HCI Group, a holding company with a focus on Florida currently ramping up its property insurance business in the state, has raised $85 million through an underwritten public offering.
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7 June 2018 HCI Group, a provider of property/casualty insurance in Florida, has completed its catastrophic reinsurance programme for the 2018-2019 contract year, which runs from June 1, 2018 through May 31, 2019.
18 September 2017 Homeowners’ re/insurer HCI Group said on Sept. 18 that it estimated losses related to Hurricane Irma in the range of $100 million to $300 million for its principal operating subsidiary Homeowners Choice Property & Casualty Insurance Company.