HCI Postpones Home and Flood Insurer TypTap’s IPO Until ‘Conditions Are Appropriate’

Holding company HCI Group announced it is postponing the previously announced initial public offering of its subsidiary, TypTap Insurance Group, Inc. Paresh Patel, HCI chairman and CEO, said current market pricing “does not accurately reflect TypTap’s value” and this the …

from News – Insurance Journal https://ift.tt/33vBBgn