Private company
FedNat Holding Co
American fire company based in New York, incorporated in Florida2
In its 2022 annual report the company says: “FedNat Holding Company is a regional insurance holding company that controls substantially all aspects of the insurance underwriting, distribution and claims processes through our subsidiaries and contractual relationships with independent agents and general agents. We, through our wholly owned subsidiaries, are authorized to underwrite, and/or place homeowners multi-peril, federal flood and other lines of insurance in Florida and other states.”49
Last updated Oct 21, 2026.
Overview
- IndustryFire, Marine & Casualty Insurance2
- HeadquartersNew York, United States2
- Incorporated inFL3
- Business address14050 Nw 14 Street, Suite 180, Sunrise, Fl 333233
- Filer categoryAccelerated filer, Smaller reporting company3
- Legal formProfit Corporation2
- LEI549300TFR6HALUYTYJ662
- StatusActive2
- LEI statusLapsed (not renewed)2
- Registered addressC/O Mackle, Cia, 33143 Coral Gables, United States2
- Registered withFlorida Division of Corporations, S362992
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2021
Where the money goes
Where each dollar of revenue went, fiscal 2021
- Other costs96¢$236.5M
- Interest4¢$8.8M
- Income tax0¢$316.0K
Out of $245.5M in revenue.4 The company lost money this year.
Financial statements
No quarterly figures reported.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Revenue | $243.5M5 | $307.5M6 | $391.7M7 | $396.1M8 | $415.0M4 | $431.9M4 | $245.5M4 |
| Operating expenses | $348.3M4 | ||||||
| Interest | $256.0K5 | $348.0K6 | $348.0K7 | $4.2M8 | $10.8M4 | $7.7M4 | $8.8M4 |
| Income before tax | -$102.8M4 | ||||||
| Income tax | $24.1M5 | $542.0K6 | $3.6M7 | $5.5M8 | -$298.0K4 | -$33.5M4 | $316.0K4 |
| Net income | $39.3M5 | $1.0M6 | $8.0M7 | $14.9M8 | $1.0M4 | -$78.2M4 | -$103.1M4 |
| Earnings per share | $2.865 | $0.076 | $0.617 | $1.178 | $0.084 | -$5.644 | -$6.184 |
| Earnings per share (diluted) | $2.815 | $0.076 | $0.607 | $1.168 | $0.084 | -$5.644 | -$6.184 |
| Shares (weighted, basic) | 16.7M shares4 | ||||||
| Shares (weighted, diluted) | 16.7M shares4 |
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash | $53.0M6 | $74.6M6 | $86.2M6 | $64.4M7 | $133.4M8 | $102.4M4 | $83.5M4 |
| Goodwill | $04 | ||||||
| Total assets | $699.3M10 | $815.4M5 | $904.9M6 | $925.4M7 | $1.2B8 | $1.4B4 | $1.4B4 |
| Long-term debt | $4.9M5 | $49.3M6 | $44.4M7 | $98.5M8 | $98.7M4 | $118.8M4 | |
| Total liabilities | $448.5M10 | $580.9M5 | $677.4M6 | $710.1M7 | $930.3M8 | $1.3B4 | $1.4B4 |
| Retained earnings | -$125.8M4 | ||||||
| Shareholders’ equity | $232.6M10 | $215.7M5 | $211.6M6 | $215.3M4 | $248.7M4 | $158.2M4 | $59.4M4 |
| Shares outstanding | 13.8M shares10 | 13.5M shares5 | 13.0M shares6 | 12.8M shares7 | 14.4M shares8 | 13.7M shares4 | 17.4M shares4 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $52.9M5 | $69.8M6 | $13.1M7 | $30.3M8 | $35.3M4 | -$91.9M4 | -$191.2M4 |
| Depreciation and amortization | $1.9M4 | ||||||
| Stock-based compensation | $1.2M4 | ||||||
| Capital spending | $1.7M5 | $2.1M6 | $976.0K7 | $2.0M8 | $2.0M4 | $3.4M4 | $1.8M4 |
| Free cash flow | $51.2M | $67.6M | $12.1M | $28.2M | $33.3M | -$95.3M | -$193.0M |
| Cash from investing | $136.9M4 | ||||||
| Dividends paid | $1.8M5 | $4.7M6 | $4.3M7 | $4.2M8 | $4.3M4 | $5.1M4 | $04 |
| Share buybacks | $05 | $11.3M6 | $10.6M7 | $5.1M8 | $3.4M4 | $10.4M4 | $04 |
| Cash from financing | $35.4M4 | ||||||
| Dividend per share | $0.185 | $0.276 | $0.327 | $0.248 | $0.334 | $0.364 | $0.004 |
