Equity |
3 Months Ended |
|---|---|
Mar. 31, 2025 | |
| Equity [Abstract] | |
| Equity | Note 20 -- Equity Stockholders’ Equity Common Stock On January 14, 2025, the Company’s Board of Directors declared a quarterly dividend of $0.40 per common share. The dividends were paid on March 21, 2025 to stockholders of record on February 21, 2025. Noncontrolling Interests Exzeo During the three months ended March 31, 2025, Exzeo did not repurchase and retire any shares of common stock from current or former employees. For the three months ended March 31, 2024, Exzeo repurchased and retired a total of 22,787 shares of its common stock surrendered by its employees to satisfy payroll tax liabilities associated with the vesting of restricted shares. The total cost of purchasing noncontrolling interests during the three months ended March 31, 2024 was $33. At March 31, 2025, there were 82,709,589 shares of Exzeo’s common stock outstanding, of which 7,709,589 shares were not owned by HCI. Consolidated Variable Interest Entities As described in Note 14 -- “Variable Interest Entities,” the Company has no equity interest at risk in consolidated VIEs. An insurance exchange receives surplus contributions from its subscribers in addition to policy premiums. The surplus contribution is payable to an insurance exchange on or prior to the initial effective date of coverage, in installments for certain payment plans, and on or prior to the effective date of all endorsements generating an additional premium. |