FedNat (NASDAQ: FNHC) is a leading property and casualty insurance provider in the Florida homeowners market. The company also provides homeowners insurance in coastal states including Louisiana, South Carolina, Texas and Alabama. FedNat markets and distributes its own and third party insurersâ products and other services through a network of independent agents. FedNat recently expanded its presence in the risk-adjusted class of the Florida homeowners market, which comprises roughly half of the $9 billion Florida homeowners market, with the acquisition of Monarch National Insurance Company. This expansion combined with further geographic diversification, investments in leadership and technology, and strong underwriting capabilities positions the Company for continued strength in their current markets with substantial opportunity to reach new segments using their core expertise.
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