Company Information
Southern Eagle Insurance Company
| Name of Company: | Southern Eagle Insurance Company |
|---|---|
| CASE NUMBER: | 2011-CA-3392 |
| Date of Rehabilitation: | December 6, 2011 |
| Date of Liquidation: | December 16, 2011 |
| Policy Cancellation | January 15, 2012. |
| Claims Deadline | December 16, 2012 |
| Coverage | Worker's Compensation |
| State of Domicile: | Florida |
| Status of Receivership: | Liquidation |
Notice of Receivership
On December 16, 2011, Southern Eagle Insurance Company ("SEIC") was ordered into receivership for purposes of liquidation by the Second Judicial Circuit Court in Leon County, Florida ("Court"). The Florida Department of Financial Services is the court appointed Receiver of Southern Eagle. The company was previously ordered into receivership for purposes of rehabilitation on December 6, 2011.
Background Information
SEIC, a Florida corporation, licensed in 2005, was headquartered in Bradenton, Florida. SEIC wrote workers’ compensation insurance policies in Florida.
SEIC had approximately 29 policies in force. The company’s existing policies were cancelled by the liquidation order effective 12:01 a.m. on January 15, 2012. The company was previously ordered by the Office of Insurance Regulation (OIR) on November 22, 2011, to cease writing and/or renewing policies.
