1347 Property Insurance Holdings, Inc. Provides Preliminary Estimate of Catastrophe Losses from Hurricane Harvey
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Maison has many policyholders who have been impacted by Hurricane Harvey. While the ultimate cost and impact on the Company's financial results cannot be determined with certainty at this time, the Company expects to incur losses with respect to insurance claims related to damage resulting from the hurricane. This event primarily impacted the Company's
Based on our early analysis, we expect the gross losses to exceed the
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