FedNat has debt ratings withdrawn and reports $31.3mn loss
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FedNat has debt ratings withdrawn and reports $31.3mn loss

Martha Muir
May 10, 2022
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FedNat Insurance logo Fort Lauderdale Florida.jpg

A rating on FedNat senior notes has been withdrawn, which could lead to a default event, the carrier said as it reported a $31.3mn net loss for Q1.

Egan Jones withdrew its rating on the company’s senior debt after it failed to file its 10-K form on time.

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Martha Muir
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