Attached as Exhibit 99.1 is a copy of the press release relating to the appointment of Mr. Wollney to the Board.

Transcription

1 PIH 8-K 3/30/2015 Section 1: 8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 30, PROPERTY INSURANCE HOLDINGS, INC. (Exact name of registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation) (Commission File Number) 1511 N. Westshore Blvd., Suite 870, Tampa, FL (Address of principal executive offices, including Zip Code) (855) (Registrant s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) (IRS Employer Identification No.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR ) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR e-4(c))

2 Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On March 30, 2015, the Board of Directors (the Board ) of 1347 Property Insurance Holdings, Inc. (the Company ) appointed Scott D. Wollney to the Board as a Class III director. Mr. Wollney was appointed to serve on the Audit Committee of the Board. Since December 2010, Mr. Wollney has served as the President and Chief Executive Officer and a director of Atlas Financial Holdings, Inc., a NASDAQ-listed commercial automobile insurance company. From July 2009 until December 2010, Mr. Wollney was President and Chief Executive Officer of Kingsway America Inc. ( KAI ), an insurance holding company. From May 2008 to March 2009, he was the President and Chief Executive Officer of Lincoln General Insurance Company (a subsidiary of KAI), a property and casualty insurance company. From January 1998 to May 2008, he was President of Avalon Risk Management, Inc., an insurance broker. Mr. Wollney has more than 24 years of experience in property and casualty insurance. During his tenure in the industry, Mr. Wollney has held executive positions at both insurance companies as well as brokerage operations. Mr. Wollney is a MBA graduate of Northwestern University's Kellogg School of Management with a concentration in finance and management strategy and holds a Bachelor of Arts degree from the University of Illinois. As a director of the Company, Mr. Wollney will receive compensation as a non-employee director in accordance with the Company s non-employee director compensation practices. Under the non-employee director compensation program, nonemployee directors will receive fees of $50,000 annually. There are no arrangements or understandings between Mr. Wollney and any other persons pursuant to which he was elected as a director. There are no transactions between Mr. Wollney and the Company that would require disclosure under Item 404(a) of Regulation S-K. Attached as Exhibit 99.1 is a copy of the press release relating to the appointment of Mr. Wollney to the Board. Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press release dated April 2, 2015.

3 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: April 2, PROPERTY INSURANCE HOLDINGS, INC. By: /s/ Douglas N. Raucy Douglas N. Raucy President and Chief Executive Officer

4 INDEX TO EXHIBITS Exhibit Description 99.1 Press release dated April 2, (Back To Top) Section 2: EX-99.1 (PRESS RELEASE) EXHIBIT PROPERTY INSURANCE HOLDINGS, INC. APPOINTS SCOTT D. WOLLNEY TO ITS BOARD OF DIRECTORS Tampa, FL April 2, Property Insurance Holdings, Inc. (NASDAQ:PIH) ( PIH or the Company ), announced today that it has appointed Scott D. Wollney to the Company s Board of Directors. Mr. Wollney will serve as an independent director, and this appointment increases the Company s Board to six members. Since December 2010, Mr. Wollney has served as the President, Director and Chief Executive Officer of Atlas Financial Holdings, Inc. ( Atlas ), a NASDAQ-listed commercial automobile insurance company. More than 10 years ago, Mr. Wollney co-founded Avalon Risk Management, Inc., an insurance broker, and served as President from 2002 to 2008 and has more than 24 years of experience in property and casualty insurance. During his tenure in the industry, Mr. Wollney has held executive positions at both insurance companies as well as brokerage operations. Mr. Wollney is a MBA graduate of Northwestern University's Kellogg School of Management with a concentration in finance and management strategy and holds a Bachelor of Arts degree from the University of Illinois. Gordon G. Pratt, Chairman of the Board, said, We are so pleased to welcome Scott to the Company s Board of Directors. We are confident that his experience in and knowledge of the property and casualty insurance industry will contribute to PIH s growth and decision making. His proven leadership skills are a valuable addition to our board. Joining the PIH Board of Directors is a great honor," said Mr. Wollney. "I look forward to working with the Company s management team and with my fellow directors as the Company pursues its high potential, specialty insurance business model." About 1347 Property Insurance Holdings, Inc Property Insurance Holdings, Inc. is a property and casualty insurance holding company incorporated in Delaware. In December 2012, the Company began providing property and casualty insurance to individuals in Louisiana through its wholly-owned subsidiary, Maison Insurance Company. The Company s insurance offerings currently include homeowners insurance, manufactured home insurance and dwelling fire insurance. Forward Looking Statements This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of

5 the Securities Exchange Act of 1934 that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. Words such as "expects", "believes", "anticipates", "intends", "estimates", "seeks" and variations and similar words and expressions are intended to identify such forward-looking statements. Such forward-looking statements relate to future events or future performance, but reflect Company management's current beliefs, based on information currently available. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could

6 cause actual results to differ materially from those anticipated in the forward looking statements, please refer to the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward looking statements whether as a result of new information, future events or otherwise. Additional Information Additional information about 1347 Property Insurance Holdings, Inc., including its Annual Report on Form 10-K for the year ended December 31, 2014, can be found at the U.S. Securities and Exchange Commission's website at or at PIH s corporate website: CONTACT: -OR- INVESTOR RELATIONS: 1347 Property Insurance Holdings, Inc. The Equity Group Inc. Douglas N. Raucy Forrest Hunt Chief Executive Officer Associate (813) / draucy@maisonins.com (212) /fhunt@equityny.com (Back To Top)