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1 through 20 of 62 matching documents, best matches first. Sort by date

Special Report: Florida Reforms Are a Positive Development; Underwriting Discipline Remains Essential
Recent legislative reforms in the Florida property insurance market have driven substantial earnings in 2025.
Data
Source: Special Reports Date: May 20, 2026
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Special Report: Florida Property Insurance Market Improves; Reinsurance Dependency Remains High

The aggregate combined ratio for active Florida specialists, as well as Citizens, outperformed AM Best’s personal property composite for the first time since 2017.
Data
Source: Special Reports Date: May 30, 2024
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Commentary: Florida Losses from Hurricane Idalia Are Unlikely To Match Hurricane Ian’s
Florida Losses from Hurricane Idalia Are Unlikely To Match Hurricane Ian’s.
Data
Source: Commentaries Date: September 1, 2023

HCI Places June 1 Reinsurance Program Covering $2.41 Billion of Catastrophe Exposure
Claddaugh Casualty Insurance Co. Ltd., the group's own Class 3A Bermuda reinsurer. For the 2023-2024 treaty year, Claddaugh has about $39.4 million of capital at risk and will ...
Source: BestWire Date: June 1, 2023
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Best’s Rankings: Florida Leads Nation in Homeowners Premium
California and fast-growing Idaho and Montana. Direct premium for homeowners carriers, total United States, reached $119.7 billion in 2021, an 8.4% rise from 2020. BestLink reports ...
Source: BestWire Date: November 18, 2022
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CEO: Technology Will Help HCI Overhaul Acquired Book of Business
Homeowners Choice Property & Casualty Insurance Co. Inc. was acquiring about 43,000 policies from Anchor Property & Casualty Insurance Co., representing as much as $69 million in ...
Source: BestWire Date: March 6, 2020
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HCI Reports Fourth-Quarter Net Income of $6.4 Million, Driven by Underwriting, Technology
Homeowners Choice Property & Casualty Insurance Co. Inc., agreed to acquire all policies of homeowners writer Anchor Property & Casualty Insurance Co. Anchor had 43,209 policies in ...
Source: BestWire Date: March 5, 2020
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HCI Executive: Subsidiary Has Surplus to Absorb Closing Florida Homeowners Book at Anchor
April 1, of Anchor Property & Casualty Insurance Co. HCI has sufficient surplus to absorb Anchor's homeowners book and the work that comes with it, said Kevin Mitchell, HCI ...
Source: BestWire Date: February 14, 2020
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HCI Subsidiary to Acquire Policies Written by Anchor
Property & Casualty Insurance Co. Financial terms were not disclosed. Anchor had 43,209 policies in force and about $69 million in annualized premium on June 30, 2019, HCI said in ...
Source: BestWire Date: January 14, 2020
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Special Report: The Florida Market: Bracing for the Next Big Event
AOB reform provides some relief to Florida property insurers, as they prepare for the upcoming hurricane season and deal with reinsurance rate hikes.
Data
Source: Special Reports Date: June 28, 2019
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HCI Chief: AOB Reform Could Mitigate Expected Florida Reinsurance Increase
Officer Paresh Patel said. Florida reinsurance renewals are behind schedule industrywide, Patel said in a conference call. "It's early May and I've yet to hear about a ...
Source: BestWire Date: May 6, 2019
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HCI Chief Executive: Industry Litigation Costs Rising in Florida on AOB Spread, Hurricane Irma
Broward and Palm Beach counties, said Patel. Another one-third is in the Tampa area and the remainder is throughout the rest of the state. HCI posted a fourth-quarter $8.5 million ...
Source: BestWire Date: March 8, 2019
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2018 Best’s Rankings: U.S. Property/Casualty – 6-Month 2018 Financial Results
This Best’s Rankings presents the top property and casualty writers as ranked by 6-month 2018 net premiums written as of June 30, 2018.
Data
Source: Rankings Date: September 3, 2018
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HCI on Failed Federated National Merger: There Are More Fish in the Ocean
Federated National Holding Co. has rejected two merger offers from HCI Group Inc., according to a filing which HCI Group Inc. Chairman and Chief Executive Officer Paresh Patel ...
Source: BestWire Date: May 3, 2018
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HCI: Technology, Rising NFIP Rates Opened Door for Eight-State Private Flood Expansion
Matthew and in 2017 by Irma. TypTap's rates have remained flat. "We were not surprised that in the height of hurricane season we had a hurricane," he said of Irma. "If you change ...
Source: BestWire Date: March 21, 2018
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HCI Net Income Up in Quarter, but Posts Loss for the Year
Paresh Patel called normal in the claims-handling process. In terms of growth, Patel said during a conference call HCI looks for a flat topline in 2018, but it could "change ...
Source: BestWire Date: March 7, 2018
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HCI Group Estimates Up to $334 Million in Hurricane Irma Losses
Homeowners Choice Property & Casualty Insurance Co. Inc. and said the homeowners writer has a $16 million reinsurance retention. Captive reinsurance subsidiary Claddaugh Casualty ...
Source: BestWire Date: September 18, 2017
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Briefing: Hurricane Irma Tests Newer Participants in Florida Market
Hurricane Irma will be remembered as one of the strongest storms ever recorded in the Atlantic Ocean.
Source: Commentaries Date: September 14, 2017

HCI Chief Says Florida Lawsuit Rate Reaches 35% in Assignments of Benefits Problem Area
Chief Executive Officer Paresh Patel. That proportion has stabilized and could improve because of underwriting actions taken early in 2016, Patel said during an earnings call, ...
Source: BestWire Date: February 22, 2017
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Homeowners Choice Offering 17,000 Citizens Policyholders a New Insurance Option
Homeowners Choice Property & Casualty Insurance Co. Inc. is offering 17,000 Citizens Property Insurance Corp. policyholders a chance to become new Homeowners Choice personal ...
Source: BestWire Date: October 19, 2016
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