HCI added 70k policies from Citizens and ‘retained more than expected’: COO
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HCI added 70k policies from Citizens and ‘retained more than expected’: COO

The loss ratio in the business that HCI assumed was also better than anticipated.

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HCI COO Karin Coleman said that since November 2023, the carrier has selected 70,000 policies to take out from Florida Citizens and added more than $250mn of premium in a few months “with almost no added expense”.

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