1347 Property (PIH) Swings to Q1 Loss
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1347 Property Insurance Holdings, Inc. Announces 2015 First Quarter Financial Results and Approval to Write Property and Casualty Insurance in Texas
May 14, 2015 4:30 PM EDTConference Call Scheduled For May 15, 2015 at 10:00 a.m. ET
TAMPA, Fla.--(BUSINESS WIRE)-- 1347 Property Insurance Holdings, Inc. (NASDAQ: PIH) ( the Company), an insurance holding company that focuses on offering property and casualty insurance to individuals, currently writing business in Louisiana through its wholly-owned subsidiary, Maison Insurance Company, today announced financial results for its first quarter ended March 31, 2015.
First Quarter 2015 Financial and Operating Highlights
(unless noted all financial comparisons are to the prior-year quarter)
Direct premiums written were $8.0 million, representing a 41.2% increase over the $5.7 million... More