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SUBSEQUENT EVENTS
12 Months Ended
Dec. 31, 2019
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS
17. SUBSEQUENT EVENTS

Dividends Declared

Refer to Note 14 above for information related to our dividend declared in February 2020.

Florida Statewide Average Rate Increase

The Company applied for and was approved by the Florida OIR for a statewide average rate increase of 2.8% for FNIC Florida homeowners multiple-peril insurance policies, which became effective for new policies on January 25, 2020 and is expected to become effective for renewal policies on March 15, 2020.

The Company applied for and was approved by the Florida OIR for a statewide average rate increase of 5.1% for FNIC Florida dwelling fire insurance policies, which became effective for new policies on February 25, 2020 and is expected to become effective for renewal policies on April 1, 2020.