-Q · 2025-11-07
Unpaid losses and loss adjustment expenses$649,584 $1,042,687
Accumulated other comprehensive income, net of taxes(12,938)(28,604)
Three Months Ended September 30, Nine Months Ended September 30,
Net realized gains on debt securities and other investments2,746 6 2,746 17
(1)Policy acquisition costs includes $12.7 million and $37.5 million of ceding commission income for the three and nine months ended September 30, 2025 and $8.9 million and $27.6 million of ceding commission income for the three and nine months ended September 30, 2024, respectively.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice