HCI not going back to the ‘well’ of Citizens policies in near term: CEO Patel
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HCI not going back to the ‘well’ of Citizens policies in near term: CEO Patel

The company anticipates a considerable bump in book value after IPO of subsidiary Exzeo.

By Adam Kovac
November 06, 2025
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HCI Group took on 47,000 policies from Citizens, Florida’s insurer of last resort, in October, but there are no plans to take on any more in the short term, according to CEO Paresh Patel.

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News Earnings Personal lines Commercial lines Homeowners' insurance Property North America Florida HCI Group
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