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(Carriers in Liquidation) |
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For questions regarding payment of
claims of an insolvent carrier, please contact the Maryland
Property & Casualty Insurance Guaranty Corporation (PCIGC).
Do NOT implead the PCIGC as a party to the workers'
compensation claim.
Maryland Property & Casualty Insurance Guaranty
Corporation
305 Washington Avenue, Suite 600
Towson, MD 21204
410-296-1620
http://www.pcigc.com
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On November 8, 2023, the Court of Chancery of the State of
Delaware ordered the Liquidation and Injunction Order with Bar
Date of Arrowood Indemnity Company. Delaware Insurance
Commissioner Trinidad Navarro and her successors in office, if
any, are the court-appointed Receivers. The Receiver has
appointed Eugene T. Reed, Jr. and James J. Black, III as Deputy
Receivers to carry out the responsibilities of the Receiver with
respect to the liquidation of Arrowood. The ordered stay of 180
days from November 8, 2023 lifts May 6, 2024. Appeals and
further proceedings on issues will be stayed until May 6, 2024.
On November 8, 2023, the Court of Chancery of the State of
Delaware ordered the Liquidation and Injunction Order with Bar
Date of Arrowood Indemnity Company. Delaware Insurance
Commissioner Trinidad Navarro and her successors in office, if
any, (“Commissioner") are the court-appointed Receivers. The
Receiver has appointed Eugene T. Reed, Jr. and James J. Black,
III as Deputy Receivers to carry out the responsibilities of the
Receiver with respect to the liquidation of Arrowood.
Date of Liquidation: 11/8/2023
Stay: Stay Expires: 5/6/2024
Claims Filing Deadline: 1/15/2025
Receiver: Delaware
For more information see Arrowood at
https://insurance.delaware.gov/rehab_bureau_Arrowood/ |
Bevidere Insurance Company
On March 11, 2021, Bevidere Insurance Company (“BIC") was
ordered liquidated by the Commonwealth Court in Pennsylvania.
Pennsylvania Insurance Commissioner Jessica K. Altman and her
successors in office, if any, (“Commissioner") are the
court-appointed Liquidator(s) of BIC. Affiliated & Merged
Companies: Lamorak Insurance Company----formerly known as
OneBeacon America Insurance Company, Potomac Insurance Company,
and Employers Fire Insurance Company.
Date of
Liquidation: 3/11/2021
Stay: Indefinite Claims Filing
Deadline: 12/31/2021
Receiver: Pennsylvania
For more
informationsee: https://www.insurance.pa.gov/Regulations/LiquidationRehab/Pages/Bedivere-Insurance-Company.aspx |
Guarantee Insurance Company
posted 2/07/18
DO NOT ADD PCIGC AS
A PARTY.
In accordance with the liquidation order of the
Circuit Court of the Second Judicial Circuit in and for Leon
County, Florida, in the matter of the State of Florida, relator,
v. Guarantee Insurance Company, respondent, Case No. 2017 CA
2421, dated November 27, 2017
(link:
https://www.myfloridacfo.com/division/Receiver/Companies/GIC/documents/OrderAppointingDFSasReceiverofGIC.pdf),
all GIC policies are cancelled effective December 27, 2017,
unless otherwise terminated prior to that date. In addition,
while the processing and payment of pending covered claims are
being transitioned by Florida to the appropriate state guaranty
associations; Florida also is currently gathering claim files
and claims data in order to forward the information to the
appropriate Guaranty Associations.
For Maryland policy
holders, the appropriate guaranty association is the Maryland
Property & Casualty Insurance Guaranty Corporation (PCIGC)
(link: http://pcigcweb.com).
Please note that while
PCIGC is being added to current GIC-insured claim files as
“other” in order to receive notice of hearings and for
processing and payment of pending covered claims, PCIGC is NOT A
PARTY and SHOULD NOT BE ADDED AS A PARTY to any GIC-related
claim.
For further information, contact PCIGC. |
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Guarantee Insurance Company
On November 27, 2017,
Guarantee Insurance Company ("GIC") was ordered liquidated by
the Second Judicial Circuit Court in Leon County, Florida. The
Florida Department of Financial Services ("Department") is the
court appointed Receiver of GIC.
Date of Liquidation:
11/27/2017
Stay: Indefinite
Claims Filing Deadline:
5/29/2018
Receiver: Florida
For more information see:
https://www.myfloridacfo.com/division/Receiver/Companies/GIC
CastlePoint National Insurance
Company in Conservation
On July 28, 2016, the
Superior Court of the City and County of San Francisco entered
an Order Appointing Conservator, in the case entitled Insurance
Commissioner of the State of California v. CastlePoint National
Insurance Company, Case No. CPF-16-515183 ("Conservation
Order"). Pursuant to the Conservation Order, the California
Insurance Commissioner has been appointed as the statutory
Conservator of CastlePoint National Insurance Company
("CastlePoint"). The Conservation Order authorizes and empowers
the Commissioner, through his Conservation & Liquidation Office,
to conserve CastlePoint and its assets for the benefit of
CastlePoint's claimants, creditors and shareholders, as provided
in Sections 1010 through 1062 of the Insurance Code of the State
of California.