Corporate structure
FedNat Holding Co sits at the top of its group. 4 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of FedNat Holding Co
- Steven A. Hale Ii. Filed SC 13D/A on FedNat Holding Co, latest May 25, 2022
- FG Communities Holdings Inc. Filed SC 13D/A on FedNat Holding Co, latest Apr 6, 2022 (2 filings since Dec 8, 2021)
- RENAISSANCE TECHNOLOGIES LLC Filed SC 13G/A on FedNat Holding Co, latest Feb 10, 2022
- DIMENSIONAL FUND ADVISORS LP Filed SC 13G/A on FedNat Holding Co, latest Feb 8, 2022
- LENOX FINANCIAL SERVICES, INC. Filed SC 13G/A on FedNat Holding Co, latest Feb 2, 2022
- FedNat Holding Co New York, New York, United States
- Fednat Insurance Company Subsidiary · Sunrise, Florida, United States
- Maison Insurance Company Subsidiary · Sunrise, Florida, United States
- Monarch National Insurance Company Subsidiary · Sunrise, Florida, United States
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What FedNat Holding Co reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, net | $08 Dec 31, 2020 | $11.0M8 Dec 31, 2019 | −100.0% |
| Operating-lease assets (leased space) | $6.7M4 Dec 31, 2021 | $7.4M4 Dec 31, 2020 | −9.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $83.5M4 Dec 31, 2021 | $102.4M4 Dec 31, 2020 | −18.4% |
| Debt securities available for sale | $327.5M4 Dec 31, 2021 | $488.2M4 Dec 31, 2020 | −32.9% |
| Debt securities held to maturity | $08 Dec 31, 2020 | $4.3M8 Dec 31, 2019 | −100.0% |
| Equity securities at fair value | $5.9M4 Dec 31, 2021 | $3.2M4 Dec 31, 2020 | +87.0% |
Intangibles and goodwill
Leadership
Who has led FedNat Holding Co, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerEdward J. Lawson Feb 27, 2006 to Jun 2, 200811
- ChairEdward J. Lawson Feb 27, 2006 to Jun 2, 200811
- PresidentEdward J. Lawson Feb 27, 2006 to Apr 30, 200711
- Chief financial officerRonald Arthur Jordan Apr 19, 2017 to Apr 2, 202112
- Chief financial officerErick Anthony Fernandez Jun 22, 2016 to Jun 22, 201613
- Chief financial officerPeter J. Prygelski Jun 25, 2007 to Mar 14, 201614
- Chief operating officerPatrick McCahill Aug 28, 2020 to Apr 2, 202115
Board members and other officers (9)
- CAOErick Anthony Fernandez Mar 8, 2019 to Apr 2, 202116
- Board memberDavid W. Michelson Oct 24, 2019 to Apr 2, 202117
- Board memberJenifer G. Kimbrough Apr 3, 2009 to Apr 2, 202118
- Board memberPeter J. Prygelski Jul 2, 2008 to Mar 14, 201619
- Board memberAnthony C. Krayer Iii. Jun 26, 2007 to Feb 1, 200820
- Board memberBruce Simberg Dec 10, 2007 to Feb 28, 200821
- Board memberCharles B. Hart Jr. Dec 10, 2007 to Jun 3, 201422
- Board memberCarl Dorf May 9, 2006 to Aug 11, 201723
- Board memberRichard W. Wilcox Jr. May 25, 2006 to Apr 2, 202124
Former names
Timeline
- Feb 16, 20238-K Change of auditor25
- Dec 12, 20228-K Bankruptcy or receivership; Executive or director change; Regulation FD disclosure26
- Nov 4, 20228-K Ended a material agreement; Debt or obligation accelerated; Executive or director change27
- Oct 26, 20228-K Listing notice or transfer; Regulation FD disclosure28
- Oct 26, 20228-K Listing notice or transfer; Regulation FD disclosure29
- Sep 23, 20228-K Debt or obligation accelerated30
- Sep 21, 20228-K Debt or obligation accelerated31
- Sep 12, 20228-K Completed an acquisition or sale; Executive or director change32
- Aug 19, 20228-K Listing notice or transfer; Regulation FD disclosure33
- Jul 28, 20228-K Change of auditor34
- Jul 26, 20228-K Executive or director change; Regulation FD disclosure35
- Jul 6, 20228-K Completed an acquisition or sale; Regulation FD disclosure36
