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HCI's CORE Approved to Operate in Florida
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HCI's sponsored reciprocal insurer, CORE, receives approval from Florida regulators to operate, marking HCI's entry into the commercial residential insurance market. CORE plans to assume policies representing approximately $75 million of in-force premium from Citizens Property Insurance Corporation.
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How might CORE's entry into the commercial residential insurance market impact the competitive landscape and consumer choices?
In what ways could HCI's entry into the commercial residential insurance market influence its overall financial strategy and growth prospects?
What challenges or opportunities could arise from CORE's partnership with Citizens Property Insurance Corporation?
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