SUBSEQUENT EVENTS

6 Months Ended

Jun. 30, 2020

Subsequent Events [Abstract]

SUBSEQUENT EVENTS

14. SUBSEQUENT EVENTS

Dividends Declared

Refer to Note 13 above for information related to our dividend declared in July 2020.

Reinsurance

Refer to Note 6 above for information related to the following reinsurance treaties, which became effective July 1, 2020:

•Our Florida and non-Florida excess of loss catastrophe reinsurance program, which covers the Company and its carriers;

•FNIC's renewal of the quota-share Florida homeowners business reinsurance program on an in-force, new and renewal basis; and

•FNIC's new quota-share treaty covering non-Florida homeowners business.