FedNat Holding Company (FNHC), an insurance holding company, has completed its acquisition of the homeowners insurance operations of 1347 Property Insurance Holdings, Inc. (PIH), consisting of Maison Insurance Co., Maison Managers, Inc., and ClaimCor LLC (collectively, Maison), in a cash …
FedNat Holding Co. has agreed to purchase substantially all of 1347 Property Insurance Holdings homeowners’ insurance operations, consisting of Maison Insurance Co., Maison Managers and ClaimCor in a 50/50 cash and stock transaction valued at approximately $51 million. In addition …
Louisiana Insurance Commissioner Jim Donelon announced that the total policy count for the state’s property insurer of last resort is set to approach 54,500 with the most recent round of depopulation. That number represents a significant drop from a high …
Florida-based 1347 Property Insurance Holdings Inc. is partnering with Brotherhood Mutual Insurance Co. to offer wind/hail coverage in Texas. Under this partnership, 1347 Property Insurance subsidiary, Maison Insurance Co. (Maison), will write supplemental wind and hail policies in alliance with …
Property/casualty insurer, 1347 Property Insurance Holdings Inc., which writes business in Louisiana through its subsidiary, Maison Insurance Co., announced it has been granted a Certificate of Authority to write P/C insurance in Texas Maison Insurance received approval from the Texas …
Tampa, Florida-based 1347 Property Insurance Holdings Inc., which sells homeowners insurance in Louisiana and has plans to expand to other coastal states, announced it has bought out the management services contract with a subsidiary of one of its founding firms, …
Louisiana Insurance Commissioner Jim Donelon announced that the total policy count for Citizens Property Insurance Corp. (Citizens), the state’s insurer of last resort, has dropped by 50 percent from its all-time high in 2008. With this eighth round of the …
