HCI Group Assumes Over 42,000 Policies from Citizens, Representing Approximately $200 Million in Premium
HCI(HCI) GlobeNewswire News Room·2024-10-24 04:15
TAMPA, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, announced today that its insurance subsidiaries have successfully assumed over 42,000 policies from Citizens Property Insurance Corporation, Florida’s state-backed insurance company. The policies assumed represent approximately $200 million of in-force premium. “We successfully navigated a highly competitive Citi ...