UNION GENERAL INSURANCE COMPANY
|Company Demographic Information|
|Name of Company:||UNION GENERAL INSURANCE COMPANY|
|Case Number:||93 1071|
|Guaranty Association:||Florida Insurance Guaranty Association(FIGA)|
|Type of Coverage:||Property and Casualty|
|State of Domicile:||Florida|
|Status of Receivership:||Closed|
|Important Receivership Dates|
|Date of Rehabilitation:||N/A|
|Date of Liquidation:||May 11, 1993|
|Policy Cancellation Date:||June 11, 1993|
|Claims Filing Deadline:||February 15, 1994|
|Objection Deadline:||See Below|
|Date of Discharge:||December 31, 2014|
Proof of Claims
Proof of claim forms have been mailed. The claims filing deadline was February 15, 1994. Any proof of claim form received after the claims filing deadline was considered "late filed".
Claims Evaluation and Distributions
In 1994, the First Interim Claims Report was filed and approved by the Second Judicial Circuit Court in and for Leon County, Florida ("Court") to resolve claims made by Class 5 claimants, which were, at that time, the employees of the company.
On October 12, 2005, the Second Interim Claims Report was filed with the Court in the estate of Union General. On October 14, 2005, the Court issued an order approving the report. On November 4, 2005, notices were sent to 8,011 claimants who filed a proof of claim with estate of Union General. The notice informed the claimants of the Receiver's recommendations concerning the classification and amount of their claim, along with instructions on how to proceed if the claimant objected to the recommendations. Objections were required to be filed by the claimant, in writing, with both the Court and the Receiver and postmarked by December 16, 2005. Objections filed after that date were not considered. All objections have been resolved.
On July 21, 2006, the Receiver's Motion for Approval of the Final Claims Report, Claims Distribution Report, Distribution Accounting and for Order Authorizing Distribution, was filed with the Court. On July 29, 2006, the Court issued an order granting approval for the Receiver to mail distribution checks representing 100% of the recommended and adjudicated amount to claimants Classes 1, 2, and 3. As a result of the order, 3,792 claimants were approved to receive a distribution check. On August 22, 2006, distribution checks were mailed. The majority of the distribution checks represented the $100.00 statutory deductible applied by the Florida Insurance Guaranty Association ("FIGA") in their settlement of claims within this estate.
On April 13, 2013. a distribution representing 100% of the remaining Class 6 and 8 claims in the estate was made pursuant to the March 20, 2012 Order Approving Receiver's Claims Distribution Report and Distribution Accounting and Authorizing Distribution.
On November 5, 2014, Judge Angela Dempsey signed an order discharging the Receiver from all duties, obligations, and liabilities in the administration of the Union General estate as of 12:01 A.M. on December 31, 2014.
All undelivered and uncashed distribution checks from the previous claims distributions have been sent to the Department of Financial Services, Bureau of Unclaimed Property. The Bureau of Unclaimed Property may be reached at:
Phone: (850) 410-9253
Toll Free: 1-888-258-2253 (Florida only)
Florida Department of Financial Services
Bureau of Unclaimed Property
P.O. Box 1910
Tallahassee, FL 32301-1910
The Department was discharged of all of its responsibilities in administering this estate and the estate was closed at 11:59 PM on December 31, 2014.
The following documents are provided as Adobe Acrobat PDF files and are best viewed using the free Adobe Acrobat reader software.
|11/04/2005||Notice to Claimants of Union General Insurance Company||35K|
|05/12/1993||Notice to Agent or Broker of Union General Insurance Company||35K|