Division of Rehabilitation and Liquidation
Can I file a new claim against my surety bond?
No. Due to the court ordered cancellation of your surety bond on March 7, 2011, no new claims can be reported. In addition, any claim pending prior to the cancellation of all bonds on March 7, 2011 may now become a claim against the AequiCap estate because there is no guaranty association coverage for surety bonds. In the future, you will receive a proof of claim form in order to file a claim for losses that should have been covered by your surety bond.
If I previously reported my surety bond claim to AequiCap, do I need to do anything now?
Due to the court ordered cancellation of your surety bond on March 7, 2011, no new claims can be reported. In addition, any claim pending prior to the cancellation of all bonds on March 7, 2011 may now become a claim against the AequiCap estate because there is no guaranty association coverage for surety bonds. In the future, you will receive a proof of claim form in order to file a claim for losses that should have been covered by your surety bond.
How much will be paid on my claim?
It is currently unknown how much money, if any, will be available to pay your surety bond claim. There is no guaranty association coverage for surety bonds. In the future, you will receive a proof of claim form in order to file a claim for losses that should have been covered by your surety bond.
The Receiver has not yet begun the proof of claim filing process. The claims filing deadline is not until March 7, 2012. Once the proof of claim process begins, information will be posted to this website on how you can obtain a proof of claim form.
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