|Company Demographic Information|
|Name of Company:||FLORIDA SPECIALTY INSURANCE COMPANY|
|Case Number:||2019 CA 002328|
|Guaranty Association:||Florida Insurance Guaranty Association(FIGA)|
|Type of Coverage:||Property and Casualty|
|State of Domicile:||Florida|
|Status of Receivership:||Liquidation|
|Important Receivership Dates|
|Date of Rehabilitation:||N/A|
|Date of Liquidation:||October 02, 2019|
|Policy Cancellation Date:||November 01, 2019|
|Claims Filing Deadline:||October 02, 2020|
|Objection Deadline:||See Below|
Notice of Receivership
On October 2, 2019, Florida Specialty Insurance Company ("FSIC") was ordered into receivership for purposes of liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services ("Department") is the court appointed Receiver of FSIC.
FSIC was a property and casualty insurance company located in Sarasota, Florida. The company was licensed in Florida in 1997, and wrote personal property insurance policies for homeowners, condos, renters, and manufactured homes.
Proof of Claim Forms
On February 25, 2020, Proof of Claim forms (POCs) were mailed via the U.S. Postal Service. 3,260 POCs were mailed to policyholders and/or claimants that were involved in an open loss claim. The Department will be mailing additional POCs to the remaining potential claimants in the next few months. The deadline for filing a POC is October 2, 2020.