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FedNat Announces Completion of $15 Million Investment in Monarch National Insurance Company by Funds Managed by Hale Partnership and Monarch's Assumption of Majority of FedNat Insurance Company's Florida Policies

SUNRISE, Fla., July 06, 2022 (GLOBE NEWSWIRE) -- FedNat Holding Company (NASDAQ:FNHC) (FedNat) announced today that the Florida Office of Insurance Regulation (OIR) has authorized the assumption of approximately 78,000 policies effective June 1, 2022 b