Homeowners Choice Inc Announces Senior Notes Offering

Homeowners Choice Inc announced the commencement of an underwritten public offering of its senior unsecured notes. Homeowners Choice intends to use the net proceeds from this offering for working capital and general corporate purposes. Sterne, Agee & Leach, Inc. is acting as sole book-running manager for the offering. Wunderlich Securities, Inc. and Incapital LLC are serving as co-lead managers and JMP Securities LLC, Gilford Securities Incorporated, J.J.B. Hilliard, W.L. Lyons, LLC, and Maxim Group LLC are acting as co-managers for the offering.