Division of Rehabilitation and Liquidation
| Name of Company: | Florida Employers Safety Association Self Insurers Fund |
|---|---|
| Date of Liquidation: | October 22, 1996 |
| Policy Cancellation Date: | November 25, 1996 |
| Claim Filing Deadline: | May 1, 1997 |
| Guaranty Association: | Florida Workers' Compensation Insurance Guaranty Association (you are leaving the DFS website and opening a new browser window) |
| Type of Coverage: | Workers Compensation Self Insurance Fund |
| State of Domicile: | Florida |
| Status of Receivership: | Closed |
| Date of Discharge: | June 29, 2009 |
Florida Employers Safety Association Self Insurers Fund ("FESA") was placed in liquidation on October 22, 1996. All policies with FESA were cancelled effective November 25, 1996. Proof of claim forms have been mailed. The deadline for filing a claim with the Receiver was May 1, 1997. Any proof of claim form filed after the claims filing deadline was considered "late filed".
The First Interim Report on Claims was filed with the Second Judicial Circuit Court in and for Leon County, Florida (“Court”) in the estate of Florida Employers Safety Association Self-Insurers Fund (“FESA”). The Court issued an order approving the report on June 1, 2007. On June 6, 2007, notices were mailed to 3,258 claimants who filed a proof of claim in the FESA 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 objected to the recommendations. Objections were required to be filed by the claimant, in writing, with both the Court and the Receiver and postmarked by July 16, 2007. Objections filed after that date were not considered.
On February 26, 2008, the Court approved the Final Claims Report regarding the distribution of assets in this estate. Under the terms of the Order, Class 1 claimants received a 100% distribution and Class 2 claimants received a 83.0402% distribution of the adjudicated amounts on their claims. Distributions were mailed on March 25, 2008. No additional distributions were made in this receivership.
On June 26, 2009, the Court issued an Order that discharges the Florida Department of Financial Services of it duties as Receiver of FESA effective June 29, 2009.
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