FedNat Holding Company withdrawing from Louisiana home insurance market

Louisiana home insurance

The insurer is the fourth largest in the state and is leaving due to hurricane-related losses. The fourth largest Louisiana home insurance company, FedNat Holding, has announced that it will stop renewing policies due to the losses it has suffered over the last 15 months from hurricane claims. The homeowners’ insurer has stated that it will also be making its way out of Texas for the same reason. According to the announcement from FedNat, made by its CEO Michael H. Braun, it will be leaving the Texas and Louisiana home…

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