Lauren Valiente
On April 9, 2025, our director, Lauren Valiente, notified in writing the chairman of the board of directors that she will not seek reelection to the board of directors.
Highest-materiality recent filing
Reinsurance Tower 1: $1.06B single-event coverage, retention $10M, private premiums $204.7M plus $30M FHCF.
HCI Group Q1 2026 pre-tax income $115M; diluted EPS $5.45, up from $5.35 YoY
Pre-tax income $115M vs $100M YoY; net income after noncontrolling interests $73M vs $70M.
HCI Group Q4 pre-tax income $144M, EPS $7.25; full year EPS $22.72
Q4 net income after noncontrolling interests $98M vs $3M YoY; diluted EPS $7.25 vs $0.23.
Exzeo Group, HCI subsidiary, enters new CEO employment agreement; awards $3.75M cash bonus
Paresh Patel named CEO of Exzeo Group effective Jan 1, 2026, with base salary of $950,000.
HCI Group Q3 2025 diluted EPS $4.90 vs $0.52; pre-tax income $90.6M
Net income after noncontrolling interests $65.5M, up from $5.7M in Q3 2024.
Exzeo Group prelim Q3 rev $53.5-56.8M, net income $20.1-22.2M; 9mo rev $162-165.3M
Preliminary unaudited Q3 2025 revenue of $53.5M to $56.8M.
HCI Group subsidiary Exzeo files S-1 for proposed IPO; terms not set
Exzeo Group, majority-owned by HCI, publicly filed Form S-1 for IPO of common stock.
HCI Group Q2 pre-tax income $94.4M; diluted EPS $5.18; book value $58.55
Net income after noncontrolling interests was $66.2M, up from $54.1M in Q2 2024; diluted EPS $5.18 vs $4.24.
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.
HCI Group Q1 EPS $5.35 beats $3.81 YoY; plans tax-free spin-off of Exzeo
Q1 diluted EPS $5.35 vs $3.81 YoY; pre-tax income $100.3M, net income $74.2M.
HCI Group Q4 2024 diluted EPS $0.23, full year $8.89; gross premiums up 38%
Q4 2024 diluted EPS $0.23, down from $3.40 in Q4 2023; adjusted EPS $0.31.
HCI Group Q3 2024 net income falls to $5.7M; diluted EPS $0.52 vs $1.34 YoY
Q3 2024 net income after noncontrolling interests of $5.7M, down from $13.2M in Q3 2023.
HCI Group Q2 2024: Pre-tax income $76M, diluted EPS $4.24, gross loss ratio improves to 29.7%
Net income after noncontrolling interests $54.1M vs $12.4M YoY; diluted EPS $4.24 vs $1.28.
HCI Group secures $1.12B Tower 1 and $723.3M Tower 2 reinsurance for 2024-2025
Tower 1 (FL Homeowners Choice): $1.12B single-event limit, $14M retention; private premiums $161.4M, FHCF $49.4M.
HCI Group Q1 net income $57.0M ($3.81 EPS) vs $17.8M ($1.54 EPS) year ago
Pre-tax income $77.4M; adjusted diluted EPS $3.65 vs $1.50 prior year.
CEO Paresh Patel's base salary remains $950,000 under the five-year term ending April 2029.
HCI Group Q4 net income $40.9M ($3.40 EPS); full year net income $89.3M vs loss in 2022
Q4 net income $40.9M ($3.40 diluted EPS) vs $2.7M ($0.18) a year ago; adjusted EPS $3.22.
On April 9, 2025, our director, Lauren Valiente, notified in writing the chairman of the board of directors that she will not seek reelection to the board of directors.
Max materiality 0.85 · Median 0.62 · Most common event other_material