Información Demográfica de la Compañía Name of Company: NATIONAL GROUP INSURANCE COMPANY Case Number: 2011 CA 1476 Guaranty Association: Florida Insurance Guaranty Association(FIGA) Type of Coverage: Propiedades y Accidentes State of Domicile: Florida Status of Receivership: Cerrado Fechas Importantes de la Quiebra Date of Rehabilitation: 01 de agosto de 2011 Date of Liquidation: 10 de octubre de 2011 Policy Cancellation Date: 09 de noviembre de 2011 Claims Filing Deadline: 10 de octubre de 2012 Objection Deadline: 23 de Febrero de 2015 Date of Discharge: 31 de agosto de 2019
Notificación de la Administración Judicial
On August 1, 2011, National Group Insurance Company (“NGIC”) was ordered into receivership for purposes of rehabilitation by the Second Judicial Circuit Court in Leon County, Florida ("Court"). It was determined that a successful rehabilitation was not possible and on October 10, 2011, NGIC was placed into liquidation. The Florida Department of Financial Services is the Court appointed Receiver of NGIC.
Información General
NGIC, a Florida corporation licensed in 2004, was headquartered in Coral Gables, Florida. The company primarily wrote commercial auto and commercial property insurance coverage in Florida. NGIC had approximately 7,600 policyholders at the time it entered liquidation. The company was licensed in Florida and Georgia; however, NGIC reported no written premium in Georgia.
On July 18, 2012, the Department mailed Proof of Claim forms to all known claimants for National Group Insurance Company. The deadline for filing a Proof of Claim is October 10, 2012. If you have not received a Proof of Claim form, please contact this Department to obtain a form. Your claim, when filed, will necessarily be recognized as class 8, late filed. Please note that we do not anticipate sufficient funds in the estate to pay claims for that class.
Loss and return premium claims against NGIC which are defined as "Covered Claims" by Florida Statutes Chapter 631, are administered and paid by the Florida Insurance Guaranty Association. All remaining claims against NGIC must be filed against the NGIC Estate.
Claims Reports
On December 11, 2014, the court approved the First and Second Interim Claims Report with Recommendations on Claims. On January 5, 2015, the Department mailed 8,631 Notice of Determination letters to all known claimants. Due to insufficient assets, only Classes 1 and 2 were evaluated for a recommended dollar amount. The Amount Recommended Claimant field on the Notice was blank for Classes 3 through 11. Claimants are allowed to object to either the amount recommended on their claims, their claims class (for more information on the claims classes, please see Section 631.271, Florida Statutes), or both. The Objection Filing Deadline was February 23, 2015 and all objections have been resolved.
On December 23, 2015, the court approved the Third Interim Claims Report with Recommendations on Claims. The Department mailed Notice of Determination letters to eight filed claimants in classes 6 and 8 which were evaluated for class only. The Objection Filing Deadline was February 22, 2016 and all objections have been resolved.
On November 07, 2016, the court approved the Fourth Interim Claims Report with Recommendations on Claims. The Department mailed a Notice of Determination to one claimant in class 3 which was evaluated for class only. The Objection Filing Deadline was December 12, 2016.
At this time, the department continues to pursue and recover all possible assets in order to provide the most favorable distribution possible.
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 August 31, 2019.
The following documents are provided as Adobe Acrobat PDF files and are best viewed using the free Adobe Acrobat reader software.
Documentos de la Corte
Notificaciones
Fecha Título Tamaño 01/01/2015 Sample Notice of Determination 52K 11/17/2011 NGIC Notice to Agents re Flood Policy Sale 151K 11/17/2011 NGIC Notice to Policyholders re Flood Policy Sale 111K 11/17/2011 Aviso a los Dueños de Pólizas de Inundación 217K 11/17/2011 Aviso a los Agentes o Agentes Corredores 156K 11/09/2011 NGIC Flood Book Order and Assumption Agreement 166K 10/26/2011 Corrected Notice To Flood Insurance Policyholders 110K 10/18/2011 Notice to Policyholder Regarding the Liquidation of National Group Insurance Company And Cancellation of Policies 160K 10/14/2011 Aviso a los Agentes o Agentes Corredores 230K 10/14/2011 Notice to Agent or Broker of Liquidation 223K 08/18/2011 Aviso a los Dueños de Pólizas 153K 08/18/2011 Aviso a los Titulares de Póliza 157K 08/12/2011 Notice to Agent or Broker of Rehabilitation 157K 08/12/2011 Aviso a los Agentes o Agentes Corredores 181K