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FedNat Holding reports $1.03 million net loss for December
By Sarah Lizee
Olympia, Wash., Jan. 23 – FedNat Holding Co. reported a $1.03 million net loss on $120,133 of gross income/sales for the December period, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of Florida.
The cash balance at the end of the month was $1.82 million.
The insurance holding company, which is based in Sunrise, Fla., filed bankruptcy on Dec. 12. The Chapter 11 case number is 22-19451.
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