HCI Group Subsidiary Homeowners Choice Approved to Write Flood Insurance in North Carolina

10/6/17

TAMPA, Fla., Oct. 06, 2017 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE:HCI) announced today that its wholly-owned insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., has received regulatory approval to write flood insurance in North Carolina. Homeowners Choice may begin selling its flood insurance product there once regulators approve rates and policy forms.

About HCI Group, Inc.

HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners’ insurance, reinsurance, real estate and information technology services. The company's largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., is a leading provider of property and casualty insurance in the state of Florida.

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