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1347 Property (PIH) to Conduct Strategic Review

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1347 Property Insurance Holdings, Inc. to Conduct Strategic Review

October 17, 2016 4:05 PM EDT

TAMPA, Fla.--(BUSINESS WIRE)-- 1347 Property Insurance Holdings, Inc. (NASDAQ: PIH) (PIH or the Company), a property and casualty insurance holding company offering insurance to individual and commercial customers in Louisiana and Texas through its wholly-owned subsidiary, Maison Insurance Company (Maison), today announced that the Company and its Board of Directors have commenced a strategic and financial review to evaluate various means of enhancing shareholder value.

This review will include, among other things, a thorough evaluation of the Company's current operating plan and assessing potential new states or geographies in which PIH can grow while... More