secwatch.observer — SEC 8-K summary
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Issuer:     HCI Group, Inc. (HCI)
CIK:        0001400810
Form:       8-K
Filed at:   2023-03-09T23:59:59+00:00
Accession:  0000950170-23-007060
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HCI Group Q4 net income $2.7M; full-year net loss of $54.6M on Hurricane Ian
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- Q4 2022 diluted EPS $0.18 vs $0.01 in Q4 2021; adjusted diluted EPS $0.06 vs ($0.14).
- Full-year 2022 net loss per share $6.24; adjusted loss per share $5.48.
- Gross premiums earned Q4 $183M (+16.6% YoY); gross loss ratio improved to 39.4%.
- Florida tort reform cited as positive for future market; Hurricane Ian drove FY loss.
- Net investment income Q4 $7.4M, up from $2.6M, on higher interest rates.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400810/000095017023007060/0000950170-23-007060-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400810/000095017023007060/hci-20230309.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-007060

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer