- •FedNat Insurance Company (formerly Federated National) was placed in liquidation by a Florida court on September 27, 2022 — the sixth Florida property insurer to fail that year.
- •It no longer writes policies. Existing claims run off through the Florida DFS as receiver and the Florida Insurance Guaranty Association (FIGA).
- •Most Florida policies were transitioned — many to Monarch National — with about 13,000 remaining at receivership.
- •Key past dates: policies cancelled by Oct 27, 2022; receivership claim-filing deadline ~Sept 27, 2023.
- •A missed, underpaid, or mishandled FedNat claim may still have a path — through FIGA and, where appropriate, counsel.
PUBLIC RECORD · FL DFS RECEIVER + FIGA + FLA. STAT. CH. 631 · SEE SOURCES
What happened to FedNat
Federated National Insurance Company — later renamed FedNat Insurance Company — had been licensed in Florida since 1984. Amid the state’s 2021–22 property-insurance crisis, it could not remain solvent. On September 27, 2022, the Second Judicial Circuit Court in Leon County ordered it into receivership for liquidation, appointing the Florida Department of Financial Services as receiver. It was the sixth Florida property insurer declared insolvent in 2022.
Liquidation is the end state for a failed insurer: the company stops writing, its policies are cancelled on a set schedule, and its obligations are handed to the state safety net. About 13,000 policies remained at receivership; most Florida policyholders were transitioned to other carriers — many to Monarch National Insurance Company — while eligible unpaid claims moved to the Florida Insurance Guaranty Association.
Who to contact about a FedNat claim
Because FedNat itself is gone, the official contacts are the state receiver and the guaranty association — not a carrier claims line.
Confirm current process and any deadlines directly with the receiver or FIGA — these are the authoritative sources.
How FIGA works
The Florida Insurance Guaranty Association (FIGA) is the state-created backstop that pays covered claims when a Florida property insurer becomes insolvent. When FedNat was liquidated, FIGA took over eligible claims — those incurred before policy cancellation and timely reported — and continues to adjust and pay them under the guaranty-association statute.
THE GUARANTY-ASSOCIATION LIMIT — FLA. STAT. CH. 631 (READ THE CURRENT TEXT)FIGA pays "covered claims" subject to statutory caps and a per-claim deductible set in Florida law. The exact limits, exclusions, and the deductible are defined by statute and change over time — so on a large loss there can be a gap between the loss and what FIGA pays. Read the current statute or ask counsel before assuming a number.
The practical takeaway: a FIGA claim is still a property-insurance claim. The same scope, matching, and depreciation questions apply — layered on top of the guaranty-association rules and caps. That combination is technical enough that a second read is worth it.
The deadlines that mattered
In an insolvency the clock changes. For FedNat, policies were cancelled by October 27, 2022, and the deadline to file claims in the receivership ran to roughly one year after the liquidation order — about September 27, 2023. Those dates have now passed. That does not automatically close every avenue: a covered claim that was reported in time but underpaid or mishandled can still be pursued through FIGA, and specific facts can change the analysis. If you are unsure where a FedNat claim stands, confirm with the receiver or FIGA and get a second read before treating it as final.
Where FedNat / FIGA claims go wrong
The disputes that follow an insolvency are their own category — part ordinary underpayment, part guaranty-association mechanics. The recurring ones, each with the counter-guide that speaks to it:
The recurring problems — and where they’re answered
These are patterns documented across insolvency runoffs and Florida property claims, not accusations against any current carrier.
A guaranty-association payout short of the loss — the same scope and depreciation fights, now against FIGA.
Storm-creased shingles reclassified as age — the argument survives the carrier’s insolvency.
A file that fell between FedNat, the receiver, and FIGA — chase the paper trail.
Rain through a wind-created opening is covered; the fight is proving the breach.
Many FL policies moved to Monarch National — know which entity holds a later loss.
FIGA pays covered claims subject to statutory limits — read the current statute or ask counsel.
Dispute types drawn from the /denials/ and /coverage/ libraries and the FIGA framework. No complaint ratio asserted. Drafted, not verified.
Statutes, deadlines, and receivership steps summarized as of July 2026 and drafted for education — not verified by counsel. Confirm current status with the receiver and FIGA before relying on any date or limit.
