ASSOCIATED BUSINESS AND COMMERCE INSURANCE CORPORATION
|Company Demographic Information|
|Name of Company:||ASSOCIATED BUSINESS AND COMMERCE INSURANCE CORPORATION|
|Case Number:||98 1239|
|Guaranty Association:||Florida Workers’ Compensation Insurance Guaranty Association|
|Type of Coverage:||Property and Casualty|
|State of Domicile:||Florida|
|Status of Receivership:||Closed|
|Important Receivership Dates|
|Date of Rehabilitation:||March 04, 1998|
|Date of Liquidation:||April 24, 1998|
|Policy Cancellation Date:||May 25, 1998|
|Claims Filing Deadline:||April 24, 1999|
|Objection Deadline:||See Below|
|Date of Discharge:||June 30, 2013|
Proof of claim forms have been mailed to potential claimants in the receivership of Associated Business and Commerce Insurance Corporation ("Associated Business"). Any proof of claim forms filed after the claims filing deadline of April 24, 1999 will be considered "late filed".
On May 28, 2008, the First Interim Claims Report and Recommendations on Claims was filed with the Court. On the same day, the Court issued an Order approving the report. On June 11, 2008, notices were mailed to 2,602 Associated Business claimants informing them of the Receiver's recommendations concerning the classifications and amounts on their claims, along with instructions on how to proceed if a claimant objects to the recommendations. Objections were required to be filed by the claimant, in writing, with both the Court and the Receiver and postmarked by July 21, 2008. Objections filed after that date were not considered.
On June 26, 2013, the Court approved an order, to be effective June 30, 2013, discharging the Receiver from any further responsibilities regarding Associated Business and Commerce Insurance Corporation and closing the estate.
The Department was discharged of all of its responsibilities in administering this estate and the estate was closed at 11:59 PM on June 30, 2013.
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