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Federated National Holding Company Message Board

  • fabulouspoodle fabulouspoodle May 9, 2013 5:30 PM Flag

    great quarter for FNHC..

    ...great growth and a great turnaround. They stated in the conference call that their homeowner's policy count has increased from the 67,000 on 3/31/13 (the number that they mention in the press release) to 80,000 as of today. An increae of 13,000 policies in just five and an half weeks! And they said they expect to continue to grow at a high pace throughout 2013. And unlike the other players (like HCI), they havent done any Citizens takeouts recently....there are growing from within, vetting each policy individually.

    I recommend the conf call to all longs, shorts, or anyone considering FNHC.


18.01-0.46(-2.49%)Sep 26 4:00 PMEDT