Federated National / FedNat — common questions
Is FedNat / Federated National still in business?
No. FedNat Insurance Company — formerly Federated National Insurance Company — was placed in receivership for liquidation by a Florida court on September 27, 2022. It is no longer writing or renewing policies. It was the sixth Florida property insurer declared insolvent in 2022. Existing obligations are being wound down through the Florida Department of Financial Services as receiver and the Florida Insurance Guaranty Association (FIGA).
What happened to my FedNat policy?
Policies were cancelled in the liquidation, and most Florida policyholders were transitioned — many to Monarch National Insurance Company — while out-of-state policies moved to other markets or state guaranty funds. If you have a current loss, the entity that insures you now is whatever appears on your present declarations page, not FedNat. For a loss that occurred while FedNat was still your insurer, the claim runs through FIGA.
What is FIGA and does it cover my FedNat claim?
The Florida Insurance Guaranty Association (FIGA) is the state-created safety net that pays covered claims of insolvent Florida property insurers. When FedNat was liquidated, FIGA took over eligible claims that were incurred before policy cancellation and timely reported. FIGA pays covered claims subject to statutory limits and a deductible set in Florida law (Fla. Stat. ch. 631) — the exact caps and exclusions are in the statute, so read the current text or ask counsel about your specific claim.
What were the FedNat claim deadlines?
In the liquidation, FedNat policies were cancelled by October 27, 2022, and the deadline to file claims in the receivership ran to roughly one year after the liquidation order (about September 27, 2023). Those dates have passed. If you believe a covered claim was missed, underpaid, or mishandled, the current path is through FIGA and, where appropriate, counsel — do not assume the file is closed without checking.
My FIGA payment was less than my loss. Can that be challenged?
A guaranty-association payout is still subject to the same scope, depreciation, and coverage analysis as any claim — and FIGA pays within statutory limits, which can leave a gap on a large loss. The evidence that answers a normal underpayment (an independent estimate, matching, recoverable depreciation) applies here too, layered on top of the FIGA rules. Because the deadlines and the statutory framework are technical, this is a situation where a free case review is worth it.
- FL DFS RECEIVERFlorida DFS — FedNat Insurance Company receivership (Company #562) ↗
- FIGAFlorida Insurance Guaranty Association (FIGA) — FedNat notice ↗
- FIGAFIGA — homeowner claims and covered-claim information ↗
- TRADE PRESSSixth Florida property insurer declared insolvent (2022) ↗
- FL LEGISLATUREFla. Stat. ch. 631 — Insurer insolvency; guaranty associations ↗
- FL DFSFlorida Dept. of Financial Services — consumer help ↗
Independent informational resource — not legal advice, and not affiliated with FedNat, the Florida DFS, or FIGA. Facts compiled from public records (FL DFS receivership file, FIGA, Florida Statutes) and current as of July 2026; receivership status and deadlines change — confirm with the receiver and FIGA. Statutes drafted for education and not verified by counsel.
FedNat claim shorted, stalled, or lost in the shuffle?
Upload what you have — the FedNat policy, any FIGA correspondence, and the estimate. You’ll get a straight read on whether a covered claim was missed or underpaid, and what path is still open.
HURRICANELAW.PRO The independent policyholder resource for Florida & South Carolina — storm archive, coverage law, denials, bad faith, and the complete claims playbook. 51 storms · 46 carriers · 97 public-adjuster firms · 37 city guides.
▸ SEE THE FULL SITE MAP — EVERY PAGE →HurricaneLaw.Pro is an independent informational resource, not a law firm. Coverage summaries, policy-language quotations, dollar figures, deadlines, and chart examples throughout this site are general information based on typical or standard policy forms and are illustrative only — they are not a quote, a guarantee of coverage, or a promise of any outcome. Every insurance policy is different: your own policy, endorsements, and state law control, so read your policy and confirm current statutes. Weather imagery courtesy of NOAA, the National Hurricane Center, and the National Weather Service. Legal services are provided by our law firm partner, Halversen Law. Nothing on this site is legal advice; consult an attorney about your specific claim.
All legal matters on this site are referred to and handled by our law firm partner, Halversen Law, a licensed law firm in Florida and South Carolina. HurricaneLaw.Pro is an informational resource and is not itself a law firm.