The American Guaranty Fund Group (AGFG) and Florida Insurance Guaranty Association (FIGA) is seeking proposals from firms interested in providing TPA Claims Services. AGFG is a service company created to provide management and administrative services related to all post-insolvency claims filed with Florida Insurance Guaranty Association (FIGA). The selection of
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Lighthouse Property Insurance Corporation
Liquidation Date: April 28, 2022 NAIC Number:13207 Claim Deadline: August 23, 2022 Effective April 28, 2022, Lighthouse Property Insurance Corporation [“Company” or “Lighthouse”] was ordered into liquidation by the 19th Judicial Circuit Court in the parish of East Baton Rouge, Louisiana. The Louisiana Department of Insurance (“Department” or “Receiver”) is the court appointed receiver
Continue readingAvatar Property & Casualty Insurance Company
Liquidation Date: March 14, 2022 NAIC Number:13139 Claim Deadline: March 14,2023 Effective March 14, 2022, Avatar Property & Casualty Insurance Company (“Company” or “Avatar”) was ordered into liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services (“Department” or “Receiver”) is the court appointed
Continue reading2022 Assessment Update
2022 Assessment Update Update: See OIR’s Order to levy 2022 FIGA Assessment for All Other Account. On March 8, 2022, the FIGA Board of Directors approved a 1.3% assessment on its members. FIGA’s new assessment is necessary to secure funds for the payment of covered claims relating to the liquidation of St. Johns Insurance
Continue readingSt. Johns Insurance Company
Liquidation Date: February 25, 2022 NAIC Number: 11844 Claim Deadline: February 25, 2023 Effective February 25, 2022, St Johns Insurance Company (“Company”) was ordered into liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services (“Department” or “Receiver”) is the court appointed receiver for the Company. Copies of the
Continue readingGlobal Liberty Insurance Company of New York
Insolvency Date: 10/12/2021 NAIC Number: 11092 Claim Deadline: TBD News: Global Liberty Insurance Company of New York (“GLIC”) was ordered into receivership for the purposes of liquidation by the Supreme Court of the State of New York on October 12, 2021. The Superintendent of Financial Services of the State of New York is the
Continue readingFIGA Assessment Update: 9/29/2021
We appreciate everyone’s patience and understand the time sensitivity for system changes required to implement FIGA’s proposed assessment in advance of processing January 2022 renewals. At this point, our 0.70% assessment request is still pending approval by the Florida Office of Insurance Regulation (OIR). FIGA recommends Members wait until a
Continue readingWestern General Insurance Company
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
Continue readingGulfstream Property & Casualty Insurance
Liquidation Date: July 28, 2021 NAIC Number: 12237 Claim Deadline: July 28, 2022 Effective July 28, 2021, Gulfstream Property & Casualty Insurance Company (“Company”) was ordered into liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services (“Department” or “Receiver”) is the court appointed receiver for the Company.
Continue readingAmerican Capital Assurance Corporation
Liquidation Date: April 14, 2021 NAIC Number: 12601 Claim Deadline: April 14, 2022 Effective April 14, 2021, American Capital Assurance Corporation (“Company”) was ordered into liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services (“Department” or “Receiver”) is the court appointed receiver for the Company.
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