More than 68,000 policyholders of three insurance companies owned by Sunrise-based FedNat Holding Group are in for a rude surprise just as hurricane season is getting underway: They'll be getting 45-day notices of cancellation and will have to find a new company or go to state-owned Citizens Property Insurance Corp., the insurer of last resort.
More than 68,000 policies of troubled Sunrise-based FedNat Insurance Company and its sister companies Maison and Monarch National will be canceled by the end of June, according to terms of a consent order filed Friday by the state Office of Insurance Regulation. The cancellations, meant to help FedNat’ s parent company, FedNat Holding Company, survive after.
FedNat Holding Company (NASDAQ:NASDAQ:FNHC) Q1 2022 Results Conference Call May 10, 2022 11:30 AM ET Company Participants Bernie Kilkelly - Investor Relations Mike Braun - President &.