SUNRISE, Fla., June 29, 2018 (GLOBE NEWSWIRE) -- FedNat Holding Company, formerly known as Federated National Holding Company (Nasdaq:FNHC), announced today the rebranding of its largest insurance subsidiary to the FedNat name. The Company through its wholly owned subsidiaries, is authorized to underwrite and/or place homeowners multi-peril, federal flood and other lines of insurance in Florida and other states. The Company markets, distributes and services its own and third-party insurers’ products and other services through a network of independent and general agents.

FedNat Insurance Company (“FNIC”), formerly known as Federated National Insurance Company, changed its name after recently receiving approval from the Florida Office of Insurance Regulation (“OIR”). FNIC, with operations in several coastal states, has filed notice of the name change for processing with the insurance departments in the additional states where it serves policyholders.

Michael H. Braun, CEO and President, said, “We are excited with our name change which will match our branding initiative which includes aligning our holding company, largest insurance company and our managing general agency with the same FedNat name that our partner agents and staff have known us by for a long time. Our mission remains the same which is to provide best-in-class service to our policyholders and partner agents while providing an appropriate return to our shareholders.”

The Company received approval to change its name at its most recent annual meeting of shareholders. Its trading symbol on Nasdaq, FNHC, and its Company website, www.fednat.com, remain the same.

About the Company

The Company, through its wholly owned subsidiaries, is authorized to underwrite and/or place homeowners multi-peril, federal flood and other lines of insurance in Florida and other states. The Company markets, distributes and services its own and third-party insurers’ products and other services through a network of independent and general agents.