Company Information - Underwriters Guarantee Insurance Company
Name of Company:
Underwriters Guarantee Insurance Company
Date of Rehabilitation:
November 6, 2001
Type of Coverage:
Property and Casualty
State of Domicile:
Florida
Status of Receivership:
Discharged
Date of Discharge:
March 6, 2006
On November 6, 2001, Underwriters Guarantee Insurance Company ("Underwriters") was placed
into rehabilitation by the Second Judicial Circuit Court of Leon County, Florida
("Court"). Underwriters
consented to the appointment of the Florida Department of Financial Services as Receiver due to the
financial condition of the company.
On March 6, 2006, the Court issued an order approving the sale of Underwriters to APC Financial
Holdings, Inc. following approval of the proposed transaction by the Florida Office of Insurance
Regulation ("Office") on February 24, 2006. The order also provided for the termination of the
Receivership and final discharge of the Receiver.
On July 6, 2006, Underwriters satisfied all requirements needed to reinstate its certificate of
authority and the company was granted authority to write Workers Compensation (0160) and Commercial
Auto Liability (0194) insurance coverage. On August 15, 2006, the Office approved the name change of
the company from Underwriters Guarantee Insurance Company to AequiCap Property and Casualty Insurance Company.
All inquiries to AequiCap Property and Casualty Insurance Company should be directed to (954) 493-6565.
The effective date that the Underwriters Receivership was closed is March 6, 2006.
For questions or comments regarding this website, please click
here.
CONSUMER HELPLINE 1-800-882-3054
Division of Rehabilitation and
Liquidation · 2020 Capital Circle SE Alexander Bldg Ste
340 · Tallahassee, FL 32301-0110
· Legal Notices
Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing. Public records from the Department of Financial Services are available by request.
Public Records Request
