Investment firm pumps $100 million into HCI insurtech TypTap

Centerbridge Partners has invested $100 million in TypTap Insurance Group, an insurtech subsidiary of HCI Group in Tampa.

The investment implies a post-money valuation for TypTap of approximately $850 million, a news release said. Centerbridge, a private investment firm, will own about 12 percent of TypTap. TypTap could become a separate publicly traded company in the future under terms of the deal.

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Daniel Black conducts TFO brass and percussion concerts today

The Florida Orchestra comes blasting back today with a full-blooded pops program of music for brass and percussion at the Mahaffey Theater.

That’s right, it’s a holiday for strings, and woodwinds and the others. The program, “Daniel Black and the (TFO) Brass Cats” (at 2 and 8 p.m.) features approximately 20 musicians, all of them either brass players or percussionists.