{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-028021","form_type":"8-K","ticker":"HCI","cik":"0001400810","company_name":"HCI Group, Inc.","filed_at":"2024-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.059930+00:00","generated_at":"2026-06-05T01:20:42.962033+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HCI Group Q4 net income $40.9M ($3.40 EPS); full year net income $89.3M vs loss in 2022","bullets":["Q4 net income $40.9M ($3.40 diluted EPS) vs $2.7M ($0.18) a year ago; adjusted EPS $3.22.","Q4 gross premiums earned $215.2M (+18% YoY); gross loss ratio improved to 30.4% from 39.4%.","Full year 2023 net income $89.3M ($7.62 EPS) vs net loss $54.6M ($6.24 loss) in 2022.","Full year gross loss ratio 33% vs adjusted 42% in 2022; premiums ceded ratio 35.2%.","CEO: ~30% premium-in-force growth, four Citizens assumptions, new carrier launch, $85M secondary offering."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-028021","json":"https://secwatch.observer/filing/0000950170-24-028021.json","markdown":"https://secwatch.observer/filing/0000950170-24-028021.md","text":"https://secwatch.observer/filing/0000950170-24-028021.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1400810/000095017024028021/0000950170-24-028021-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1400810/000095017024028021/hci-20240307.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T01:20:42.962033+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"73fcc99f04d6379abb7f3b586f30e17ed01d739e","claim":"HCI Group, Inc. reported the year ended December 31, 2023 results: revenue $765.5 million, net income $89.3 million, EPS $7.62 diluted earnings per share.","evidence_excerpt":"measure and reconciliations to the applicable GAAP numbers accompany this press release. 1 Consolidated gross premiums earned for the twelve months of 2023 increased to $765.5 million from $724.7 million in the year ended December 31, 2022. Gross premiums earned for the twelve months of 2023 include $23 million of premium from the assumption of policies from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1400810/000095017024028021/0000950170-24-028021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2023"},{"label":"Revenue","value":"$765.5 million"},{"label":"Net income","value":"$89.3 million"},{"label":"EPS","value":"$7.62 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"ca5661bb37b512343a41712e4fb24beaeb220055","claim":"HCI Group, Inc. reported the fourth quarter of 2023 results: revenue $215.2 million, net income $40.9 million, EPS $3.40 diluted earnings per share.","evidence_excerpt":"completed a secondary common stock offering for proceeds of $85 million.” Fourth Quarter 2023 Commentary Consolidated gross premiums earned in the fourth quarter increased to $215.2 million from $183.0 million in the fourth quarter of 2022. Gross premiums earned in the fourth quarter of 2023 include $23 million of premium from the assumption of policies from","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1400810/000095017024028021/0000950170-24-028021-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter of 2023"},{"label":"Revenue","value":"$215.2 million"},{"label":"Net income","value":"$40.9 million"},{"label":"EPS","value":"$3.40 diluted earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}