updated 4/12/2011 4:47:17 PM ET 2011-04-12T20:47:17

CLEARWATER, Fla., April 12, 2011 (GLOBE NEWSWIRE) -- Homeowners Choice, Inc. (Nasdaq:HCII), a Florida-based provider of homeowners' insurance, today announced that it will hold its Annual Meeting of Shareholders on May 25, 2011 at 3 p.m. at its Tampa offices, 5300 West Cypress Street, Tampa, Fl 33607. Shareholders will be admitted beginning at 2:30 p.m. The record date for the meeting has been set as Friday, April 15, 2011. Shareholders of record at the close of business on the record date will be entitled to vote in the meeting. The meeting agenda includes election of directors, ratification of the company's outside auditors and a presentation by the company's management.

About Homeowners Choice, Inc.

Homeowners Choice, Inc. is a Florida-based insurance holding company headquartered in Clearwater. Through its subsidiary corporations, Homeowners Choice provides property and casualty homeowners' insurance, condominium owners' insurance and tenants' insurance. Founded in 2006, Homeowners Choice today serves approximately 65,000 policyholders throughout Florida representing approximately $135 million in annualized premiums. The company's common shares trade on the NASDAQ Global Select Market under the ticker symbol HCII and are included in the Russell Microcap Index. Its warrants trade on the same market under the ticker symbol HCIIW. Its 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.
         727.213.3660
         jmadhu@hcpci.com

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