SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report (or Date of Earliest Event Reported): November 6, 2012
Homeowners Choice, Inc.
(Exact Name of Registrant as Specified in Its Charter)
5300 West Cypress Street, Suite 100
Tampa, Florida 33607
(Address of Principal Executive Offices)
(Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
Item 7.01 Regulation FD Disclosure
On November 6, 2012, our wholly-owned subsidiary, Homeowners Choice Property & Casualty Insurance Company, Inc., assumed 59,688 homeowners policies from Citizens Property Insurance Corporation, Floridas state-operated insurance company.
The policies are assumable under the states take-out program, designed to reduce the states risk exposure by encouraging private insurance companies to assume policies from Citizens. Under the take-out rules, affected policyholders are entitled to opt out after the assumption and remain with Citizens. A news release announcing this assumption is attached as Exhibit 99.1 to this form 8-K.
Section 9 Financial Statements and Exhibits
Item 9.01 Exhibits.
Exhibit 99.1 News Release
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Dated: November 9, 2012.
A signed original of this Form 8-K has been provided to Homeowners Choice, Inc. and will be retained by Homeowners Choice, Inc. and furnished to the Securities and Exchange Commission or its staff upon request.