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    Email inquiries to ra-in-claims@pa.gov.

    Date of Liquidation:August 31, 2000
    Filing Deadline:August 31, 2001
    States Where Licensed:Pennsylvania
    Type of Business Sold:Property & Casualty - Substandard Auto

    The appropriate guaranty associations are processing outstanding claims, which occurred prior to the liquidation date or within 30 days thereafter as approved up to the limits allowed in the appropriate guaranty association law. All coverage was cancelled on the normal expiration date or 30 days from the date of liquidation, whichever was earliest. All claims should be reported to the agent who will refer them to the appropriate guaranty association for processing. All claims for policy benefits not covered by the guaranty associations have been filed against the estate. Once the estate has been finalized, claims will be paid to the extent funds are available to do so.

    The Commonwealth Court of Pennsylvania issued an Order of Discharge and Distribution for this estate on October 10, 2006.​

    You can address your questions about the guaranty association's responsibilities to PPCIGA at:

    Pennsylvania Property & Casualty Insurance Guaranty Association
    PPICGA at 1620 Suburban Station Bldg.
    1617 J.F.K. Boulevard
    Philadelphia, PA 19103
    Telephone (215) 568-1007

    Premier Auto Insurance Assets and Liabilities

    Premier Auto Insurance Company
    Estimated Net Assets Available and
    Estimated Liabilities
    As of 6/30/06
    Estimated Net Assets Available
    Includes early access distributions to Guaranty
    Associationsof $17,206
    		$7,129,495
    Estimated Liabilities
    Priority Class See Footnote 1
    A1,653,088
    Less:
    Liquidation Expenses Paid
    		(1,508,079)
    B4,273,251
    C
    D
    E330,900
    F
    G309,396
    H
    I
    Known but unevaluated claims
    Total Estimated Remaining Unpaid Liabilities$
    6,566,635
    Estimated Surplus (Deficit)$2,071,443


    The Financial Statement Disclosure is an integral part of this statement. It is necessary to read the disclosure to fully understand the statements.

    Footnotes:
    1 Priority Classes
    The order of distribution of claims from the insurer's estate is set forth in detail in Article V of the Insurance Department Act of 1921 at 40 P.S. 22144. Briefly the classes are:
    A Administrative expenses
    B Claims for policy benefits
    C Federal government claims
    D Certain employee claims
    E General creditor claims
    F Stateand local government claims
    G Late filed claims
    H Surplus or contribution note claims
    I Shareholder/owner claims.
    2 Priority Class A - Administrative Expenses
    Administrative expenses include both the Guaranty Associations expenses related to administering the claims of the companies in liquidation and the Liquidators expenses. As shown, the Liquidators expenses have been bracketed to indicate they have been paid and the net assets available were reduced by that amount. The net difference in this priority class, if any, represents administrative expenses incurred by the Guaranty Associations.

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