Heritage Insurance Holdings, Inc. (NYSE: HRTG), a property and casualty insurance holding company, announced today the closing of its previously announced private placement of senior secured notes due 2023 with an aggregate principal amount of $79.5 million. The notes bear annual interest equal to the three month LIBOR plus 8.75%.

About Heritage

Heritage Insurance Holdings, Inc. is a property and casualty insurance holding company headquartered in Clearwater, Florida. Its subsidiaries, Heritage Property & Casualty Insurance Company and Zephyr Insurance Company, write approximately $587 million and $58 million, respectively, of personal and commercial residential premium through a large network of experienced agents. The Company is currently writing property and casualty insurance policies in Florida, Hawaii, North Carolina and South Carolina. Heritage Insurance Holdings, Inc. is led by a seasoned senior management team with an average of 30 years of insurance industry experience.