A move from ratings agency Demotech to require Florida insurers to buy first-event reinsurance based on a one-in-130-year event will not have a big impact on HCI Group, according to CEO Paresh Patel.
A move from ratings agency Demotech to require Florida insurers to buy first-event reinsurance based on a one-in-130-year event will not have a big impact on HCI Group, according to CEO Paresh Patel.