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Condensed Financial Information of HCI Group, Inc. - Statements of Cash Flows (Detail) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Cash flows from operating activities:      
Net income (loss) $ 79,034 $ (58,511) $ 1,856
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Stock-based compensation expense 9,348 15,107 13,754
Net realized investment losses (gains) 1,996 1,187 (6,472)
Net unrealized investment (gains) losses (3,215) 7,153 (1,363)
Net (accretion of discount) amortization of premiums on investments in fixed-maturity securities (4,497) (961) 169
Depreciation and amortization 8,184 8,010 5,549
Net income from limited partnership investments (661) (3,963) (4,947)
Distributions from limited partnership interests 1,148 3,001 3,604
Debt conversion expense 0 0 1,754
Equity in (income) loss of subsidiaries 0 (495) (417)
Total deferred taxes (1,102) (9,881) 1,142
Changes in operating assets and liabilities:      
Income taxes 10,509 1,277 470
Other assets (19,893) (15,581) 4,487
Accrued expenses and other liabilities 14,264 (8,397) 1,642
Net cash (used in) provided by operating activities 230,658 (12) 96,503
Cash flows from investing activities:      
Investments in limited partnership interests (1,483) (1,967) (3,756)
Purchase of fixed-maturity securities (332,152) (614,843) (18,303)
Purchase of equity securities (20,501) (22,887) (102,801)
Purchase of short-term and other investments (81) (42) (1,307)
Purchase of intangible assets (1,786) (3,800) 0
Purchase of property and equipment (6,502) (6,341) (3,318)
Proceeds from sales of fixed-maturity securities 22,326 11,716 23,055
Proceeds from calls, repayments and maturities of fixed-maturity securities 328,719 151,415 23,430
Proceeds from sales of equity securities 12,202 31,605 112,310
Proceeds from sales, redemptions and maturities of short-term and other investments 53 570 3,629
Distributions received from limited partnership interests 3,115 5,360 4,657
Net cash (used in) provided by investing activities 4,269 (434,537) 36,852
Cash flows from financing activities:      
Net proceeds from issuance of common stock 84,572 0 0
Repurchases of common stock (784) (71,242) (1,314)
Repurchases of common stock under share repurchase plan 0 (17,070) 0
Debt issuance costs (378) (6,041) (152)
Cash dividends paid (13,719) (15,233) (14,065)
Cash dividends received under share repurchase forward contract 0 76 306
Net (repayment) borrowing under revolving credit facility 0 (15,000) (8,750)
Debt conversion expense paid 0 0 (1,895)
Net cash provided by (used in) financing activities 67,117 41,067 64,301
Net increase (decrease) in cash and cash equivalents 302,002 (393,580) 197,602
Cash and cash equivalents at beginning of year 237,763    
Cash and cash equivalents at end of year 539,765 237,763  
HCI Group [Member]      
Cash flows from operating activities:      
Net income (loss) 64,488 (58,511) 1,856
Adjustments to reconcile net income (loss) to net cash (used in) provided by operating activities:      
Stock-based compensation expense 4,323 6,430 5,874
Net realized investment losses (gains) 554 1,154 (3,344)
Net unrealized investment (gains) losses (1,060) 1,609 (92)
Net (accretion of discount) amortization of premiums on investments in fixed-maturity securities (41) (110) 3
Depreciation and amortization 1,633 1,403 1,490
Net income from limited partnership investments (737) (3,345) (2,608)
Distributions from limited partnership interests 833 2,123 1,477
Debt conversion expense 0 0 1,754
Equity in (income) loss of subsidiaries (70,832) 47,331 (9,274)
Total deferred taxes 649 (895) 232
Changes in operating assets and liabilities:      
Income taxes (1,247) 11,708 5,067
Other assets 383 (2,805) 2,679
Accrued expenses and other liabilities 1,165 4,078 (5,620)
Due to related parties 8,340 38,696 5,360
Net cash (used in) provided by operating activities 8,451 48,866 4,854
Cash flows from investing activities:      
Investments in limited partnership interests (1,192) (1,261) (2,616)
Investment in note receivable - related party (25,000) (15,000) (40,000)
Purchase of fixed-maturity securities (26,585) (52,576) (1,685)
Purchase of equity securities (4,904) (11,406) (76,786)
Purchase of short-term and other investments (81) (42) (1,307)
Purchase of intangible assets 0 (3,800) 0
Purchase of property and equipment (478) (581) (365)
Proceeds from sales of fixed-maturity securities 33 86 134
Proceeds from calls, repayments and maturities of fixed-maturity securities 26,626 54,178 145
Proceeds from sales of equity securities 4,660 10,975 78,555
Proceeds from sales, redemptions and maturities of short-term and other investments 53 570 3,618
Collection of note receivable - related party 0 0 23,280
Distributions received from limited partnership interests 3,025 4,759 2,567
Dividends received from subsidiary 40,500 51,500 41,900
Investment in subsidiaries (22,000) (41,868) (10,000)
Net cash (used in) provided by investing activities (5,343) (4,466) 17,440
Cash flows from financing activities:      
Net proceeds from issuance of common stock 84,572 0 0
Repurchases of common stock (784) (71,242) (1,314)
Repurchases of common stock under share repurchase plan 0 (17,070) 0
Debt issuance costs (170) (6,041) (152)
Cash dividends paid (13,719) (15,233) (14,065)
Cash dividends received under share repurchase forward contract 0 76 306
Net (repayment) borrowing under revolving credit facility (0) (15,000) (8,750)
Debt conversion expense paid 0 0 (1,895)
Proceeds from issuance of long-term debt 0 172,500 0
Repayment of long-term debt 0 (1) (2)
Net cash provided by (used in) financing activities 69,899 47,989 (25,872)
Net increase (decrease) in cash and cash equivalents 73,007 92,389 (3,578)
Cash and cash equivalents at beginning of year 102,755 10,366 13,944
Cash and cash equivalents at end of year $ 175,762 $ 102,755 $ 10,366