{
  "id": 5641980,
  "title": "HCI Group’s (HCI) Earnings Are Climbing Faster Than They Look",
  "url": "https://urgent.news/2026/09/03/hci-groups-hci-earnings-are-climbing-faster-than-they-look",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-03T11:38:17.000Z",
  "source": {
    "name": "Yahoo Finance",
    "slug": "yahoo-finance",
    "url": "https://finance.yahoo.com/markets/stocks/articles/hci-group-hci-earnings-climbing-113817661.html"
  },
  "original_language": "en",
  "account": "HCI Group reported better-than-expected earnings for the second quarter, with pre-tax income rising 18% to $111 million and diluted earnings per share increasing to $5.60 from $5.18. The Tampa-based insurer attributes the momentum to writing more policies rather than raising premiums. Gross premiums earned grew 6% to $321 million, while the cost of risk passed on to reinsurers fell to $102 million, thanks to new catastrophe reinsurance programs. Net income after noncontrolling interests reached $74 million, up from $66 million. The company's stock repurchase program, launched in March, utilized the full amount by July, buying back 504,330 shares. Book value per share jumped to $86.60, while shares outstanding decreased. However, some costs rose, with losses and loss adjustment expenses growing faster than premiums. Net income attributable to noncontrolling interests increased significantly, but this caused basic earnings per share to fall. Cash on the balance sheet thinned, and institutional money has been trimming its position in HCI Group. The stock trades at a forward price-to-earnings ratio of 9.51, reflecting expectations of limited growth.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}