Liquidation Date: September 27, 2022
Claim Deadline: September 27, 2023
Effective September 27, 2022, FedNat Insurance Company (“Company” or “FedNat”) was ordered into liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services (“Department” or “Receiver”) is the court appointed receiver for the Company. Copies of the Liquidation Order and other relevant information are available on the Department’s website, https://www.myfloridacfo.com/division/receiver/.
With the entry of the liquidation order, the Florida Insurance Guaranty Association (“FIGA”) has been activated to help pay outstanding Florida claims for property and casualty policies for claims prior to June 1, 2022. The processing and payment of covered claims will be made by FIGA (subject to the lesser of policy limits or FIGA’s maximum cap). The maximum amount FIGA will cover is generally $300,000 per claim. An additional $200,000 is available for structures and contents on homeowners’ claims. No claim will be paid in excess of this cap. For more information on FIGA’s claim handling see the FAQ section of this website.
For losses incurred prior to June 1, 2022
The Department is currently gathering claim files and claim data to forward the information to FIGA. As a result, there may be a delay in claim processing during this transitional period. Until further notice, please continue to contact FedNat using the contact information below to check the status of an existing claim or to file a new claim incurred prior to June 1, 2022.
For losses incurred on or after June 1, 2022
Prior to liquidation, Monarch National Insurance Company (“Monarch”) assumed all obligations for FedNat Florida policies as of June 1, 2022. Policyholders with questions regarding Monarch should visit the company’s website at https://www.monarchnational.com or contact the company directly at (800) 293-2532.
Until further notice, policyholders with questions regarding FedNat should continue to visit the Receiver’s website at FEDNAT INSURANCE COMPANY (myfloridacfo.com) or contact the company directly as follows:
Underwriting Customer Service: (954) 308-1200
Claims: (800) 293-2532
Flood Customer Service: (800) 219-3102
Flood Claims: (800) 759-8656
Until further notice, policyholders with questions regarding outstanding checks should visit the Receiver’s website at FEDNAT INSURANCE COMPANY (myfloridacfo.com) or contact the company directly at (800)293-2352.
For questions regarding the receivership, consumers are asked to contact the Receiver by using the “Contact Us” form at the Receivers website, www.myfloridacfo.com/division/receiver if you have any non-claims related questions regarding the receivership. You may also contact the Florida Department of Financial Services, as Receiver, at (850)413-3081 or toll free at (800) 882-3054 (in Florida only).