Liquidation Documents:
- Order Granting Discharge
- Application for Discharge and Recommendation for Disposition of Records
- Order to Approve Final Accounting and Distribution of Assets
- Rule to Show Cause
- Motion for Extension of Time
- Petition for Distribution and Discharge
Resources:
- Email ra-in-claims@pa.gov to inquire about the status of a claim
- Change your address with the statutory liquidator
- More information on liquidations and rehabilitations
Date of Liquidation: | June 25, 1993 | |
Filing Deadline: | June 25, 1994 | |
States Where Licensed: | All except Connecticut and Michigan | |
Type of Business Sold: | Accident & Health |
All policies except those held by New York residents, were transferred to the following companies:
Long Term Care/Nursing Home Policies
Long Term Care/Nursing Home Policies
UNUM 2211 Congress Street Portland, ME 04122 Telephone No.: (800) 693-4988 |
Accident & Health Policies
MEGA Life Insurance Co. PO Box 548801 Oklahoma City, OK 73154 Telephone No.: (800) 527-5504 |
No guaranty association coverage is available to New York residents. All policies for New York residents were cancelled effective midnight, July 25, 1993. Coverage was afforded, however, by a consortium of New York insurers, and all claims filed before the December 31, 1993 deadline have been paid.
For further information regarding a specific claim, click on one of the links at the top of the page, or call Liquidation Claims at (717) 787-7823.
For further information regarding a specific claim, click on one of the links at the top of the page, or call Liquidation Claims at (717) 787-7823.
Estimated Net Assets Available and Estimated Liabilities - As of 12/31/10
| ||
Estimated Net Assets Available
Includes early access distributions to Guaranty
Associations of $34,962,862
| $ | 64,084,398 |
Estimated Liabilities | ||
Priority Class See Footnote 1 | ||
A | 9,109,468 | |
Less:
Liquidation Expenses Paid
| (5,288,402) | |
B | 94,364,967 | |
C | ||
D | 1,000 | |
E | 499,855 | |
F | ||
G | ||
H | ||
I | ||
Known but unevaluated claims | ||
Total Estimated Remaining UnpaidLiabilities | $ | 98,686,888 |
Estimated Surplus (Deficit) | $ | (34,602,490) |
The Financial Statement Disclosure is an integral part of this statement. It is necessary to read the disclosure to fully understand the statements.