form8k.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: October 4, 2012
(Date of earliest event reported)
FEDERATED NATIONAL HOLDING COMPANY
(Exact name of registrant as specified in its charter)
|
Florida
|
|
0-2500111
|
|
65-0248866
|
|
(State or other jurisdiction of incorporation)
|
|
(Commission File Number)
|
|
(I.R.S. Employer Identification No.)
|
| |
14050 NW 14 Street, Suite 180
|
|
|
|
| |
Sunrise, FL
|
|
33323
|
|
| |
(Address of principal executive offices)
|
|
(Zip Code)
|
|
Registrant’s telephone number, including area code: (954) 581-9993
|
Not Applicable
|
|
(Former Name or Former Address, if Changed Since Last Report)
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|
|
o
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
o
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
|
o
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
|
|
o
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
On October 4, 2012, Federated National Insurance Company, a wholly owned subsidiary of Federated National Holding Company, received approval of a rate increase for its homeowners' insurance program within the State of Florida. The rate increase, which will result in an average premium increase of approximately 4.8% statewide, was approved by the Florida Office of Insurance Regulation (the “Florida OIR”). The effective date for the rate increase is December 1, 2012 for new and renewal business.
In addition, the Florida OIR approved rates and various forms, including several forms that relate to the 2011 Florida insurance reform legislation known as Senate Bill 408. The approval of these rates and forms will enable the Company to market its homeowner’s insurance in areas prone to catastrophic ground collapse in the State of Florida.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| |
FEDERATED NATIONAL HOLDING COMPANY
|
|
| |
|
|
|
| |
|
|
|
|
Date: October 8, 2012
|
By:
|
/s/ Peter J. Prygelski, III
|
|
| |
Name:
|
Peter J. Prygelski, III
|
|
| |
Title:
|
Chief Financial Officer
|
|
| |
(Principal Accounting and Financial Officer) |
|