Major Rating Factors:
Weak profitability index (2.6 on a scale of 0 to 10) with operating losses during 2025. Fair long-term capitalization index (3.1) based on fair current risk adjusted capital (severe and moderate loss scenarios), although results have slipped from the excellent range during the last year. Fair reserve development (3.6) as reserves have generally been sufficient to cover claims.
Other Rating Factors:
Fair overall results on stability tests (3.8) including excessive premium growth and lack of operational experience. The largest net exposure for one risk is excessive at 8.1% of capital. Excellent liquidity (8.1) with ample operational cash flow and liquid investments.
Stability Factors:
C - Past results on our Risk-Adjusted Capital tests.
D - Limited diversification of general business, policy, and/or investment risk.
E - Lack of operating experience.
G - Fast asset or premium growth.
T - Significant trends in critical asset, liability, income or expense items.
Principal Lines of Business:
Homeowners (100.0%)
Licensed in:
FL
Principal Investments:
Cash (100.0%)
Corporate Info
Group Affiliation
HCI Group Inc
Investment Rating
Company Address
3802 Coconut Palm Dr
Tampa, FL 33619
Tampa, FL 33619
Phone Number
(813) 405-3600
NAIC Number
17706
Website
Largest Affiliates