HCI Group, Inc., through its subsidiaries, engages in the property and casualty insurance business. The company’s principal operating subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc. (HCPCI), provides property and casualty homeowners’ insurance, condominium-owners’ insurance, and tenants’ insurance to individuals owning property in Florida. HCPCI’s operations are supported by the following subsidiaries: Homeowners Choice Managers, Inc.: It acts as managing general agent and provides marketing, underwriting, claims settlement, accounting, and financial services to HCPCI. Southern Administration, Inc.: It provides policy administration services to HCPCI. Claddaugh Casualty Insurance Company, Ltd.: It participates in the reinsurance program to HCPCI. The company also has various subsidiaries primarily engaged in the businesses of owning and leasing real property, operating marina facilities and one restaurant, and developing software. Other Operations The company owns a real property that included a marina operation in Tierra Verde, Florida. In 2012, the company acquired property in Treasure Island, Florida that includes a marina operation and restaurant. Seasonality The company’s insurance business is seasonal as hurricanes and tropical storms occur during the period from June 1 through November 30 each year. Government Regulation HCPCI is subject to the Florida Office of Insurance Regulation examinations. History The company was incorporated in Florida in 2006. It was formerly known as Homeowners Choice, Inc. and changed its name to HCI Group, Inc. in May 2013.