secwatch.observer — SEC 8-K summary
======================================

Issuer:     HCI Group, Inc. (HCI)
CIK:        0001400810
Form:       8-K
Filed at:   2025-06-02T23:59:59+00:00
Accession:  0000950170-25-080273
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

HCI Group secures 2025-2026 reinsurance program with $1.28B Florida tower
-------------------------------------------------------------------------

- Three reinsurance towers placed; Tower 1 covers Homeowners Choice and Tailrow Florida policies up to $1.28B per event.
- Tower 2 covers TypTap and non-Florida Homeowners Choice policies with $925M Florida and $506M out-of-state limits.
- Tower 3 covers CORE Florida policies with up to $181M per event retention of $3M.
- Claddaugh participates across all towers with estimated max retained loss of $117M for first event.
- Net consolidated premiums ceded to third parties estimated at ~$422M for the treaty year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400810/000095017025080273/0000950170-25-080273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400810/000095017025080273/hci-20250601.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-080273

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