FedNat, a Florida-based insurer, has said it expects to report a pre-tax adverse reserve development of $12mn for the final quarter of 2019, with the bulk of this figure coming from its commercial general liability and automobile business.
FedNat, a Florida-based insurer, has said it expects to report a pre-tax adverse reserve development of $12mn for the final quarter of 2019, with the bulk of this figure coming from its commercial general liability and automobile business.