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home / news releases / FNHC - FedNat Holding units file for bankruptcy protection

FNHC - FedNat Holding units file for bankruptcy protection

FedNat Holding Company

  • FedNat Holding ( OTC:FNHC ) and certain units of the regional insurance holding company have filed for bankruptcy protection.
  • The voluntary petitions were filed under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Florida.
  • The company said it will evaluate all strategic alternatives to maximize value for stakeholders, including a reorganization of business and sale of assets.
  • The ~$6.5M cash on hand is expected to provide liquidity to support day-to-day operations.
  • Source: Press Release

For further details see:

FedNat Holding, units file for bankruptcy protection
Stock Information
Company Name: FedNat Holding Company
Stock Symbol: FNHC
Market: NASDAQ
Website: fednat.com
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