I think renaming it would be a tad more confusing. I kind of like it being called "Early Modern" rather than "Renaissance". I'd have to check but Renaissance falls within the Early Modern period anyways.
Slightly longer answer: We had extensive discussions about the name of this era before we settled on Early Modern, for reasons along the same lines as what A1y0sh4 and xuzheqi point out (though perhaps a slightly opposite reasoning: Renaissance being to specific for us.) So it's extremely unlikely to change.
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