secwatch.observer — SEC 8-K summary
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Issuer:     HCI Group, Inc. (HCI)
CIK:        0001400810
Form:       8-K
Filed at:   2026-06-01T11:48:56+00:00
Accession:  0001193125-26-249754
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

HCI Group places reinsurance towers with $1.96B aggregate Florida limit; total ceded premiums $381.2M
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- Reinsurance Tower 1: $1.06B single-event coverage, retention $10M, private premiums $204.7M plus $30M FHCF.
- Reinsurance Tower 2: $830.3M FL single-event and $605M non-FL single-event coverage; total ceded premiums $156.4M private.
- Reinsurance Tower 3: $431.5M single-event coverage, retention $2.8M; private premiums $75.6M plus $7.6M FHCF.
- Subsidiaries Claddaugh and Fortex Re retain combined max loss $139.8M first event, $52.3M second event; subject to regulatory approval.
- Total net consolidated reinsurance ceded to third parties (excl. subs) estimated at $381.2M for the 2026-2027 treaty year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400810/000119312526249754/0001193125-26-249754-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400810/000119312526249754/hci-20260601.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-249754

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