FedNat net Michael losses $23mn
FedNat Holdings Co, the third-largest Florida homeowners’ insurer, said yesterday that its gross losses from last week’s Hurricane Michael will be $275mn but its net losses will fall to a mere $23mn.
FedNat Holdings Co, the third-largest Florida homeowners’ insurer, said yesterday that its gross losses from last week’s Hurricane Michael will be $275mn but its net losses will fall to a mere $23mn.