HCI Group To Acquire Insurance Business In Three Southeast States From United Insurance Holdings Corp.

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The Street

By GlobeNewswire TAMPA, Fla., Dec. 16, 2021 (GLOBE NEWSWIRE) — HCI Group, Inc. (HCI) – Get HCI Group, Inc. Report, a holding company with operations in homeowners insurance, information technology services, reinsurance and real estate, has reached an agreement in principle with United Insurance Holdings Corp. (UIHC) – Get United Insurance Holdings Corp. Report to transition all of United’s personal lines insurance business in the states of Georgia, North Carolina, and South Carolina to HCI. The business to be transitioned represents approximately $90 million of annual premiums. Under the agre…

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