Insurance Companies
FedNat Insurance CompanyAbout
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- Pending Government Action:Government Action: BBB reports on known government actions involving business’ marketplace conduct:FLORIDA DEPARTMENT OF FINANCIAL SERVICES vs FEDNAT INSURANCE COMPANY. Case number 37 2022 CA 001688 Leon County [FL] CourtsAs of September 27, 2022:FedNat Insurance Company ('FedNat") was ordered into receivership for purposes of liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services is the court appointed Receiver of FedNat.
FedNat was a property and casualty insurance company located in Sunrise, Florida. The company was licensed in Florida in 1984, and authorized to write homeowners multiple peril, fire, allied lines, other liability, private passenger auto liability, and boiler and private passenger auto physical damage in Alabama, Florida, Georgia, Louisiana, Mississippi, South Carolina and Texas. The company had approximately 13,000 in-force policies at the time of receivership.Prior to the liquidation, FedNat and Maison Insurance Company were merged into one entity. FedNat is the surviving entity after the merger.LINK: https://www.myfloridacfo.com/division/receiver/companies/detail/562
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