I have a claim for return of unearned premium. What do I do?
The refund process is defined by Florida Statutes, Chapter 631. The Receiver's office is responsible for determining the calculation of each unearned premium refund. Once the calculations are complete for the above listed lines of business, the refund amount is forwarded to the Florida Insurance Guaranty Association ("FIGA") and they will issue checks for unearned premium claims in excess of $100. FIGA does not cover claims of $100 or less. If you have questions about the refund check amount you received, you should contact the Receiver for assistance. FIGA does not have a breakdown of the calculation and will not be able to provide assistance on these issues.
The Receiver has received court approval to deem file unearned premium claims not paid by FIGA. These claims include the first $100 not covered by FIGA or for any gross unearned premium claim that is less than $100. These amounts are now claims against the First Commercial estate. No action is required by unearned premium claimants for the above listed lines of business.