---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-22-016831"
form_type: "8-K"
ticker: "STLY"
cik: "0000797465"
company_name: "HG Holdings, Inc."
filed_at: "2022-07-07T23:59:59+00:00"
generated_at: "2026-06-24T20:03:05.730131+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HG Holdings subsidiary enters advisory and reinsurance deals with FedNat entities

## Summary
- HGMA to assist FedNat Underwriters in restructuring non-statutory entities; fee = 1.5% of gross earned premium of Monarch and Maison (TX) per annum.
- Term of advisory agreement through July 2025; requires OIR approval.
- Protected Cell formed; $7.8M excess cat reinsurance for Maison on ~7,650 TX policies, $6.63M premium, $1.17M capital at risk.
- Reinsurance contract effective July 1 to Dec 31, 2022; retention $5M, limit $7.8M.
- Monarch (83k policies) is 60% owned by HPCM, 40% by FNHC after $15M investment.

## SEC filing metadata
- accession: 0001437749-22-016831
- form_type: 8-K
- ticker: STLY
- cik: 0000797465
- company_name: HG Holdings, Inc.
- filed_at: 2022-07-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/797465/000143774922016831/0001437749-22-016831-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/797465/000143774922016831/stly20220707_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-22-016831
- JSON: https://secwatch.observer/filing/0001437749-22-016831.json
- Plain text: https://secwatch.observer/filing/0001437749-22-016831.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.