FedNat to pay $51mn for 1347 PIH insurance operations
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FedNat to pay $51mn for 1347 PIH insurance operations

Gavin Davis, 
Laura Sanicola
26 February 2019
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FedNat has agreed to pay $51mn for all of 1347 Property Insurance Holdings (1347 PIH) homeowners’ insurance operations in a 50/50 cash and stock deal expected to close around 30 June 2019.

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Gavin Davis
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Laura Sanicola
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