HCI Group Declares Q4 2016 Regular Quarterly Cash Dividend

TAMPA, Fla., Oct. 17, 2016 (GLOBE NEWSWIRE) -- The board of directors of HCI Group, Inc. (NYSE: HCI), a holding company primarily engaged in homeowners insurance, with additional operations in reinsurance, real estate and information technology, has declared a regular quarterly cash dividend in the amount of 30 cents per common share for the fourth quarter of 2016. The dividend will be paid December 16, 2016 to shareholders of record on the close of business November 18, 2016.

About HCI Group, Inc.HCI Group, Inc. owns subsidiaries engaged in diverse, yet complementary business activities, including homeowners insurance, reinsurance, real estate and information technology. The company's largest subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., is a leading provider of property and casualty insurance in the state of Florida.

The company's common shares trade on the New York Stock Exchange under the ticker symbol "HCI" and are included in the Russell 2000 and S&P SmallCap 600 Index. Its 8% Senior Notes trade on the New York Stock Exchange under the ticker symbol "HCJ." For more information about HCI Group, visit www.hcigroup.com.

Company Contact:
Kevin Mitchell, Vice President of Investor Relations
HCI Group, Inc.
Tel (813) 405-3603
[email protected]

Investor Relations Contact:
Michael Koehler
Liolios Group, Inc.
Tel (949) 574-3860
[email protected]

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