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Division of Rehabilitation and Liquidation

Agent Information - Senior Citizens Mutual Insurance Company ("Senior Citizens")

Has the Receiver mailed the "Notice of Liquidation" to all agents of Senior Citizens?

Yes.  The Receiver mailed the notice to agents and brokers on June 9, 2005. Click here to see a sample notice.

What is the agent's responsibility to the policyholders?

Section 631.341(2), Florida Statutes requires that agents provide to policyholders a written notice of the insolvency of the insurer before the court-ordered cancellation date of the policies. This written notice to policyholders must be sent by certified or registered mail to the last known address of the policyholder. In accordance with the terms of the Liquidation Order, all policies are cancelled 11:59 pm, July 1, 2005, unless otherwise cancelled earlier in the normal course of business. 

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