- Feb 27, 2006New chief executive Edward J. Lawson becomes CEO11
- Mar 7, 1991Founded FedNat Holding Co is founded2
Calendar
When it reported results
- May 9, 2022Reported quarterly or annual results37
- Apr 27, 2022Reported quarterly or annual results38
- Mar 3, 2022Reported quarterly or annual results39
- Feb 22, 2022Reported quarterly or annual results40
- Nov 8, 2021Reported quarterly or annual results41
- Oct 29, 2021Reported quarterly or annual results42
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
49 filings to the SEC since October 2021: 2 annual reports, 2 quarterly reports, 25 major events, 6 large holders, 14 other. The latest 20:
- Feb 16, 20238-K/A EDGAR
- Dec 12, 20228-K EDGAR
- Nov 7, 202225 EDGAR
- Nov 4, 20228-K EDGAR
- Oct 26, 20228-K/A EDGAR
- Oct 26, 20228-K EDGAR
- Sep 23, 20228-K EDGAR
- Sep 21, 20228-K EDGAR
- Sep 12, 20228-K EDGAR
- Aug 19, 20228-K EDGAR
- Aug 16, 2022NT 10-Q/A EDGAR
- Aug 10, 2022NT 10-Q EDGAR
- Jul 28, 20228-K EDGAR
- Jul 26, 20228-K EDGAR
- Jul 6, 20228-K EDGAR
- Jun 3, 20228-K EDGAR
- May 25, 2022SC 13D/A SCHEDULE 13D AMENDMENT NO. 1 FOR 05-23-2022 EDGAR
- May 24, 20228-K EDGAR
- May 18, 202210-Q EDGAR
- May 18, 20228-K EDGAR
The 49 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Steven A. Hale Ii.SC 13D/A, 1 filing May 25, 202243
- FG Communities Holdings Inc.SC 13D/A, 2 filings Dec 8, 2021 to Apr 6, 202244
- RENAISSANCE TECHNOLOGIES LLCSC 13G/A, 1 filing Feb 10, 202245
- DIMENSIONAL FUND ADVISORS LPSC 13G/A, 1 filing Feb 8, 202246
- LENOX FINANCIAL SERVICES, INC.SC 13G/A, 1 filing Feb 2, 202247
SEC filer profile
How FedNat Holding Co is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARFedNat Holding Co1
- CIK0001069996
- Employer ID (EIN)65-02488661
- Filer statusAccelerated filer<br>smaller reporting company1
- Incorporated inFlorida1
- Fiscal year endsDecember 311
- Industry code (SIC)6331 Fire, Marine & Casualty Insurance1
- Business address14050 Nw 14 Street, Suite 180, Sunrise, FL 333231
- Phone80029325321
- Shares outstanding17,519,237 as of May 2, 20229
- Public float$68.3M as of Jun 30, 202148
- On EDGAR sinceSep 17, 19981
- Filings1,108 in all: 4 (363), 8-K (301), SC 13G/A (69), 10-Q (64), SC 13G (29), DEF 14A (23), 10-K (20), 3 (20)1
All 50 form types
S-3 (18), UPLOAD (18), CORRESP (16), 8-K/A (14), S-3/A (14), 424B3 (13), 4/A (11), DEFA14A (10), SC 13D/A (10), EFFECT (9), 10-K/A (7), 10QSB (7), 424B5 (6), CT ORDER (5), PRE 14A (5), FWP (4), NT 10-K (4), S-8 (4), 10-Q/A (3), 10KSB40 (3), 8-A12G (3), NT 10-Q (3), PRER14A (3), SB-2/A (3), SC 13D (3), 10KSB40/A (2), 25-NSE (2), 5 (2), DEFR14A (2), NT 10-Q/A (2), REGDEX (2), 10-K405 (1), 25 (1), 425 (1), NO ACT (1), NT 10-K/A (1), NTN 10Q (1), RW (1), S-1 (1), S-1/A (1), S-4 (1), SB-2 (1)
- Latest filingsAnnual report (10-K) Apr 25, 2022
Quarterly report (10-Q) May 18, 2022
Proxy statement (DEF 14A) Apr 6, 2021
Latest 8-K (8-K) Dec 12, 2022
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16SEC EDGARErick Anthony Fernandez, CAO
- 17SEC EDGARDavid W. Michelson, Board member
- 18SEC EDGARJenifer G. Kimbrough, Board member
- 19SEC EDGARPeter J. Prygelski, Board member
- 20SEC EDGARAnthony C. Krayer Iii., Board member
- 21SEC EDGARBruce Simberg, Board member
- 22SEC EDGARCharles B. Hart Jr., Board member
- 23SEC EDGARCarl Dorf, Board member
- 24SEC EDGARRichard W. Wilcox Jr., Board member
- 25SEC EDGARChange of auditor
- 26
- 27
- 28
- 29
- 30SEC EDGARDebt or obligation accelerated
- 31SEC EDGARDebt or obligation accelerated
- 32
- 33
- 34SEC EDGARChange of auditor
- 35
- 36
- 37
- 38
- 39
- 40
- 41
- 42
- 43
- 44
- 45
- 46
- 47
- 48
- 49