Discharged Insurance Company

White Hall Mutual Insurance Company

 

Liquidation Documents:

Resources:

Date of Liquidation: April 10, 2003
States Where Licensed: PA, NJ, DE, MD
Type of Business Sold: Commercial Multiple Peril, Homeowners Multiple Peril, CommercialAuto Liability, Products Liability, Allied Lines, Fire, Auto Physical Damage, Other Liability and Inland Marine

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 earlier. 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 must be filed against the estate using the proof of claim form. Once all assets have been collected and claims evaluated, claims will be paid to the extent funds are available to do so. This process will take several years.

The link for information regarding the proof of claim process for White Hall Mutual can be found above. A link is also included for the Notice of Liquidation, the Liquidation Order, as well as the Question & Answer Form.

The Commonwealth Court approved the first and final distribution on June 1, 2011. Checks were mailed to all priority level "a" "b" and "c" claimants on June 1, 2011. The checks represented a100% percent distribution tothose claimants.

Priority class "e" claimants were issued checks on June 1, 2011 and those checks represented a 84% distribution to those claimants.

For further information regarding a specific claim please 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 $5,180,000
$8,012,492
Estimated Liabilities
Priority Class See Footnote 1
A2,003,835
Less: Liquidation Expenses Paid
(1,659,499)
B5,160,929
C357,769
D
E2,406,430
F
G
H
I
Known but unevaluated claims
Total Estimated Remaining Unpaid Liabilities$
8,269,464
Estimated Surplus (Deficit)$(256,972)


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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