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Lincoln General Insurance Company

Insolvency Date: 
11/05/2015
NAIC Number: 
33855
Claim Deadline: 
07/06/2017
News: 

Effective November 5, 2015, Lincoln General Insurance Company ("LGIC") was ordered into receivership for the purposes of liquidation by the Commonwealth of Pennsylvania. The Pennsylvania Insurance Commissioner is the court appointed liquidator of LGIC.

 

With the entry of the liquidation order, the Florida Insurance Guaranty Association ("FIGA") has been activated to help pay outstanding Florida claims for property and casualty policies. The processing and payment of covered claims will be made by FIGA (subject to the lesser of policy limits or FIGA's maximum cap). The maximum amount FIGA will cover is generally $300,000 per claim. For more information see the FAQ section of this website. No claim will be paid in excess of this cap. All claims are subject to a $100 deductible over and above any deductible identified in the LGIC policy.

 

Claimants who need to check on the status of an existing claim should call the Florida Insurance Guaranty Association at 1-800-988-1450 (toll-free). 

 

All policyholders should be informed that per Section 631.68, Florida Statutes, the deadline for settling a claim or filing suit against FIGA is July 6, 2017.