FedNat Holding (FNHC) Misses Q3 EPS by 99c

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FedNat Holding Company (FNHC) Announces Strategy Shift; Reports Q3 Earnings

November 8, 2021 4:02 PM EST

FedNat Holding Company (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 Maison Insurance Company (Maison). Maison will be filing appropriate... More