Federated National Insurance Company (“Federated National”), a wholly owned subsidiary of Federated National Holding Company (the “Company”), has been notified by the Florida Office of Insurance Regulation that it has approved a rate increase of 9.9% for Federated National’s homeowners’ multiple peril insurance program within the State of Florida. The rate approved is higher than the originally filed rate increase of 6.5%, as previously disclosed. The rate increase is anticipated to become effective August 1, 2017 on Federated National’s statewide new and renewal business. The Company believes that Federated National will remain competitive within the Florida homeowners’ market with this rate increase.

About FEDERATED NATIONAL HOLDING COMPANY (NASDAQ:FNHC)

Federated National Holding Company (FNHC) is an insurance holding company that controls all steps in the insurance underwriting, distribution and claims processes through its subsidiaries and its contractual relationships with its independent agents and general agents. The Company is authorized to underwrite homeowners’ multi-peril (homeowners), commercial general liability, federal flood, personal auto and various other lines of insurance in Florida and various other states. The Company markets, distributes and services its own and third-party insurers’ products and its other services through a network of independent agents. The Company’s insurance lines of business include Homeowners’ Property and Casualty Insurance, Commercial General Liability, Personal Automobile and Flood. FNIC and MNIC underwrite homeowners’ insurance in Florida, and FNIC underwrites insurance in Alabama, Louisiana and South Carolina. Alabama and Louisiana.

FEDERATED NATIONAL HOLDING COMPANY (NASDAQ:FNHC) Recent Trading Information

FEDERATED NATIONAL HOLDING COMPANY (NASDAQ:FNHC) closed its last trading session up +0.11 at 14.83 with 64,642 shares trading hands.