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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:
Therefore, NEW Maryland workers' compensation claims for
indemnity and medical payments involving FREESTONE are
stayed for 180 days from April 28, 2014. |
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ATTENTION PRACTITIONERS:
The Commission has modified
the Statement of Wage Form (C-2) to allow electronic
submission of this form with attachments. Those parties
using page two of this form should attach a print-out of
the itemized payments included in the total listed in
Field 'C' on page two of this form. Instructions
are also updated on the downloadable PDF Statement of
Wage for inclusion of attached details. |
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Attention Practitioners
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NOTICE REGARDING SUBPOENAS: Amendments to
Labor and Employment Article 9-311, Subpoenas, take
effect JULY 1, 2014. See
http://mgaleg.maryland.gov/2014RS/chapters_noln/Ch_89_hb0219T.pdf
for the final version. |
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Rehabilitation 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.
All Maryland workers' compensation claims
for indemnity and medical payments ' new and existing '
involving FREESTONE shall proceed in the normal course
of business. More
information can be found on our
Insolvent Carriers page. |
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A new form is posted to request hearing
transcripts, Request for Transcript WCC form H-50
(v/4/2014) is available on our
Forms & Instructions page and must be used as
directed. Details on its use are found in the form's
instructions or our
Frequently Asked Questions section. |
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