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Division of Rehabilitation and Liquidation

Company Information - Nationwide Public Employees Trust ("NPET")

Name of Company:Nationwide Public Employees Trust
Date of Liquidation:August 5, 2003
Policy Cancellation Date: June 30, 2003
Claim Filing Deadline: April 29, 2005
Guaranty Association: None
Type of Coverage: Unauthorized Insurer - Life and Health
State of Domicile: Florida
Status of Receivership: Liquidation

Nationwide Public Employees Trust (“NPET”) was a non-licensed insurance entity. On August 5, 2003, the Second Judicial Circuit Court in and for Leon County, Florida (“Court”) signed an Order appointing the Florida Department of Financial Services, Division of Rehabilitation and Liquidation as the court appointed Receiver for purposes of liquidation.

On January 18, 2005, the Receiver mailed out proof of claim (“POC”) notices to potential claimants of the NPET estate.  The Court designated 11:59 PM on April 29, 2005 as the claims filing deadline.  Former NPET subscribers whose claims were satisfied pursuant to funding arrangements between the Receiver and their employer were not mailed POC notices. The POC forms should be completed and returned prior to the claims filing deadline.  Examples of claims against the estate are: a) claims for return premium and/or b) medical bills of employees of municipalities that did not contribute funds to the Receiver for payment of those bills. Claims received after the claims filing deadline of April 29, 2005 will be considered “late filed”.  Please note that filing a claim against the estate of NPET does not guaranty full or partial payment of your claim.

On August 11, 2006, the First Interim Claims Report was filed with the Court in the estate of NPET. On August 16, 2006, the Court issued an order approving the report. On September 1, 2006, notices were mailed to 105 NPET claimants who filed a proof of claim in the estate. 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 are required to be filed by the claimant, in writing, with the Court and the Receiver and postmarked by October 16, 2006. Objections filed after that date were not considered.

Please be advised that it may take several years before a distribution of assets, if any, is made in this receivership.

It is the claimant's responsibility to notify the Receiver, in writing, if there is a change in their name or mailing address.  When corresponding with the Receiver, be sure to reference "Nationwide Public Employees Trust" and the "Receiver's Claim Number ("RCN")", which will allow the Receiver to associate your request with the correct claim and receivership.

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