HCI doesn’t plan to raise rates in Florida in 2025: CEO Patel
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HCI doesn’t plan to raise rates in Florida in 2025: CEO Patel

The CEO said his company is in good shape despite the landfall of three storms this year.

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HCI CEO Paresh Patel said the carrier doesn’t plan on raising rates in Florida in 2025, in part to help with the “anxiety” of policyholders including those impacted by hurricanes this year.

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