How do I file a claim against AequiCap?
There are different processes for filing claims against AequiCap, a company that wrote workers' compensation, commercial automobile, and surety bonds. Some claims are covered by guaranty associations and some claims can only be filed against the estate of AequiCap because they are not covered by guaranty associations. In Florida, the Florida Workers' Compensation Insurance Guaranty Association ("FWCIGA") and the Florida Insurance Guaranty Association ("FIGA") are activated to pay certain covered claims on Florida issued policies. In Georgia, Oklahoma and South Carolina, those respective guaranty associations have been activated to pay certain covered claims of Aequicap policies written in those states. Please refer to the web pages specific to those three other states for contact information relating to those associations and their claim handling processes.
FWCIGA will process loss claims relating to perils covered under your Florida workers' compensation policy and FWCIGA will cover unearned premium claims on your insurance policy that was cancelled by the liquidation order (so long as your policy was in force as of the date of liquidation which was March 7, 2011).
FIGA will process loss claims relating to perils which are covered under your Florida commercial automobile policy. FIGA will cover unearned premium claims on your insurance policy that was cancelled by the liquidation order. Both claims are subject to a $100 deductible.
For additional information on the processing of Florida loss claims, click here.
For additional information on the processing of Florida premium refunds, click here.
Claims for losses not covered by guaranty associations, agent claims, employee claims, government claims and general creditor claims may become claims against the estate of AequiCap so long as you have a filed claim with the Receiver. The Receiver has not yet begun the proof of claim filing process. Once the proof of claim process begins, information will be posted to this website on how you can obtain a proof of claim form.
What are the deadlines for filing a claim?
The Receiver's deadline for filing a claim against the estate of AequiCap was March 7, 2012. The deadline for FIGA to settle claims is one year after the Receiver's deadline per Section 631.68, Florida Statutes. Since the Receiver's deadline was March 7, 2012, FIGA's deadline for settling claims was March 7, 2013 unless a lawsuit was initiated.
Can I file a proof of claim form in the AequiCap estate after the filing deadline? Will it be considered late-filed?
Yes, you may file a proof of claim. However, any proof of claim form postmarked after March 7, 2012 will be processed as late-filed.
How do I obtain a proof of claim form?
On February 1, 2012, the Receiver mailed proof of claim forms to individuals and entities that the Receiver identified as having a possible claim in the AequiCap estate. If you did not receive a proof of claim form and have a claim you would like considered, please make a request for a proof of claim form by completing the "Contact Us" form.