SUNRISE, Fla. (AP) _ Federated National Holding Co. (FNHC) on Monday reported a third-quarter loss of $5.5 million, after reporting a profit in the same period a year earlier.
The Sunrise, Florida-based company said it had a loss of 42 cents per share.
The insurance underwriter posted revenue of $95.9 million in the period. Its adjusted revenue was $86.1 million.
Federated National shares have dropped 24 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $14.25, a fall of nearly 2 percent in the last 12 months.