FedNat’s 1347 PIH bid unchallenged as ‘go-shop’ ends
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FedNat’s 1347 PIH bid unchallenged as ‘go-shop’ ends

Laura Sanicola
05 April 2019
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The “go shop” period for FedNat’s purchase of 1347 Property Insurance Holdings (1347 PIH) ended without drawing a rival bid. 

The two companies confirmed FedNat’s acquisition of all of 1347 PIH’s homeowners’ insurance operations in a 50/50 cash and stock deal valued at approximately $51mn in late...

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Laura Sanicola
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