Wednesday, April 25, 2018
Business

Tampa's Homeowners Choice seeks to offer flood insurance in other states

Tampa-based insurance company HCI Group Inc.'s subsidiaries are trying to expand their flood insurance offerings beyond Florida. HCI has filed with regulators to offer flood coverage in Arkansas, California, Maryland, North Carolina, New Jersey, Ohio, Pennsylvania, South Carolina and Texas.

"A core part of our long-term strategic plan has been — and continues to be — expanding and diversifying our operations geographically," Paresh Patel, CEO of HCI, said in a release.

HCI has about 400 employees. It also offers other types of coverage, including real estate, homeowners' and information technology services insurance.

Contact Malena Carollo at [email protected] or (727) 892-2249. Follow @malenacarollo on Twitter.

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