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Division of Rehabilitation and Liquidation

Company Information - Senior Citizens Mutual Insurance Company

Name of Company: Senior Citizens Mutual Insurance Company
Date of Liquidation: June 1, 2005
Policy Cancellation Date: July 1, 2005
Claims Filing Deadline: June 2, 2006
Guaranty Association: Florida Insurance Guaranty Association (you are leaving the DFS website and opening a new browser window) (FIGA)
Type of Coverage: Property and Casualty
State of Domicile: Florida
Status of Receivership: Liquidation

On June 1, 2005, the Second Judicial Circuit Court in and for Leon County, Florida, issued an order placing Senior Citizens Mutual Insurance Company (“Senior Citizens”) in receivership for purposes of liquidation.  Senior Citizens consented to the appointment of the Florida Department of Financial Services as the court appointed Receiver of Senior Citizens.  Senior Citizens previously consented to be placed into rehabilitation on May 9, 2005; however, the Receiver determined that a successful rehabilitation of the company was not possible. In accordance with the terms of the liquidation order, all policies in force were cancelled at 11:59 P.M. on July 1, 2005, unless otherwise cancelled earlier in the normal course of business.

Senior Citizens is a Florida domestic insurer that is licensed to write business in 20 states.  The company specializes in other liability and commercial multi-peril coverage for senior citizens’ housing communities and had approximately 15 policies in force as of May 2005.  The company also reinsures approximately 600 policies written directly by two other companies.  Senior Citizens’ home office is located in Miami, Florida.

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 "Senior Citizens Mutual" 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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