HCI Group
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Floir has greenlit at least 14 new companies for operation in Florida in the last few years, contributing to the competition.
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Despite being hailed as an asset, executives said the current situation is not ideal for either valuation or competitive purposes.
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The Insurance Insider US news team runs you through the earnings results for the day.
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HCI secured three towers with $3.5bn in XoL coverage.
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With plenty of reinsurance capacity, CEO Patel said it’s been a “boring year” for treaty negotiations.
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The Insurance Insider US news team runs you through the earnings results for the day.
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HCI will now consist of two operating units – the other being its four underwriting entities.
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The Insurance Insider US news team runs you through the earnings results for the day.
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The policies represent approximately $35mn of in-force premium.
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Executives have said that the carrier’s conservative reinsurance program made losses sustainable.
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The CEO said his company is in good shape despite the landfall of three storms this year.
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The Insurance Insider US news team runs you through the earnings results for the day.
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