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Sunrise-based Federated Civic Allowance Co. has afflicted its name.



One of aloof bristles about traded acreage and blow insurers based in Florida, it now calls itself FedNat Allowance Co., the aggregation said in a June 29 account release.

Michael H. Braun, CEO and president, said the name change “will bout our branding initiative, which includes adjustment our captivation company, better allowance aggregation and our managing accepted bureau with the aforementioned FedNat name that our accomplice agents accept accepted us by for a continued time.”

The Florida Office of Allowance Regulation accustomed the company’s name change appeal on May 29, and the company’s shareholders voted on May 31 to change its ancestor company’s name to FedNat Captivation Co.



The aggregation told accompaniment allowance regulators that it would acquaint its barter by mail of the name change. As of March 31, the aggregation had 256,075 acreage and blow behavior statewide — fifth-most abaft Universal Acreage & Casualty, state-owned Citizens Acreage & Casualty, Security First, and American Integrity.

In the tricounty region, the aggregation has 63,384 policies, additionally fifth-most abaft Universal Acreage & Casualty, Citizens, American Bankers, and Heritage.

Founded in 1992, FedNat Captivation Co. additionally sells civic flood allowance in Florida, and homeowner allowance in Alabama, Louisiana, South Carolina and Texas.

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