When were Agent Notices mailed?
Agent Notices were mailed on October 14, 2011. Copies of the Notices are available in the Related Documents section of this website.
What is my responsibility to the policyholders?
Section 631.341(2), Florida Statutes requires that agents send by certified mail or registered mail to the last known address of any policyholder a written notice of the insurer’s insolvency before the court-ordered cancellation date of the policies, which is 12:01 a.m. EST on November 9, 2011.
Will my earned commission claim be paid by the Florida Insurance Guaranty Association?
No. Agents’ earned commission claims are general creditor claims and are not covered by FIGA but may be filed as claims in the receivership estate. There may not be sufficient assets to pay this priority of claims; however, you must file a proof of claim form to have your claims considered.
How do I obtain a loss run so I can work with the insured to obtain alternative coverage?
If you need to obtain a loss run, you should contact the Receiver using the "Contact Us" Form or by calling (800) 882-3054.