SFO Jimmy's Patronis' Seal

SENSIBLE HOME WARRANTY

Company Information

Infotable
Company Demographic Information
Name of Company:
SENSIBLE HOME WARRANTY
Case Number:2015 273
Guaranty Association:
None
Type of Coverage:
Home Warranty Association
State of Domicile:
Nevada
Status of Receivership:
Closed
Important Receivership Dates
Date of Rehabilitation:
N/A
Date of Liquidation:
February 19, 2015
Policy Cancellation Date:February 19, 2015
Claims Filing Deadline:
August 19, 2015
Objection Deadline:
January 25, 2016
Date of Discharge:
June 30, 2016

Notice of Receivership

​On February 19, 2015, Sensible Home Warranty, LLC (“SHW”) was ordered into ancillary receivership for purposes of liquidation by the Second Judicial Circuit Court in Leon County, Florida. The Florida Department of Financial Services is the court appointed Ancillary Receiver of SHW.

Background Information

SHW is a Nevada domiciled warranty company. SHW's primary place of business was in Brooklyn, NY. SHW apparently closed its NY offices and, as of May 2014, had a notice posted on its website that it had "shuttered its operations." The company failed to file its 2013 Annual Statement and was ordered by the Florida Office of Insurance Regulation ("OIR") to cease writing new business in Florida on March 11, 2014. As of June 1, 2014, SHW's license to offer home warranty contracts in Florida expired.

On September 24, 2014, the Department of Insurance in Nevada issued an order setting liquidation procedures.

Available records indicate that approximately 383 Florida consumers had open policies with SHW with unrefunded premiums at the time the company "shuttered its operations." The deadline for filing claims in the SHW Ancillary Receivership was 12:01 a.m. on August 19, 2015.

THERE IS NO GUARANTY ASSOCIATION COVERAGE FOR WARRANTY AGREEMENTS

Claims Distribution Made

​On April 12, 2016, 196 Sensible Home Warranty distribution checks were mailed to claimants. This represented a pro-rata distribution of 15.339% to Class 2 (loss) claimants.  Claimants had 45 days in which to cash their checks.

Pursuant to the court orders, all undelivered distributions will be sent to the Department of Financial Services, Bureau of Unclaimed Property. The Bureau of Unclaimed Property may be reached at:

www.fltreasurehunt.org
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

Estate Closed

​The Ancillary Receiver was discharged from any and all duites, obligations, and liabilities in the administration of the Sensible Home Warranty receivership at 11:59 PM on June 30, 2016. 


The following documents are provided as Adobe Acrobat PDF files best viewed using the free Adobe Acrobat reader software.

Court Documents

DateTitleSize
06/16/2016Order Granting Ancillary Receiver's Motion for Order Approving Discharge Accounting Statement, Directing Final Discharge of Receiver, Authorizing Destruction of Obsolete Records, Directing Disposition of Remaining Assets and Closing Estate74K
06/10/2016Ancillary Receiver's Motion for Order Approving Discharge Accounting Statement, Directing Final Discharge of Receiver, Authorizing Destruction of Obsolete Records, Directing Disposition of Remaining Assets and Closing Estate50K
04/04/2016Order Approving Final Claims Report, Claims Distribution Report, Distribution Accounting, and Authorizing Distribution605K
03/29/2016Ancillary Receiver's Motion for Approval of Final Claims Report, Claims Distribution Report, Distribution Accounting, and for Order Authorizing Distribution767K
12/09/2015Order Approving Ancillary Receiver's First Interim Claims Report and Recommendation on Claims632K
12/08/2015Ancillary Receiver's Motion for Approval of First Interim Claims Report and Recommendation on Claims704K
10/26/2015Order Establishing Policy Cancellation Date237K
10/22/2015Motion to Establish Policy Cancellation Date167K
04/21/2015Order Approving Procedure to Notice and Deem File all Known Claims547K
02/19/2015Order Appointing the Florida Department of Financial Services as Ancillary Receiver and Notice of Automatic Stay286K
02/02/2015Petition For Order to Appoint the Florida Department of Financial Services as Ancillary Receiver For Purposes of Liquidation, Injunction and Notice of Automatic Stay231K