CLEARWATER, Fla., June 3, 2010 (GLOBE NEWSWIRE) -- Homeowners Choice, Inc. (Nasdaq:HCII), a Florida-based provider of homeowners' insurance, today announced that Paresh Patel, Executive Chairman, is scheduled to present an overview of the company's operations at the Noble Financial Sixth Annual Equity Conference on Tuesday, June 8, 2010 at the Hard Rock Hotel in Hollywood, Florida.
The Homeowners Choice presentation is scheduled for 1:00 p.m. EDT. The presentation will be broadcast live and will be available by webcast on the company's website www.hcpci.com (under the Events tab of the Investor section) or through the Noble Financial websites www.ontrack10.com or www.nobleresearch.com. Homeowners Choice recommends registering at least 10 minutes before the start of the presentation to ensure timely access. An archive of the webcast will be available for 90 days following the event.
Homeowners Choice, Inc. is a Florida-based insurance holding company headquartered in Clearwater. Through its subsidiary corporations, Homeowners Choice provides property and casualty homeowners' insurance, condominium owners' insurance and tenants' insurance solely to Florida property owners. Founded in 2006, Homeowners Choice today serves approximately 69,000 policyholders throughout Florida representing approximately $127 million in annualized premiums. The company's common shares trade on the NASDAQ Global Market under the ticker symbol HCII and are included in the Russell Microcap Index. Warrants trade on the same market under the ticker symbol HCIIW. More information about Homeowners Choice, Inc. is available at www.hcpci.com.
This news release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "estimate," "expect," "intend," "plan" and "project" and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. For example, there can be no assurance that the company will obtain reinsurance rate relief, improved profitability or bottom-line improvement during 2010. Some of these risks and uncertainties are identified in the company's filings with the Securities and Exchange Commission. Should any risks or uncertainties develop into actual events, these developments could have material adverse effects on the company's business, financial condition and results of operations. Homeowners Choice, Inc. disclaims all obligations to update any forward-looking statements.
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