Insolvency Date: 8/05/2021
NAIC Number: 27502
Claim Deadline: 2/28/2022
Effective August 5, 2021, Western General Insurance Company (“WGIC”) was ordered into receivership for the purposes of liquidation by the Superior Court of the State of California, County of Los Angeles.
With the entry of the liquidation order, the Florida Insurance Guaranty Association (“FIGA”) has been activated to help pay outstanding 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 or the California Conservation & Liquidation Office website. No claim will be paid in excess of this cap.
All policyholders should be informed that per Section 631.68, Florida Statutes, the deadline for settling a claim or filing suit against FIGA is February 28, 2023.