HCI Group, Inc 8-K, filed Aug 6, 2026

HCI Group, Inc. (HCI)

8-K 2026-08-06 For: 2026-08-06

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Added on August 06, 2026

About this 8-K

HCI Group, Inc filed this 8-K on August 6, 2026.

Items reported

Item 2.02: Financial results
Item 9.01: Financial statements and exhibits

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Florida	001-34126	20-5961396
(State or Other Jurisdiction of Incorporation or Organization)	(Commission File Number)	(I.R.S. Employer Identification Number)


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, no par value	HCI	New York Stock Exchange


Exhibit 99.1	Press Release dated August 6, 2026 announcing HCI Group Inc.'s Financial Results for the three and six months ended June 30, 2026.
Exhibit 104	Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.



	HCI Group, Inc.

Date: August 6, 2026	By:	/s/ James Mark Harmsworth
		James Mark Harmsworth Chief Financial Officer


	Three Months Ended
	June 30,
	2026			2025
Gross Written Premiums:
Homeowners Choice	$	228,208		$	227,090
TypTap Insurance Company		110,477			110,412
Condo Owners Reciprocal Exchange		10,848			13,830
Tailrow Reciprocal Exchange		32,812			5,213
Total Gross Written Premiums	$	382,345		$	356,545

Gross Premiums Earned:
Homeowners Choice	$	161,927		$	156,552
TypTap Insurance Company		123,279			124,437
Condo Owners Reciprocal Exchange		5,925			12,811
Tailrow Insurance Exchange		29,693			8,828
Total Gross Premiums Earned	$	320,824		$	302,628

Gross loss and loss adjustment expense ratio		22.2	%		21.3	%

Per Share Metrics
Diluted earnings per share	$	5.60		$	5.18

Dividends per share	$	0.40		$	0.40

Book value per share at the end of period	$	86.60		$	58.55

Shares outstanding at the end of period		12,469,972			12,956,884


☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


	June 30, 2026			December 31, 2025
	(Unaudited)
Assets
Fixed-maturity securities, available-for-sale, at fair value (amortized cost: $1,103,778 and $595,383, respectively and allowance for credit losses: $0 and $0, respectively)	$	1,091,041		$	597,329
Equity securities, at fair value (cost: $55,700 and $61,597, respectively)		59,038			65,890
Limited partnership investments		16,394			17,690
Real estate investments		102,669			103,746
Other investments		5,000			5,000
Total investments		1,274,142			789,655
Cash and cash equivalents		872,336			1,210,126
Restricted cash		4,378			3,748
Income taxes receivable		1,277			1,332
Deferred income tax assets, net		1,088			2,237
Premiums receivable, net (allowance: $5,363 and $4,469, respectively)		77,607			57,494
Prepaid reinsurance premiums		—			50,127
Reinsurance recoverable, net of allowance for credit losses:
Paid losses and loss adjustment expenses (allowance: $0 and $0, respectively)		26,613			27,855
Unpaid losses and loss adjustment expenses (allowance: $73 and $97, respectively)		229,131			262,041
Deferred policy acquisition costs		68,206			59,722
Property and equipment, net		27,503			28,939
Intangible assets, net		1,924			2,683
Funds withheld for assumed business		5,346			5,254
Other assets		58,908			27,715
Total assets	$	2,648,459		$	2,528,928

Liabilities, Redeemable Noncontrolling Interests and Equity
Losses and loss adjustment expenses	$	558,982		$	576,495
Unearned premiums		659,335			643,328
Advance premiums		44,440			19,302
Ceded reinsurance premiums payable		34,772			27,591
Assumed premiums payable		4,049			1,744
Income taxes payable		16,467			12,782
Deferred income tax liabilities, net		1,001			3,814
Revolving credit facility		36,000			36,000
Long-term debt		31,465			31,877
Accrued expenses and other liabilities		82,887			61,351
Total liabilities		1,469,398			1,414,284
Commitments and contingencies
Redeemable noncontrolling interests		5,929			3,359
Equity:
Common stock, (no par value, 40,000,000 shares authorized, 12,469,972 and 12,992,147 shares issued and outstanding, respectively)		—			—
Additional paid-in capital		340,854			428,109
Retained earnings		748,437			611,509
Accumulated other comprehensive (loss) income		(9,382	)		1,459
Total stockholders' equity		1,079,909			1,041,077
Noncontrolling interests		93,223			70,208
Total equity		1,173,132			1,111,285
Total liabilities, redeemable noncontrolling interests and equity	$	2,648,459		$	2,528,928


	Three Months Ended						Six Months Ended
	June 30,						June 30,
	2026			2025			2026			2025
Revenue
Gross premiums earned	$	320,824		$	302,628		$	647,030		$	603,011
Premiums ceded		(101,812	)		(102,522	)		(205,867	)		(202,157	)
Net premiums earned		219,012			200,106			441,163			400,854
Net investment income		18,890			16,445			36,191			30,196
Net realized investment gains		1,222			155			1,756			1,322
Net unrealized investment gains (losses)		743			1,180			(955	)		(726	)
Policy fee income		1,651			1,467			3,227			3,696
Other		5,135			2,567			8,153			3,011
Total revenue		246,653			221,920			489,535			438,353
Expenses
Losses and loss adjustment expenses		71,076			64,457			136,676			123,748
Policy acquisition and other underwriting expenses		32,346			30,551			64,116			57,838
General and administrative personnel expenses		23,948			19,985			46,301			40,468
Interest expense		1,084			3,744			2,007			7,128
Other operating expenses		7,226			8,791			14,078			14,440
Total expenses		135,680			127,528			263,178			243,622
Income before income taxes		110,973			94,392			226,357			194,731
Income tax expense		28,073			24,113			58,414			50,222
Net income	$	82,900		$	70,279		$	167,943		$	144,509
Net income attributable to noncontrolling interests		(9,103	)		(4,119	)		(20,739	)		(8,665	)
Net income after noncontrolling interests	$	73,797		$	66,160		$	147,204		$	135,844
Basic earnings per share	$	5.78		$	5.57		$	11.39		$	12.00
Diluted earnings per share	$	5.60		$	5.18		$	11.05		$	10.57
Dividends per share	$	0.40		$	0.40		$	0.80		$	0.80