HCI Group Provides Update on the Impact of Hurricane Isaias
Globe Newswire•21/10/2026•08:00 ET
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Key Highlights
- ➤Hurricane Isaias impacted only HCI’s Reinsurance Tower 3 in northern Florida
- ➤Reinsurance Tower 3 carries a $15 million retention before reinsurance applies
- ➤Only Token B is expected to be impacted; it remains profitable
- ➤HCI schedules third-quarter 2026 earnings release and conference call for November 4
Expert Statements
Paresh Patel, Chairman and Chief Executive Officer of HCI Group
“Our thoughts are with everyone impacted by Hurricane Isaias. At this time, we are focused on supporting our policyholders by processing their claims as efficiently and effectively as possible”
TAMPA, Fla., Oct. 21, 2026 (GLOBE NEWSWIRE) -- HCI Group, Inc. (NYSE: HCI), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, has received claims from Hurricane Isaias, which made landfall near Destin, Florida as a Category 2 hurricane on October 9, 2026.
“Our thoughts are with everyone impacted by Hurricane Isaias. At this time, we are focused on supporting our policyholders by processing their claims as efficiently and effectively as possible,” said Paresh Patel, HCI’s Chairman and Chief Executive Officer.
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