FG Financial Group, Inc. (FGF): The Sky is The Limit. ReInsurance & SPACs
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FG Financial Group, Inc. (FGF), is completely unrecognizable today compared to a few years ago. Before changing its name in 2020, FGF operated under the name 1347 Property Insurance Holdings. Since beginning operations in 2012, 1347 operated as an insurance holding company, writing property and casualty insurance in Louisiana, Florida, and Texas. Late in 2019, 1347 sold its insurance subsidiaries to fellow insurer, FedNat Holding Company, for $25.5m cash and $25.5m of FedNat stock. 1347/FGF was additionally repaid $18m of outstanding surplus note obligations.
FG Financial Group, Inc. (FGF): The Sky is The Limit. ReInsurance & SPACs
FG Financial Group, Inc. (FGF): The Sky is…
FG Financial Group, Inc. (FGF): The Sky is The Limit. ReInsurance & SPACs
FG Financial Group, Inc. (FGF), is completely unrecognizable today compared to a few years ago. Before changing its name in 2020, FGF operated under the name 1347 Property Insurance Holdings. Since beginning operations in 2012, 1347 operated as an insurance holding company, writing property and casualty insurance in Louisiana, Florida, and Texas. Late in 2019, 1347 sold its insurance subsidiaries to fellow insurer, FedNat Holding Company, for $25.5m cash and $25.5m of FedNat stock. 1347/FGF was additionally repaid $18m of outstanding surplus note obligations.