HCI Group estimates $600mn-$750mn gross payout for three hurricanes

HCI is estimated to incur a net expense of $125mn for Milton in Q4 2024.

By Kyoung-son Song

October 16, 2024

HCI Group Paper.jpg

HCI Group expects to pay out an estimated $600mn-$750mn in gross insured losses from hurricanes Debby, Helene and Milton to its policyholders.

The

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Topics

News Florida Claims and losses Catastrophe losses HCI Group