Florida Specialty Insurance Company

Effective 10/2/2019, Florida Specialty Insurance Company (“FSIC”) was ordered into liquidation by Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services is the court appointed receiver of FSIC.  A copy of the liquidation order is available on the Department’s website, https://www.myfloridacfo.com/division/receiver/ With the entry of

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2015 Assessment Change

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

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

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Affirmative 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

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