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Homeowners Choice to Celebrate Transfer to New York Stock Exchange: Paresh Patel, Chairman and CEO, to Ring the Closing Bell(R)

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TAMPA, Fla., Oct. 23, 2012 (GLOBE NEWSWIRE) -- Homeowners Choice, Inc. (Nasdaq:HCII), a leading provider of homeowners' insurance, today announced that its executives will visit the New York Stock Exchange to celebrate the company's transfer of its common stock listing from the NASDAQ Global Select Market to the New York Stock Exchange.

Homeowners Choice, Inc. common shares will begin trading on the New York Stock Exchange on Thurs., Oct. 25, 2012 under the new ticker symbol "HCI." In honor of the occasion, Chairman and Chief Executive Officer Paresh Patel, joined by members of the company's management and board, will ring the New York Stock Exchange closing bell.

Contact:

Media interested in covering the bell ringing MUST contact Annmarie Gioia at 212.656.5437 or agioia@nyx.com.

Photo/Video:

Photos available via Associated Press/New York (212.621.1902), Reuters America (646.223.6285), Getty Images (646.613.4141), Bloomberg Photo (212.617.3420) and European Press Agency (917.670.1323). The Closing Bell (starting at 3:55 p.m.) feed is available via Encompass loop #4009. Media seeking footage via The Switch should contact NYSE Broadcast at 212.656.5483.

Facebook/Twitter/YouTube:

For photos and video of the bell ringing, connect with NYSE Euronext on Facebook (NYSE Euronext-Official Site), YouTube (nysetv1), and Twitter (@NYSEEuronext), #NYSEBell.

About Homeowners Choice, Inc.

Homeowners Choice, Inc. is a Florida-based insurance holding company headquartered in Tampa. Through its subsidiary corporations, Homeowners Choice provides property and casualty homeowners' insurance, condominium owners' insurance and tenants' insurance. Founded in 2006, Homeowners Choice serves approximately 110,000 policyholders throughout Florida representing approximately $220 million in annualized premiums. The company expects its shares to begin trading on the New York Stock Exchange on Oct. 25, 2012, under the new ticker symbol "HCI." Until the transfer is complete, the company's common shares will continue to trade on the NASDAQ Global Select Market under the ticker symbol HCII. The company's common shares are included in the Russell 2000 Index. Its warrants trade on the NASDAQ Global Market under the ticker symbol HCIIW. Its Series A, cumulative redeemable preferred shares trade on the NASDAQ Capital Market under the ticker symbol HCIIP. More information about Homeowners Choice, Inc. is available at www.hcpci.com.

The Homeowners Choice, Inc. logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=6712

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

Source:Homeowners Choice, Inc.