Homeowners Choice Declares Regular Quarterly Cash Dividend on Its Common Shares

Tue Jan 22, 2013 7:00am EST

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TAMPA, Fla., Jan. 22, 2013 (GLOBE NEWSWIRE) -- Homeowners Choice, Inc. (NYSE:HCI), a Florida-based
insurance holding company, today announced that its board of directors has declared a regular
quarterly cash dividend in the amount of 22.5 cents per common share for the first quarter of
2013. The dividend will be paid March 15, 2013 to shareholders of record on the close of business
February 15, 2013.

About Homeowners Choice, Inc
http://www.globenewswire.com/newsroom/ctr?d=10018717&l=2&a=About%20Homeowners%20Choice%2C%20Inc&u=http%3A%2F%2Fwww.hcpci.com%2F
.

Homeowners Choice, Inc
http://www.globenewswire.com/newsroom/ctr?d=10018717&l=3&a=Homeowners%20Choice%2C%20Inc&u=http%3A%2F%2Fwww.hcpci.com%2F
. is a Florida-based insurance holding company headquartered in Tampa. Through its subsidiary
corporations, Homeowners Choice
http://www.globenewswire.com/newsroom/ctr?d=219855&a=Homeowners%20Choice&u=http%3A%2F%2Fwww.hcpci.com
 provides property and casualty homeowners' insurance, condominium owners' insurance and tenants'
insurance. The company's common shares trade on the New York Stock Exchange under the ticker
symbol "HCI
http://www.globenewswire.com/newsroom/ctr?d=10018717&l=3&a=HCI&u=http%3A%2F%2Fwww.ir-site.com%2Fhcpci%2Fstock.asp
" and are included in the Russell 2000 Index. Its Series A, cumulative redeemable preferred shares
trade on the NASDAQ Capital Market under the ticker symbol "HCIIP
http://www.globenewswire.com/newsroom/ctr?d=10008158&l=6&a=HCIIP&u=http%3A%2F%2Fwww.ir-site.com%2Fhcpci%2Fstock.asp
." More information about Homeowners Choice
http://www.globenewswire.com/newsroom/ctr?d=219855&a=Homeowners%20Choice&u=http%3A%2F%2Fwww.hcpci.com
 is available at www.hcpci.com
http://www.globenewswire.com/newsroom/ctr?d=10018717&l=3&a=www.hcpci.com&u=http%3A%2F%2Fwww.hcpci.com%2F
.

The Homeowners Choice, Inc. logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=6712
http://www.globenewswire.com/newsroom/ctr?d=10018717&l=4&u=http%3A%2F%2Fwww.globenewswire.com%2Fnewsroom%2Fprs%2F%3Fpkgid%3D6712


Forward-Looking Statements

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,"
"confident," "prospects" 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. 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.

CONTACT: Media Contact:
         Suzie Boland
         RFB Communications Group
         813.259.0345
         sboland@rfbcommunications.com
         
         Investor Relations Contact:
         Jay Madhu
         Homeowners Choice, Inc.
         813.405.3660
         jmadhu@hcpci.com

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