HCI Group subsidiary TypTap hits $1bn premium as Citizens depop picks up pace
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HCI Group subsidiary TypTap hits $1bn premium as Citizens depop picks up pace

Shelby Rosenberg, 
Farhin Lilywala, Jai Singh
20 December 2023
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Tampa Florida Skyline

HCI Group subsidiary TypTap has assumed approximately $30mn of in-force premium from Citizens Property Insurance Corporation, Florida’s state-backed insurance company, to surpass $1bn of total premium.

“This [milestone of $1bn premium] is a tremendous accomplishment, as the company started 2023 with less than $740mn of in-force premium,” said Paresh Patel, HCI’s chairman and CEO.

The

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NewsFlorida Citizens
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Shelby Rosenberg
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Farhin Lilywala
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