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INSOLVENT CARRIERS (Carriers in Liquidation)
 
For questions regarding payment of claims of an insolvent carrier, please contact the Maryland Property & Casualty Insurance Guaranty Corporation (PCIGC). Do NOT implead the PCIGC as a party to the workers’ compensation claim.

Maryland Property & Casualty Insurance Guaranty Corporation
305 Washington Avenue, Suite 600
Towson, MD 21204
410-296-1620
http://www.pcigc.com

Liquidation and Injunction with Bar Date of Freestone Insurance Company formerly Dallas National Insurance Company

On April 28, 2014, Freestone Insurance Company, formerly Dallas National Insurance Company, a Delaware domestic property and casualty insurance company (“FREESTONE”) was ordered into receivership for purposes of rehabilitation by the Court of Chancery of the State of Delaware. The Insurance Commissioner of the State of Delaware is the court appointed statutory Receiver of FREESTONE. The Receiver appointed George J. Piccoli as the Deputy Receiver to carry out the responsibilities of the Receiver with respect to the rehabilitation of FREESTONE.

The Receiver has made a determination that failure of FREESTONE to pay workers' compensation claims for indemnity and medical payments during the rehabilitation would cause a hardship to such claimants. Therefore, the Receiver has determined that such payments should continue to be made during the rehabilitation until further notice. Other non-workers' compensation claims will be evaluated for payment in the future.

UPDATE – Effective 8/15/14, the Court of Chancery of the State of Delaware found that FREESTONE is insolvent, that further efforts to rehabilitate FREESTONE would be useless, and that an order of liquidation is appropriate pursuant to 18 Del.C. §§5905, 5906, and 5910(b). All proceedings in which FREESTONE is obligated to defend a party insured or any other person it is legally obligated to defend by virtue of its insurance contract is stayed for a period of 180 days from 8/15/14. The Liquidation & Injunction Order  also bars any and all claims not filed with the Receiver on or before the close of business December 31, 2015.”


For more information see http://delawareinsurance.gov/departments/berg/rehab_bureau_freestone.shtml

Ullico Casualty Company

December 2013
The Stay ordered by the Court of Chancery of the State of Delaware in the Ullico Casualty Liquidation proceedings has expired. If there are new issues in dispute, the Commission is now setting these cases in line for a hearing. Please file (or re-file) issues in order to have a case set for hearing before the Commission. For questions regarding payment of claims, please contact the Maryland Property & Casualty Insurance Guaranty Corporation at 305 Washington Avenue, Suite 600, Towson, MD 21204, 410-296-1620, http://www.pcigc.com 


Date of Liquidation: 5/30/13
Stay: 180 days
Bar Date: 6/30/14
Receiver: Delaware

For more information:
http://www.delawareinsurance.gov/departments/berg/DelawareRehabilitation_SITE_Open_Ullico.pdf

Lumbermen’s Mutual Casualty Company
American Manufacturers Mutual Insurance Company
American Motorists Insurance Company


Date of Liquidation: 5/10/13
Stay: Expired
Claims Filing Deadline: 11/10/14
Receiver: Illinois

For more information:
http://www.osdchi.com/open/lumbermens.htm

Frontier Insurance Company

Date of Liquidation: 11/16/12
Stay: Expired
Bar Date: 12/31/13
Receiver: New York

For more information:
http://www.nylb.org/frontier.htm