Seminole Casualty Insurance Company Ordered Into Receivership
Contact: Alexis Lambert
TALLAHASSEE—Leon County Circuit Court Judge Terry P. Lewis today ordered Seminole Casualty Insurance Company into receivership for the purpose of liquidation. The Florida Department of Financial Services is appointed Receiver.
Seminole has approximately 36,000 policyholders and has not written any new business since March 3, 2011.
Seminole currently has approximately 96 employees for whom the department is assisting in seeking other employment opportunities.
Floridians who have insurance with Seminole should immediately contact their insurance agent to secure coverage with a new company. All policies will be cancelled effective 11:59 p.m. on April 14, 2011, unless otherwise terminated prior to that date.
Under the liquidation order, the deadline for filing claims is 11:59 p.m. on March 16, 2012.
Until further notice, consumers with questions relating to Seminole should continue to call the company’s customer service department at 1-800-393-5827.
For non-claims related questions regarding the receivership, consumers are asked to contact the receiver by using the “Contact Us” form at the receiver’s website, www.myfloridacfo.com/Receiver or call the Florida Department of Financial Services, as receiver, at 1-800-882-3054 (in Florida only) or (850) 413-3081.
Seminole Property and Casualty is based in Tamarac, Florida. The company is licensed and wrote business in Florida and Maryland.
As of February 28, 2011, Seminole had a total of 36,671 Florida personal auto policies, 1,764 commercial auto policies and 2,644 artisan contractors’ general liability policies. Additionally, Seminole had approximately 1,161 Maryland personal auto policies in force as of that date, and has 91 employees.
The liquidation order and other related information can be found at www.MyFloridaCFO.com/Receiver/. For any other questions, Floridians can call CFO Atwater’s Insurance Consumer Helpline at (850) 413-3089 or toll-free at 1-877-My-FL-CFO or visit www.MyFloridaCFO.com.
Chief Financial Officer Jeff Atwater, a statewide elected official and officer of the Florida Cabinet, oversees the Department of Financial Services including the Division of Insurance Fraud. CFO Atwater’s priorities include fighting financial fraud, abuse and waste in government, reducing government spending and regulatory burdens that chase away businesses, and providing transparency and accountability in spending.