Hagerty, Inc. reported the closing of a secondary offering on September 11, 2026, involving the sale of 10,637,500 shares of Class A common stock by selling stockholder Hagerty Holding Corp. The shares were sold at a public offering price of $11.95 per share, including the full exercise of the underwriters' option to purchase an additional 1,387,500 shares. Wells Fargo Securities and J.P. Morgan acted as representatives for the underwriters. Hagerty did not receive any proceeds from this transaction; instead, the selling stockholder intends to use net proceeds to redeem HHC shares for the benefit of the Kim Hagerty Revocable Trust. Hagerty operates in the automotive enthusiast industry, providing vehicle insurance, auctions, media, and membership services.

Hagerty, Inc. announced a secondary public offering of its Class A Common Stock by selling shareholder Hagerty Holding Corp. The offering consists of 8,250,000 shares, with an additional option for underwriters to purchase up to 1,237,500 extra shares. Wells Fargo Securities and J.P. Morgan are acting as lead bookrunning managers. Hagerty will not receive any proceeds from the sale; instead, Hagerty Holding Corp. intends to use net proceeds to redeem a corresponding number of its own shares for the benefit of the Kim Hagerty Revocable Trust. The company operates in the automotive enthusiast insurance and marketplace industry.

Hagerty, Inc. reported financial results for the second quarter and first half of 2026 on August 5, 2026. The company announced a revised full-year outlook, increasing Adjusted EBITDA guidance to $270–$280 million from a prior range of $236–$247 million. First-half written premium grew 19% year-over-year to $713 million, while policies in force reached 1.9 million. Reported net loss was $5 million for the first half due to $153 million in transitional costs related to moving to a 100% quota share arrangement with Markel; excluding these costs, Adjusted EBITDA grew 32% to $160 million. The company also disclosed the pending acquisition of Bennetts, the UK's second-largest specialty motorcycle insurer, for £34 million. Hagerty operates in the automotive enthusiast industry, providing specialty vehicle insurance, auctions, media, and membership services.

Effective July 15, 2026, Hagerty, Inc. adopted a new Executive Severance and Change in Control Plan and updated employment agreements for its executive leadership team. The Severance Plan provides base salary continuation for 24 months for McKeel Hagerty and 18 months for other eligible executives upon regular termination, with enhanced lump-sum payments and equity acceleration upon change in control terminations. New and amended agreements establish base salaries for Russell Page, Patrick McClymont, Kenneth Ahn, and Jeffrey Briglia at not less than $650,000 each, while McKeel Hagerty's base salary is set at not less than $1,200,000. The agreements also define target annual incentive opportunities and equity award values for each executive. Hagerty, Inc. provides insurance and services for classic car owners.