FedNat leads Floridians higher in NY trading

Federated National led an advance by Florida-focused insurers in
New York trading today, climbing 8.3 percent a day after disclosing
expected losses from Hurricane Irma.
The other four publicly traded Floridians also rose, with the gains
mostly accelerating after disaster modelling firm Karen Clark &
Company said Irma's US industryinsured losses would come to about $18bn, mostly in Florida
claims. The estimate was lower than many others issued previously,
such as AIR Worldwide's $20bn to $40