HCI to establish Florida carriers to write business from early 2023
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HCI to establish Florida carriers to write business from early 2023

Martha Muir
09 August 2022
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HCI logo fundraise.jpg

HCI Group plans to set up Florida carriers that will begin writing business from early next year because of the opportunity it sees to pick up market share in the state.

Florida’s primary property insurance market was widely regarded as in turmoil ahead of the mid-year renewal after state ratings agency Demotech threatened to downgrade multiple carriers as firms fought to complete their reinsurance programs for the year and hurricane...

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NewsHCI Group
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Martha Muir
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