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CastlePoint consists of the following companies that were
merged prior to Conservation:
- CastlePoint National Insurance
- Company Tower Insurance Company of New York
- Tower National Insurance Company
- Hermitage Insurance Company
- CastlePoint Florida Insurance Company
- North East Insurance Company
- Massachusetts Homeland Insurance Company
- Preserver Insurance Company
- York Insurance Company of Maine
- CastlePoint Insurance Company
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CastlePoint has filed a petition for an Order of Liquidation
with a finding of insolvency against CastlePoint. A copy of the
petition is available at
www.caclo.org/CastlePoint. The Liquidation hearing is
scheduled for March 30, 2017 and the Order of Liquidation is
expected to be effective on March 31, 2017. The Liquidation
Order will not cause any disruption or delay in the delivery of
workers ' compensation wage replacement benefits to injured
workers covered under CastlePoint policies. The liquidation
order will trigger the activation of affected state insurance
guaranty associations where CastlePoint wrote business. These
guaranty associations become statutorily obligated to pay
covered CastlePoint claims (up to applicable state limits) once
a member insurer becomes insolvent.
Date of Liquidation:
3/31/17
Stay: Not Applicable
Receiver: California
Additional information and contacts for the applicable state
guaranty associations can be found at
www.caclo.org/CastlePoint |
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Liquidation and Injunction with
Bar Date of Freestone Insurance Company formerly Dallas National
Insurance Company
On April 28, 2014, Freestone Insurance Company,
formerly Dallas National Insurance Company, a Delaware domestic
property and casualty insurance company ('FREESTONE') was
ordered into receivership for purposes of rehabilitation by the
Court of Chancery of the State of Delaware. The Insurance
Commissioner of the State of Delaware is the court appointed
statutory Receiver of FREESTONE. The Receiver appointed George
J. Piccoli as the Deputy Receiver to carry out the
responsibilities of the Receiver with respect to the
rehabilitation of FREESTONE.
The Receiver has made a
determination that failure of FREESTONE to pay workers'
compensation claims for indemnity and medical payments during
the rehabilitation would cause a hardship to such claimants.
Therefore, the Receiver has determined that such payments should
continue to be made during the rehabilitation until further
notice. Other non-workers' compensation claims will be evaluated
for payment in the future.
UPDATE ' Effective
8/15/14, the Court of Chancery of the State of Delaware found
that FREESTONE is insolvent, that further efforts to
rehabilitate FREESTONE would be useless, and that an order of
liquidation is appropriate pursuant to 18 Del.C. 5905, 5906,
and 5910(b). All proceedings in which FREESTONE is obligated to
defend a party insured or any other person it is legally
obligated to defend by virtue of its insurance contract is
stayed for a period of 180 days from 8/15/14. The Liquidation &
Injunction Order also bars any and all claims not filed with
the Receiver on or before the close of business December 31,
2015.'
Date of
Liquidation: 8/15/14
Stay: EXPIRED
Bar Date; 12/31/15
Receiver:
Delaware
For more information see
http://delawareinsurance.gov/departments/berg/rehab_bureau_freestone.shtml
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Ullico Casualty Company
December 2013
The Stay
ordered by the Court of Chancery of the State of Delaware in the
Ullico Casualty Liquidation proceedings has expired. If there
are new issues in dispute, the Commission is now setting these
cases in line for a hearing. Please file (or re-file) issues in
order to have a case set for hearing before the Commission. For
questions regarding payment of claims, please contact the
Maryland Property & Casualty Insurance Guaranty Corporation at
305 Washington Avenue, Suite 600, Towson, MD 21204,
410-296-1620,
http://www.pcigc.com
Date of
Liquidation: 5/30/13
Stay: EXPIRED
Bar Date: EXPIRED
Receiver: Delaware
For more information
see:
http://www.delawareinsurance.gov/departments/berg/DelawareRehabilitation_SITE_Open_Ullico.pdf |
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Lumbermen's Mutual Casualty Company
American
Manufacturers Mutual Insurance Company
American Motorists
Insurance Company
Date of Liquidation: 5/10/13
Stay: EXPIRED
Claims Filing Deadline: 11/10/14
Receiver:
Illinois
For more information see:
http://www.osdchi.com/open/lumbermens.htm |
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Lumbermen's Underwriting Alliance
('LUA')
May 2016 - The
Circuit Court of Cole County, Missouri has declared Lumbermen's
Underwriting Alliance ('LUA') insolvent and has ordered the
company into liquidation effective May 23, 2016. On May 19,
2015, Lumbermen's Underwriting Alliance, a reciprocal
inter-insurance exchange organized under the laws of the State
of Missouri ("Lumbermen's"), was ordered into receivership for
the purposes of rehabilitation by the Circuit Court of Cole
County, Missouri (the "Court"). The Court appointed John M.
Huff, Director of the Missouri Department of Insurance,
Financial Institutions & Professional Registration, and his
successors in office, as the statutory Receiver of Lumbermen's.
U.S. Epperson Underwriting Company, as Attorney-in-Fact for
Lumbermen's, consented to the receivership.
Date of
Liquidation: May 23, 2016
Stay: Until Further Notice
Bar
Date: 5/24/2017
Receiver: Missouri
For more
information see:
http://www.lumbermensunderwriting.com
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Frontier Insurance Company
Date of
Liquidation: 11/16/12
Stay: EXPIRED
Bar Date: 12/31/13
Receiver: New York
For more information see:
http://www.nylb.org/frontier.htm |
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