K.E.L. TITLE INSURANCE GROUP INC
Company Information
Company Demographic Information | |
Name of Company: | K.E.L. TITLE INSURANCE GROUP INC |
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Case Number: | 2012 CA 3514 |
Guaranty Association: | None |
Type of Coverage: | Title |
State of Domicile: | Florida |
Status of Receivership: | Closed |
Important Receivership Dates | |
Date of Rehabilitation: | October 30, 2012 |
Date of Liquidation: | N/A |
Policy Cancellation Date: | N/A |
Claims Filing Deadline: | N/A |
Objection Deadline: | See Below |
Date of Discharge: | June 30, 2022 |
A Loss Portfolio Transfer ("LPT") to Connecticut Attorneys Title Insurance Company ("CATIC") was executed on March 11, 2022.
All KELTIG active insurance policies and liabilities on open and future claims have been transferred to CATIC. As of March 11, 2022, all claims will be the responsibility of CATIC.
Please contact CATIC for further information:
CATIC
4901 Vineland Road, Suite 210
Orlando, Florida 32811
www.catic.com
(860) 257-0606
Notice of Receivership
On October 30, 2012, K.E.L. Title Insurance Group, Inc. ("KELTIG") was ordered into receivership for purposes of rehabilitation by the Second Judicial Circuit Court in Leon County, Florida ("Court"). The Florida Department of Financial Services is the court appointed Receiver of KELTIG. The company consented to the receivership.
Background Information
The Receiver closed KELTIG’s office on December 18, 2012. For information regarding a pending claim or to file a new claim, see the Claims Information section.
On June 4, 2014, The Florida Office of Insurance Regulation approved the assessment of all Title Insurance companies domiciled in Florida for the amount sufficient to pay known claims, loss adjustment expenses and the cost of administration of the estate for the balance of 2014. Assessments may be performed on an annual basis after that and will cover Florida claims and administrative costs. For more information on the assessment, click here. Invoices were mailed June 9, 2014 and the payment deadline for the assessed carriers is September 4, 2014.
Agent Information
I am an agent who has written policies with KELTIG. What should I do?
The Receiver will be contacting you in the near future to verify all collected premium has been submitted to KELTIG. We will also be working with you to collect your unused inventory of policy jackets. Agents should complete an inventory of their current jackets to make sure all are accounted for.
Will KELTIG policyholders receive a written notice from KELTIG or the Receiver about the status of their policy?
The Receiver is still in the early stages of assessing the company's situation. If the status of the previously issued title policies changes, policyholders will receive some type of notification from the Receiver.
Assessment Information
Assessment Information (Florida Only)
Claims Information
Claims Information:
All KELTIG active insurance policies and liabilities on open and future claims have been transferred to CATIC. As of March 11, 2022, all claims will be the responsibility of CATIC. Please contact CATIC for further information:
CATIC4901 Vineland Road, Suite 210
Orlando, Florida 32811
www.catic.com
(860) 257-0606
Contact Information
Who do I contact for general questions concerning KELTIG?
Policy and Coverage Information
What is the current status of my title policy with KELTIG?
All previously issued title policies that are valid and in effect shall remain in force. The company stopped issuing new title policies on October 12, 2012, except for the issuance of policies for which the closing on real property occurred on or before October 12, 2012.
Financial Statements
The following documents are provided as Adobe Acrobat PDF files and are best viewed using the free Adobe Acrobat reader software.
Related Documents
The following documents are provided as Adobe Acrobat PDF files and are best viewed using the free Adobe Acrobat reader software.
Court Documents
Notices
Date | Title | Size |
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06/09/2014 | Sample Assessment Notice and Invoice | 200K |
11/09/2012 | Notice To Agent or Broker | 72K |
Other
Date | Title | Size |
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02/08/2013 | Claim Submission Form | 120K |