Division of Rehabilitation and Liquidation
|Name of Company:||Casualty Insurance Company of Florida|
|Date Closed||December 12, 2011|
|Date of Liquidation:||February 2, 1997|
|Policy Cancellation Date:||March 30, 1997|
|Claims Filing Deadline:||March 30, 1998|
|Guaranty Association:||Florida Insurance Guaranty Association (you are leaving the DFS website and opening a new browser window)|
|Type of Coverage:||Property and Casualty|
|State of Domicile:||Florida|
|Status of Receivership:||Closed|
On March 20, 2000, the Second Judicial Circuit Court, Leon County, Florida ("Court") issued an order approving the Receiver's First Interim Claims Report that related to 7,712 return premium claims which were previously deem-filed by the Court.
On October 27, 2007, the Court issued an order approving the Receiver's Second Interim Claims Report which authorized the mailing of Notices of Determination to 651 claimants. The notices were mailed on March 26, 2008. The notice informed them of the Receiver's recommendations concerning the classification and amount of their claim, along with instructions on how to proceed if a claimant objects to the recommendations. Objections were required to be filed by the claimant, in writing, with the Court and the Receiver and postmarked by April 30, 2008. Objections filed after that date were not considered.
On January 14, 2009, the Receiver filed a motion with the Court for approval of the Final Claims Report, Claims Distribution Report, Distribution Accounting and for an order authorizing a distribution. On January 21, 2009, the Court issued an order granting approval for the Receiver to mail distribution checks representing 100% of the recommended and adjudicated amount to claimants Classes 1, 2, and 3. As a result of the order, 8,022 claimants were approved to receive a distribution check. On March 23, 2009, the distribution checks were mailed.
It is unknown at this time when a subsequent distribution will take place for claimants in Classes 4 through 10.
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