HCI takes $4.9mn Q3 net loss as premium growth continues
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HCI takes $4.9mn Q3 net loss as premium growth continues

HCI fell to a $4.9mn net loss for Q3, versus a $15.4mn profit in the year-ago period, reflecting increased expenses and the comparison to a prior-year one-off gain.

The year-ago period had benefitted from a $37mn gain connected to a sale of property to the Florida Department of Transportation.

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