Hci group takes strategic steps to better position company for future opportunities

Tampa, fla., jan. 22, 2024 (globe newswire) -- hci group, inc. (nyse: hci), a holding company with operations in homeowners insurance, information technology services, real estate, and reinsurance, along with its majority owned subsidiary, typtap insurance group, inc., announced today the undertaking of several strategic steps designed to increase operational and capital flexibility and to better position the company for future growth opportunities. these steps include the modification of the company's relationship with centerbridge partners l.p., including extending the warrant held by centerbridge and redeeming all outstanding preferred shares of typtap insurance group held by centerbridge.
HCI Ratings Summary
HCI Quant Ranking