FEDNAT HOLDING CO FILES (8-K) Disclosing Results of Operations and Financial Condition, Regulation FD Disclosure, Financial Statements and Exhibits

Item 2.02. Results of Operations and Financial Condition.

First Quarter 2022 Catastrophe Losses

FedNat Holding Company (the "Company") estimates, as of the date of this Current
Report on Form 8-K, that catastrophe weather losses incurred during the quarter
ended March 31, 2022, will reduce its first quarter net income by approximately
$29 million, net of reinsurance recoveries and other offsets including
affiliated fees, on both a pre-tax and after-tax basis. Catastrophe weather
losses in the quarter were driven primarily by eleven notable events (including
one wildfire) that impacted Florida, Texas, Louisiana and South Carolina.
Approximately $10 million of these net catastrophe losses are related to books
of business that the Company is in the process of running off, as previously
announced, including FedNat Insurance Company's non-Florida book as well as
Maison Insurance Company's book of business.

In addition, the Company recorded approximately $2 million of net adverse
reserve development in the quarter related to Hurricane Laura, which hit
Louisiana in August 2020.

Item 7.01.     Regulation FD Disclosure

Reference is made to the Current Report on Form 8-K filed by the Company on
April 14, 2022, reporting that the Company received notice from The Nasdaq Stock
Market of the Company's non-compliance with Listing Rule 5250(c)(1) because of
the late filing of the Company's Annual Report on Form 10-K for the period ended
December 31, 2021 (the "2021 Form 10-K"). The Company filed the 2021 Form 10-K
on April 25, 2022 and, by letter dated April 27, 2022, received notice from
Nasdaq that the Company has regained compliance with this Listing Rule.

                         _____________________________

This Current Report on Form 8-K contains statements that may be deemed
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These
statements are therefore entitled to the protection of the safe harbor
provisions of these laws. Forward-looking statements generally may be identified
by the use of forward-looking terminology such as "anticipate," "believe,"
"budget," "contemplate," "continue," "could," "envision," "estimate," "expect,"
"forecast," "guidance," "indicate," "intend," "may," "might," "outlook," "plan,"
"possibly," "potential," "predict," "probably," "pro-forma," "project," "seek,"
"should," "target," "will," "would," "will be," "will continue" or the negative
thereof or other variations thereon or comparable terminology and, in this
report includes our statements regarding estimated catastrophe losses,
reinsurance coverage and recoveries, affiliated fees and reserves. The Company
has based these forward-looking statements on its current expectations,
assumptions, estimates and projections. While the Company believes these
expectations, assumptions, estimates and projections are reasonable, such
forward-looking statements are only predictions and involve a number of risks
and uncertainties, many of which are beyond the Company's control. These and
other important factors may cause our actual results, performance or
achievements to differ materially from any future results, performance or
achievements expressed or implied by these forward-looking statements.
Management cautions that any such forward-looking statements are not guarantees
of future performance, and readers cannot assume that such statements will be
realized or that the forward-looking events and circumstances will occur.
Factors that might cause such a difference include, without limitation, final
results regarding catastrophe losses, additional reinsurance purchases, loss
ratio performance of business, as well as the risks and uncertainties discussed
under "Risk Factors" in the Company's 2021 Form 10-K, and discussed from time to
time in the Company's reports filed with the Securities and Exchange Commission.
The Company expressly disclaims any intent, obligation or undertaking to update
or revise any forward-looking statements made herein to reflect any change in
our expectations with regard thereto or any change in events, conditions or
circumstances on which any such statements are based.

                Item 9.01.     Financial Statements and Exhibits.


(d)      Exhibits.
         Cover Page Interactive File (the cover page tags are embedded within the Inline
104      XBRL document).

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