During its 2015 session the Florida Legislature amended the FIGA assessment process. The notice below was sent to member companies notifying them of the change. Additionally, the frequently asked questions document below was developed for further clarification and will be periodically updated. Member Letter Assessment Frequently Asked Questions Feel free
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Lumbermens Underwriting Alliance
Lumbermens Underwriting Alliance Effective May 23, 2016, Lumbermens Underwriting Alliance (“LUA”) was ordered into receivership for the purposes of liquidation by the Circuit Court of Cole County, Missouri. Bruce Baty of Dentons U.S. LLP was appointed Special Deputy Receiver of LUA. With the entry of the liquidation order, the
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CastlePoint National Insurance Company Effective April 1, 2017, CastlePoint National Insurance Company (“CNIC”) was ordered into receivership for the purposes of liquidation by the Superior Court of the State of California, City and County of San Francisco. With the entry of the liquidation order, the Florida Insurance Guaranty Association
Continue readingCastlePoint National Insurance Company
Insolvency Date: 04/01/2017 NAIC Number: 40134 Claim Deadline: 12/31/2018 News: Effective April 1, 2017, CastlePoint National Insurance Company (“CNIC”) was ordered into receivership for the purposes of liquidation by the Superior Court of the State of California, City and County of San Francisco. With the entry of the liquidation order, the Florida Insurance
Continue readingAffirmative Insurance Company
Effective March 24, 2016, Affirmative Insurance Company (“AIC”) was ordered into liquidation by the Cook County Circuit Court. The Illinois Director of Insurance is the court appointed liquidator of AIC. With the entry of the liquidation order, the Florida Insurance Guaranty Association (“FIGA”) has been activated to help pay outstanding
Continue readingLumbermens Underwriting Alliance
Insolvency Date: 05/23/2016 NAIC Number: 23108 Claim Deadline: 05/24/2018 News: Lumbermens Underwriting Alliance Effective May 23, 2016, Lumbermens Underwriting Alliance (“LUA”) was ordered into receivership for the purposes of liquidation by the Circuit Court of Cole County, Missouri. Bruce Baty of Dentons U.S. LLP was appointed Special Deputy Receiver of LUA. With the
Continue readingAffirmative Insurance Company
Insolvency Date: 03/24/2016 NAIC Number: 42609 Claim Deadline: 08/28/2018 News: Effective March 24, 2016, Affirmative Insurance Company (“AIC”) was ordered into liquidation by the Cook County Circuit Court. The Illinois Director of Insurance is the court appointed liquidator of AIC. With the entry of the liquidation order, the Florida Insurance Guaranty Association (“FIGA”)
Continue readingLincoln 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. The deadline for settling a claim or filing suit
Continue readingSunshine State Insurance Company
Insolvency Date: 07/03/2014 NAIC Number: 10860 Claim Deadline: 06/03/2016 News: Sunshine State Insurance Company (“SSIC”) was ordered into receivership for the purposes of liquidation by the Second Judicial Circuit Court in Leon County, Florida on June 3, 2014. The deadline for settling claims or filing suit against FIGA was June
Continue readingGramercy Insurance Company
insolvency Date: 08/26/2013 NAIC Number: 43265 Claim Deadline: 02/26/2016 News: Gramercy Insurance Company (“GIC”) was ordered into liquidation by the District Court of Travis County of the State of Texas on August 26, 2013. The Texas Commisioner of Insurance is the court appointed liquidator of GIC. The deadline for settling claims or filing suit against FIGA was
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