FedNat Holding Company (FNHC) Announces Strategy Shift; Reports Q3 Earnings
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FedNat Reports Third Quarter 2021 Results and Announces Major Shift in Company Strategy
November 8, 2021 4:01 PM ESTSUNRISE, Fla., Nov. 08, 2021 (GLOBE NEWSWIRE) -- FedNat Holding Company (the Company or "FedNat") (Nasdaq: FNHC) today reported results for the three and nine months ended September 30, 2021. The Company also announced its intent to refocus its operations on the Florida homeowners market and to exit non-Florida markets.
Refocus on Florida Homeowners Market
FedNat announced its intent to refocus operations on the Florida market, which has been the Companys historical focus since its founding in 1992. In conjunction with this decision, FedNat has elected to commence an orderly runoff of the insurance operations of... More
