FedNat Announces $15 Million Investment by Hale Partnership in Monarch National Insurance Company

SUNRISE, Florida, May 24, 2022 (GLOBE NEWSWIRE) — FedNat Holding Company (Nasdaq: FNHC) (FedNat), a regional insurance holding company, has signed an agreement with Hale Capital Management LLC (Hale) under which funds managed by Hale will invest $15,000,000 at FedNat subsidiary National Monarch Insurance Company (MNIC), subject to the fulfillment of certain conditions. Under the … Read more