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Division Director

Greg Thomas


Insurance Agent and Agency Services
200 East Gaines Street
Tallahassee, FL 32399-0318
Bureau of Licensing
(850) 413-3137
Bureau of Investigation
(850) 413-3136
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NOTICE OF LIQUIDATION OF CENTURY SERVICE SYSTEMS, INC.


On November 12, 2010, Century Service Systems, Inc. (“Century”) was ordered into liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services is the court appointed Receiver of Century.

Company Demographic Information:
Century was licensed on September 16, 1994 to transact business in the state of Florida as a service warranty association. The company is located in Deerfield Beach, Florida. The company ceased writing new or renewal business on November 3, 2010. As of the liquidation date, the company had approximately 5,000 service warranty contracts in force in Broward, Martin, Palm Beach, and St. Lucie counties.

POLICY ISSUES: Under the liquidation order, all service contracts written by Century are cancelled on November 12, 2010, unless otherwise terminated prior to that date. There is no guaranty association coverage for service warranties.

Claims Filing Deadline:

Under the liquidation order, the deadline for filing claims in the Century receivership is 11:59:59 p.m. on November 12, 2011. Information regarding the method for filing claims in the liquidation proceeding will be mailed to Century’s contract holders and also available on the Receiver’s web site in the near future. Until further notice, consumers with questions regarding claims they filed with Century should contact the company directly at (866) 930-1177.

CONTACTING THE RECEIVER:

For non-claims related questions, consumers are asked to contact the Receiver by using the “Contact Us” form at the Receiver’s web site, www.myfloridacfo.com/Division/Receiver or call the Florida Department of Financial Services, as Receiver, at 1-800-882-3054 or (850) 413-3081. Copies of the Liquidation Order and other relevant information is available on the Receiver’s web site, www.myfloridacfo.com/Division/Receiver.


November 12, 2010