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Division Director

Toma Wilkerson

Assistant Division Director

Mary Linzee Branham

Division of Rehabilitation and Liquidation
Alexander Building
2020 Capital Circle SE
Suite 310
Tallahassee, FL 32301

Policy and Coverage Information

What is the current status of my policy with Magnolia?

Under the liquidation order, all Magnolia policies are cancelled effective 11:59:59 p.m. on May 30, 2010, unless otherwise terminated prior to that date. Policies with a normal expiration date or those policies that are cancelled for non-payment of premium prior to 11:59:59 p.m. on May 30, 2010 shall stand cancelled as of the earlier date and time. Upon liquidation, property and casualty insurance policies are covered by the Florida Insurance Guaranty Association for a period of no more than 30 days and subject to the limits provided in Florida Statute.

Will I received my premium refund/unearned premium?

Upon liquidation, the Florida Insurance Guaranty Association (“FIGA”) is responsible for paying claims for premium refunds/unearned premium. A $100 statutory deductible will be taken from the amount owed. If the premium refund due is $100 or less, a refund will not be processed by or on behalf of FIGA. A policyholder may have a claim in the Magnolia liquidation proceeding for the $100 deductible or the gross refund less than $100.