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 · 2026-08-07 vs the prior 10-Q · 2026-05-08
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +48 | −31 | ~44 | 112 |
| Market risk (Item 3) | Text added/removed | +48 | −31 | ~44 | 111 |
| Controls & procedures | Text added/removed | +48 | −31 | ~44 | 111 |
| Legal proceedings | Text added/removed | +48 | −31 | ~44 | 111 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | +48 | −31 | ~44 | 110 |
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 · 2026-08-07
changes in interest rates and their impact on investment income or losses on our investment portfolio and on our variable rate indebtedness;
Policy acquisition costs includes $11.4 million and $22.3 million of ceding commission income for the three and six months ended June 30, 2026 and $13.1 million and $24.8 million of ceding commission income for the three and six months ended June 30, 2025.
General and administration includes $3.7 million and $7.3 million of ceding commission income for the three and six months ended June 30, 2026 and $4.3 million and $8.2 million of ceding commission income for the three and six months ended June 30, 2025.
Cash paid for income taxes consisted of the following as of June 30, 2026 and 2025, respectively.
Income taxes paid, net of refunds exceeded 5% of total income taxes paid, net of refunds in the following state and local jurisdictions:
Text removed vs the prior filing · source: 10-Q · 2026-05-08
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.
No cash payments were made for income taxes for the for the three months ended March 31, 2026 and March 31, 2025.
No other new accounting pronouncements issued, but not yet adopted, have had, or are expected to have, a material impact on the Company’s results of operations or financial position.
Includes debt securities at March 31, 2026 with a carrying amount of $3.6 million that were pledged as collateral for the advance agreements entered into with a financial institution in 2024. The Company is permitted to withdraw or exchange any portion of the pledged collateral over the minimum requ…
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-08-07
changes in interest rates and their impact on investment income or losses on our investment portfolio and on our variable rate indebtedness;
Policy acquisition costs includes $11.4 million and $22.3 million of ceding commission income for the three and six months ended June 30, 2026 and $13.1 million and $24.8 million of ceding commission income for the three and six months ended June 30, 2025.
General and administration includes $3.7 million and $7.3 million of ceding commission income for the three and six months ended June 30, 2026 and $4.3 million and $8.2 million of ceding commission income for the three and six months ended June 30, 2025.
Cash paid for income taxes consisted of the following as of June 30, 2026 and 2025, respectively.
Income taxes paid, net of refunds exceeded 5% of total income taxes paid, net of refunds in the following state and local jurisdictions:
Text removed vs the prior filing · source: 10-Q · 2026-05-08
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.
No cash payments were made for income taxes for the for the three months ended March 31, 2026 and March 31, 2025.
No other new accounting pronouncements issued, but not yet adopted, have had, or are expected to have, a material impact on the Company’s results of operations or financial position.
Includes debt securities at March 31, 2026 with a carrying amount of $3.6 million that were pledged as collateral for the advance agreements entered into with a financial institution in 2024. The Company is permitted to withdraw or exchange any portion of the pledged collateral over the minimum requ…
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-08-07
changes in interest rates and their impact on investment income or losses on our investment portfolio and on our variable rate indebtedness;
Policy acquisition costs includes $11.4 million and $22.3 million of ceding commission income for the three and six months ended June 30, 2026 and $13.1 million and $24.8 million of ceding commission income for the three and six months ended June 30, 2025.
General and administration includes $3.7 million and $7.3 million of ceding commission income for the three and six months ended June 30, 2026 and $4.3 million and $8.2 million of ceding commission income for the three and six months ended June 30, 2025.
Cash paid for income taxes consisted of the following as of June 30, 2026 and 2025, respectively.
Income taxes paid, net of refunds exceeded 5% of total income taxes paid, net of refunds in the following state and local jurisdictions:
Text removed vs the prior filing · source: 10-Q · 2026-05-08
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.
No cash payments were made for income taxes for the for the three months ended March 31, 2026 and March 31, 2025.
No other new accounting pronouncements issued, but not yet adopted, have had, or are expected to have, a material impact on the Company’s results of operations or financial position.
Includes debt securities at March 31, 2026 with a carrying amount of $3.6 million that were pledged as collateral for the advance agreements entered into with a financial institution in 2024. The Company is permitted to withdraw or exchange any portion of the pledged collateral over the minimum requ…
Legal proceedings
Text added vs the prior filing · source: 10-Q · 2026-08-07
changes in interest rates and their impact on investment income or losses on our investment portfolio and on our variable rate indebtedness;
Policy acquisition costs includes $11.4 million and $22.3 million of ceding commission income for the three and six months ended June 30, 2026 and $13.1 million and $24.8 million of ceding commission income for the three and six months ended June 30, 2025.
General and administration includes $3.7 million and $7.3 million of ceding commission income for the three and six months ended June 30, 2026 and $4.3 million and $8.2 million of ceding commission income for the three and six months ended June 30, 2025.
Cash paid for income taxes consisted of the following as of June 30, 2026 and 2025, respectively.
Income taxes paid, net of refunds exceeded 5% of total income taxes paid, net of refunds in the following state and local jurisdictions:
Text removed vs the prior filing · source: 10-Q · 2026-05-08
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.
No cash payments were made for income taxes for the for the three months ended March 31, 2026 and March 31, 2025.
No other new accounting pronouncements issued, but not yet adopted, have had, or are expected to have, a material impact on the Company’s results of operations or financial position.
Includes debt securities at March 31, 2026 with a carrying amount of $3.6 million that were pledged as collateral for the advance agreements entered into with a financial institution in 2024. The Company is permitted to withdraw or exchange any portion of the pledged collateral over the minimum requ…
Other information
Text added vs the prior filing · source: 10-Q · 2026-08-07
changes in interest rates and their impact on investment income or losses on our investment portfolio and on our variable rate indebtedness;
Policy acquisition costs includes $11.4 million and $22.3 million of ceding commission income for the three and six months ended June 30, 2026 and $13.1 million and $24.8 million of ceding commission income for the three and six months ended June 30, 2025.
General and administration includes $3.7 million and $7.3 million of ceding commission income for the three and six months ended June 30, 2026 and $4.3 million and $8.2 million of ceding commission income for the three and six months ended June 30, 2025.
Cash paid for income taxes consisted of the following as of June 30, 2026 and 2025, respectively.
Income taxes paid, net of refunds exceeded 5% of total income taxes paid, net of refunds in the following state and local jurisdictions:
Text removed vs the prior filing · source: 10-Q · 2026-05-08
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.
No cash payments were made for income taxes for the for the three months ended March 31, 2026 and March 31, 2025.
No other new accounting pronouncements issued, but not yet adopted, have had, or are expected to have, a material impact on the Company’s results of operations or financial position.
Includes debt securities at March 31, 2026 with a carrying amount of $3.6 million that were pledged as collateral for the advance agreements entered into with a financial institution in 2024. The Company is permitted to withdraw or exchange any portion of the pledged collateral over the minimum requ…
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