FedNat Holding Company announced that it has commenced an offer to exchange up to $100.0 million in aggregate principal amount of new 7.50% Senior Unsecured Notes due 2029 (the "New Notes"), which have been registered under the Securities Act of 1933, as amended (the "Securities Act"), for a like principal amount of unregistered 7.50% Senior Unsecured Notes due 2029 (the "Old Notes"). The New Notes are being offered in order to satisfy registration rights previously granted to the holders of the Old Notes. The terms of the New Notes are substantially identical to those of the Old Notes, except that the New Notes have been registered under the Securities Act, will not have securities law transfer restrictions or registration rights, bear a different CUSIP number and ISIN number from the Old Notes, and are issuable in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof. Any Old Notes that are not exchanged will continue to be subject to their existing transfer restrictions. The exchange offer will expire at 5:00 p.m., New York, New York time, on March 4, 2020, unless extended. The company do not currently intend to extend the expiration date of the exchange offer. The exchange offer will be open for at least 20 full business days. Tenders of the Old Notes must be made before the exchange offer expires and may be withdrawn at any time before the exchange offer expires.