SUNSHINE STATE INSURANCE COMPANY
Company Information
| Company Demographic Information | |
| Name of Company: | SUNSHINE STATE INSURANCE COMPANY |
|---|---|
| Case Number: | 2014 CA 1432 |
| Guaranty Association: | Florida Insurance Guaranty Association(FIGA) |
| Type of Coverage: | Property and Casualty |
| State of Domicile: | Florida |
| Status of Receivership: | Closed |
| Important Receivership Dates | |
| Date of Rehabilitation: | N/A |
| Date of Liquidation: | June 03, 2014 |
| Policy Cancellation Date: | June 27, 2014 |
| Claims Filing Deadline: | June 03, 2015 |
| Objection Deadline: | October 16, 2017 |
| Date of Discharge: | March 31, 2023 |
Notice of Receivership
On June 3, 2014, Sunshine State Insurance Company was ordered into receivership for purposes of liquidation by Judge Kevin Carroll of the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services is the court appointed Receiver of Sunshine State Insurance Company (Sunshine State).
Background Information
Policy Issues
Flood Insurance Policy Information
Builders' Risk Policy Information:
Proof of Claim Forms
On August 5, 2014, 655 Proof of Claim forms (POCs) were mailed via the U.S. Postal Service. POCs were mailed to policyholders and/or claimants that were involved in an open loss claim.
Notices of Determination
03/16/2015 - Notice of Determination for the First Interim Claims Report:
The Division mailed 1 Notice of Determination (NOD) to a claimant with a Class 2 claim. The NOD was sent via the US Postal Service regular mail, and certified, return receipt requested. The NOD informs the claimant of the recommendation concerning the amount recommended and classification of their filed claim.
The objection filing deadline was April 27, 2015. All objections must be filed in writing to both the Division and to the Clerk of Court. All objections must be RECEIVED on or before the deadline date. Objections received after the deadline will not be considered. It is recommended that objections be sent by certified mail, return receipt requested.
08/17/2017 - Notices of Determination for the Second Interim Claims Report:
The Division mailed 1,672 Notices of Determination (NODs) to claimants with Class 2 and Class 3 claims. The NODs were sent via the US Postal Service. These NODs inform the claimants of the recommendation concerning the amount recommended and classification of their filed claim.
The objection filing deadline was October 16, 2017. All objections must be filed in writing to both the Division and to the Clerk of Court. All objections must be RECEIVED on or before the deadline date. Objections received after the deadline will not be considered. It is recommended that objections be sent by certified mail, return receipt requested.
10/05/2020 - Notices of Determination for the Third Interim Claims Report:
The Division mailed 86 Notices of Determination (NODs) to claimants with Class 2 through Class 11 claims. The NODs were sent via the US Postal Service. These NODs inform the claimants of the recommendation concerning the amount recommended and classification of their filed claim.
The objection filing deadline was December 4, 2020. All objections must be filed in writing to both the Division and to the Clerk of Court. All objections must be RECEIVED on or before the deadline date. Objections received after the deadline will not be considered. It is recommended that objections be sent by certified mail, return receipt requested.
W-9 Request Letters
On February 4, 2022, the Division mailed twenty-two (22) W-9 Request Letters with Internal Revenue Service W-9 Forms and Instructions attached. For claimants receiving a letter, payment of claims is subject to court approval and the receipt of a properly executed W-9. A response is requested by February 28, 2022 in order to expedite the claims distribution.
Distribution
On March 18, 2022, the Department mailed 1,557 distribution checks for claims that were filed and adjudicated in the Sunshine State receivership. The checks are dated March 11, 2022 and are valid for 60 days from that date. The Department does not anticipate any further distributions to these claimants.
Estate Closed
The Department was discharged of all of its responsibilities in administering this estate and the estate was closed at 11:59 PM on March 31, 2023.
Unclaimed Property From Previous Distributions
Pursuant to the Distribution Orders, all uncashed distribution checks will be sent to the Department of Financial Services, Division of Unclaimed Property; however, this could take several months.
Related Documents
The following documents are provided as Adobe Acrobat PDF files and are best viewed using the free Adobe Acrobat reader software.
Court Documents
Notices
Other
| Date | Title | Size |
|---|---|---|
| 06/20/2015 | Insolvency Report | 1,436K |