HCI Group, Inc. announced on February 26, 2021, directors Jim Macchiarola and Loreen Spencer resigned from the board of directors. On February 26, 2021, board of directors promoted Karin Coleman from Executive Vice President of the company to Chief Operating Officer. On February 26, 2021, board of directors elected Eric Hoffman to the board of directors as a Class A Director. His term will expire at next annual shareholders meeting. Mr. Hoffman is a managing director of Centerbridge Partners, L.P. He joined Centerbridge in 2010 and focuses primarily on investments in the financial services sector. Mr. Hoffman was appointed as a director pursuant to an agreement between us, affiliate TypTap Insurance Group, Inc. and Centerbridge Partners, L.P. described on Form 8-K filed March 1, 2021. In addition, on the same date, board of directors elected Karin Coleman to the board as a Class A Director. Her term will expire at next annual shareholders meeting. Ms. Coleman is the president of insurance subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., and the company's Chief Operating Officer. She joined the company in 2009 as vice president of corporate services.
HCI Group, Inc. is engaged in property and casualty insurance, information technology services, insurance management, real estate and reinsurance. The Companyâs segments include HCPCI insurance operations, TypTap Group, real estate operations, and corporate and other. HCPCI insurance operations segment includes property and casualty insurance, which provides various forms of residential insurance products such as homeowners insurance, fire insurance, flood insurance and wind-only insurance to homeowners, condominium owners and tenants, and reinsurance and other auxiliary operations, which operates through its subsidiary, Claddaugh Casualty Insurance Company Ltd. TypTap Group segment is engaged in the property and casualty insurance business, focusing on standalone flood and homeowners multi-peril policies, and is uses internally developed technology to collect and analyze claims and other supplemental data to generate savings and efficiency for its insurance operations.
HCI GROUP, INC. 
