HCI Group confirms it will retain Hurricane Idalia losses
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HCI Group confirms it will retain Hurricane Idalia losses

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HCI Group said it expects its pre-tax gross loss from Hurricane Idalia to be within its reinsurance retention limits for Homeowners Choice Property & Casualty Insurance Company and TypTap Insurance Company.

“This storm is not expected to require the company to utilise any of the capacity in either of its reinsurance towers,” it said.

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