Department of financial services division of rehabilitation and liquidation

Southern Fidelity Insurance Company

Consent to Receivership

Additional information may be found here.

​Under the Receivership Order, all insurance policies, except for flood policies, issued by Southern Fidelity Insurance Company in effect at the time of the issuance of the Order are cancelled effective 12:01 a.m. on July 15, 2022. Policies with normal expiration dates prior to July 15, 2022, or which are terminated by the insured, or cancelled for non-payment of premium, shall stand cancelled as of the earlier date.

Consumers may contact the Department of Financial Services Division of Consumer Services to report any issues.

FedNat Insurance Company

Consent to Receivership 

Consumers who receive a cancellation notice, which will be effective June 29, 2022, are encouraged to contact their agent immediately to obtain replacement coverage. Consumers who receive a notice their policy is being assumed by Monarch Insurance Company will not need to take action unless they choose to secure coverage from another insurer.   

Consumers may contact the Department of Financial Services Division of Consumer Services to report any issues.

Universal Insurance Company of North America

OIR Order 280396-21

Consumers who receive a cancellation notice are encouraged to contact their agent to obtain replacement coverage. Consumers who are unsure if they are impacted are also encouraged to contact their agent.

Policyholders may contact Universal Insurance Company at 1-866-458-4262.

Consumers may contact the Department of Financial Services Division of Consumer Services to report any issues.

Southern Fidelity Insurance Company

OIR Order 280009-21

Consumers who receive a cancellation notice are encouraged to contact their agent to obtain replacement coverage. Consumers who are unsure if they are impacted are also encouraged to contact their agent.

Policyholders may contact Southern Fidelity Insurance Company Customer Service at 1-866-874-7342.

Consumers may contact the Department of Financial Services Division of Consumer Services to report any issues.

Capitol Preferred Insurance Company

OIR Order 263348-20-CO

Consumers who receive a cancellation notice are encouraged to contact their agent to obtain replacement coverage. Consumers who are unsure if they are impacted are also encouraged to contact their agent.

Capitol Preferred has established a dedicated consumer line for policyholders affected by the cancellations at 1-833-319-0615.

Consumers may contact the Department of Financial Services Division of Consumer Services to report any issues.

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Under Florida law, E-mail addresses are public records. If you do not want your E-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.

Contact Us

Please refer to the following information to communicate with the department.

Phone

You may contact the Receiver at the phone numbers listed below.

P: 1-800-882-3054
P: 1-850-413-3132

Mail

You may also contact the Receiver at the following postal address.

Florida Department of Financial Services
Division of Rehabilitation and Liquidation
325 John Knox Road
Atrium Building, Suite 101
Tallahassee, Florida 32303

Electronically

Please complete the form below if you have questions relating to companies in receivership.

Most information provided to the Department of Financial Services becomes a public record and is subject to a public record request. Obtain information on the Department's Privacy Policy.


Government Relations Services

Tallahassee, FL 10 followers

We foster a very talented workforce that is dedicated to providing quality service that maximizes value for the public.

About us

The Division of Rehabilitation and Liquidation (Division) is one of 13 divisions within the Florida Department of Financial Services. It serves as the Receiver of insurance companies that are placed in receivership, primarily for purposes of rehabilitation or liquidation. Under an order of rehabilitation, the Receiver seeks to remedy the problems that resulted in the company being placed into rehabilitation. In liquidation, the Receiver collects all assets of the company and ultimately distributes the available assets to claimants under a statutory prioritization. In both instances, the Receiver is responsible for conducting business on behalf of the company that has been placed in receivership. This process entails providing an array of services which include Accounting, Claims, Legal, Information Technology, and Administrative Services functions.

Website

//www.myfloridacfo.com/division/receiver/

Industries

Government Relations Services

Company size

51-200 employees

Headquarters

Tallahassee, FL

Type

Government Agency

Locations

Employees at Division of Rehabilitation and Liquidation

Browse jobs

What home insurance companies are pulling out of Florida?

Companies in Liquidation.
AMERICAN CAPITAL ASSURANCE CORPORATION..
AVATAR PROPERTY AND CASUALTY INSURANCE COMPANY..
FEDNAT INSURANCE COMPANY..
FLORIDA SPECIALTY INSURANCE COMPANY..
GUARANTEE INSURANCE COMPANY..
GULFSTREAM PROPERTY AND CASUALTY INSURANCE COMPANY..
PHYSICIANS UNITED PLAN, INC..
QUALITY HEALTH PLANS, INC..

What insurance company is leaving Florida?

United Property & Casualty Insurance Co. will exit Florida's troubled homeowners' insurance market, forcing customers to find new coverage as their policies come up for renewal, the insurer's parent company announced Thursday. TALLAHASSEE, Fla.

Which Florida insurance companies are being downgraded?

On August 1, 2022, Demotech downgraded the FSR for United Property and Casualty Insurance (UPC) from an A to M. Demotech signaled that it would withdraw UPC's FSR, and in response, UPC withdrew its business from Florida, Texas and Louisiana on August 25, 2022.

Is Federated National leaving Florida?

FedNat has also agreed to contribute additional capital to MNIC to further enhance its surplus position. Once the 83,000 policies have been transferred, all FNIC's remaining Florida policies will be cancelled effective June 29th, 2022, with all unearned premiums to be remitted to policyholders.

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