Friday, April 3, 2015
1347 Property Insurance Holdings: Providing Property and Casualty Insurance Coverage in Louisiana
Due to the unique weather-related risks, the region of Louisiana remains to be underserved when it comes to property and casualty insurance. For this reason, 1347 Property Insurance Holdings has focused its dealings within the state.
The company is a publicly traded property and casualty insurance holding business. It got incorporated in Delaware and continues to provide property and casualty insurance coverage through its wholly owned company, Maison Insurance Company. The offerings of the business include dwelling fire insurance, homeowners insurance and manufactured home insurance coverage. They continue to provide policy holders in the region with coverage at a competitive price.
More than 130 independent agents continue to market the offerings of the company since 2012. There are more than 11,500 policies in force with a total assets of more than $23.2 million and equity of stockholders of more than $7.9 million.The company continues to trade publicly on the NASDAQ and uses the symbol PIH.