Federated National Holding Co (FNHC.O) Company Profile | Reuters.com
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Profile: Federated National Holding Co (FNHC.O)

FNHC.O on Consolidated Issue listed on NASDAQ Global Market

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27 Jun 2016
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Federated National Holding Company (FNHC), incorporated on March 7, 1991, is an insurance holding company that controls all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners' multi-peril (homeowners), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida and various other states. The Company markets, distributes and services its own and third-party insurers' products and its other services through a network of independent agents.

The Company's insurance subsidiary is Federated National Insurance Company (FNIC). FNIC is licensed as an admitted carrier in Florida, Alabama, Louisiana and South Carolina. The Company also serves as managing general agent for Monarch National Insurance Company (MNIC). The Company, through FedNat Underwriters, Inc. (FNU), provides underwriting, accounting, reinsurance placement and claims administration services to Monarch. The Company's independent agents and general agents have the authority to sell and bind insurance coverage in accordance with procedures established by FNU. FNU reviews all coverage bound by the agents and accepts all coverage that falls within stated underwriting criteria. The Company's insurance lines of business include Homeowners' Property and Casualty Insurance, Commercial General Liability, Personal Automobile and Flood.

FNIC and MNIC underwrite homeowners' insurance in Florida, and FNIC underwrites insurance in Alabama, Louisiana and South Carolina. Alabama and Louisiana. The homeowners' policies in-force total approximately 254,100. The Company underwrites for approximately 380 classes of skilled craft workers (excluding home-builders and developers) and mercantile trades (such as owners, landlords and tenants). It markets the commercial general liability insurance products through independent agents and a limited number of general agencies unaffiliated with the Company. The Company markets personal automobile through licensed general agents in their respective territories. FNIC writes flood insurance through the National Flood Insurance Program (NFIP).

The Company competes with Citizens Property Insurance Corporation, Universal Property and Casualty Insurance Company, and Security Insurance Company.

Company Address

Federated National Holding Co

14050 NW 14th St Ste 180
SUNRISE   FL   33323-2851
P: +1954.5819993
F: +1954.3169201

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