SUNRISE, Fla., Jan. 14, 2013 (GLOBE NEWSWIRE) -- The Board of Directors of Federated National
Holding Company (Nasdaq:FNHC), an insurance holding company, declared a regular quarterly dividend
of $0.02 per common share payable on March 4, 2013 to shareholders of record as of February 4,
2013 at its regular meeting.
About the Company
The Company, through its subsidiaries, underwrites homeowners' property and casualty, commercial
general liability, commercial residential property, flood, personal automobile, commercial
automobile, inland marine, workers' compensation and personal umbrella insurance. The Company is
an admitted carrier for these lines in the state of Florida. The Company is also licensed as an
admitted carrier in the states of Alabama, Georgia, Louisiana and Texas to offer coverage for more
than 300 classes of commercial general liability business, including special events. The Company
is approved to operate as a surplus lines/non-admitted carrier in the states of Arkansas,
Kentucky, Maryland, Missouri, Nevada, Oklahoma, South Carolina, Tennessee, and Virginia and offers
the same general liability products. The Company is licensed and has the facilities to market and
underwrite other insurance carriers' lines of business, as well as to process and adjust claims
for third party insurance carriers.
Forward-Looking Statements /Safe Harbor Statements
Safe harbor statements under the Private Securities Litigation Reform Act of 1995:
Statements that are not historical fact are forward-looking statements that are subject to certain
risks and uncertainties that could cause actual events and results to differ materially from those
discussed herein. Without limiting the generality of the foregoing, words such as "anticipate,"
"believe," "budget," "contemplate," "continue," "could," "envision," "estimate," "expect,"
"guidance," "indicate," "intend," "may," "might," "plan," "possibly," "potential," "predict,"
"probably," "pro-forma," "project," "seek," "should," "target," or "will" or the negative thereof
or other variations thereon and similar words or phrases or comparable terminology are intended to
identify forward-looking statements.
Forward-looking statements might also include, but are not limited to, one or more of the
* Projections of revenues, income, earnings per share, dividends, capital structure or other
financial items or measures;
* Descriptions of plans or objectives of management for future operations, insurance products, or
* Forecasts of future insurable events, economic performance, liquidity, need for funding and
* Descriptions of assumptions or estimates underlying or relating to any of the foregoing.
The risks and uncertainties include, without limitation, uncertainties related to estimates,
assumptions and projections generally; risks related to the nature of the Company's business; the
adequacy of its liability for loss and loss adjustment expense; claims experience; weather
conditions (including the severity and frequency of storms, hurricanes, tornadoes and hail) and
other catastrophe losses; changes in loss trends; court decisions and trends in litigation,
ability to obtain regulatory approval applications for requested rate increases or to underwrite
in additional jurisdictions, and the timing thereof; inflation and other changes in economic
conditions (including changes in interest rates and financial markets); pricing competition and
other initiatives by competitors; legislative and regulatory developments; the outcome of
litigation pending against the Company, and any settlement thereof; dependence on investment
income and the composition of the Company's investment portfolio; insurance agents; ratings by
industry services; reliance on key personnel; acts of war and terrorist activities; and other
matters described from time to time by the Company in releases and publications, and in periodic
reports and other documents filed with the United States Securities and Exchange Commission.
In addition, investors should be aware that generally accepted accounting principles prescribe
when a company may reserve for particular risks, including claims and litigation exposures.
Accordingly, results for a given reporting period could be significantly affected if and when a
reserve is established for a contingency. Reported results may therefore appear to be volatile in
certain accounting periods.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak
only as of the date on which they are made. We do not undertake any obligation to update publicly
or revise any forward-looking statements to reflect circumstances or events that occur after the
date the forward-looking statements are made.
CONTACT: Michael H. Braun, CEO (954) 308-1322
or Peter J. Prygelski, CFO (954) 308-1252
Federated National Holding Company