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Key Stock Data
The current last sale of $23.5063 is 45.55% Higher than the 52 week low.
|Intraday||Last 52 Weeks|
|High:||$ 23.59||$ 28|
|Low:||$ 23.5063||$ 16.15|
Company Description (as filed with the SEC)
1347 Property Insurance Holdings, Inc. ("PIH", the "Company", "we", or "us") is an insurance holding company specialized in providing personal property insurance in coastal markets including those in Louisiana, Texas and Florida. These markets are characterized as regions where larger, national insurers have reduced their market share in favor of other, less catastrophe exposed markets. These markets are also characterized by state-administered residual insurers controlling large market shares. These unique markets can trace their roots to Hurricane Andrew, after which larger national carriers limited their capital allocation and approaches to property risk aggregation. These trends accelerated again after back to back exceptionally active hurricane seasons in 2004 and 2005. However, the decade following Hurricane Katrina in 2005, had relatively few losses arising from tropical storm activity which led to declines in reinsurance pricing and increases in its availability. ... More ...
Nasdaq Official Price
Mar. 20, 2019
Mar. 20, 2019