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On September 27, 2022, FedNat Insurance Company ("FNIC") was placed into receivership by the Florida Office of Insurance Regulation (OIR). The Florida Department of Financial Services (DFS) now has authority over FNICs operations; including bank accounts. A copy of the Liquidation Order for FedNat Insurance Company is available on the Departments website, www.myfloridacfo.com/division/receiver. The Department is currently gathering claim files and claim data to forward the information to applicable GAs. As a result, there may be a slight delay in claim processing during this transitional period. The Departments website, www.myfloridacfo.com/division/receiver, will be updated as appropriate regarding the claim transfer process. A Guaranty Association ("GA") is a nonprofit corporation statutorily created to provide a mechanism for the payment of policy related loss claims and unearned premium when an insurance company is liquidated. For more information, you can find specific information about your states Guaranty Association at: Alabama Insurance Guaranty Association - 205-823-4042 Florida Insurance Guaranty Association - https://figafacts.com/ Georgia Insurers Insolvency Pool – https://www.gaiga.org Louisiana Insurance Guaranty Association - https://www.laiga.org/ Mississippi Insurance Guaranty Association - https://ms-miga.com/ South Carolina Property and Casualty Insurance Guaranty Association - http://www.scguaranty.com/ Texas Property and Casualty Insurance Guaranty Association - http://www.tpciga.org/ For information on a bounced check or the time it will take to receive a replacement check contact the Department at 1-800-882-3054 or online at http://myfloridacf
The Banks most important objectives are to maintain the external stability of the Netherlands Antillean guilder (NAf.) and to promote the efficient functioning of the financial system in the Countries Curacao and St. Maarten. To realize these objectives, the Bank, as the supervisory authority, has frequently recurred to credit control measures and/or to change the discount rate. The functions of the Bank, explicitly summed up in the Bank Charter, are; First, the Bank is the only institution entitled by law to issue paper money in the Countries Curacao and St. Maarten. The Bank also is charged with the circulation of coins. Second, the Bank supervises banking and credit institutions to guarantee depositors and other creditors funds at banking and credit institutions in particular and the soundness of the financial sector in general. Third, the Bank manages the foreign exchange reserves of the Netherlands Antilles, which includes regulating of the transfer of payments between residents and nonresidents of the Countries Curacao and St. Maarten. Finally, the Bank acts as the governments treasurer by receiving and making payments from and to the public through the tax collectors accounts at the Central Bank.
Kaufman Dolowich LLP is a nationally recognized litigation law firm that has been serving the business and insurance communities since 1986. With 13 offices across the United States, Bermuda, and the United Kingdom, the firm has expanded from a boutique labor and employment practice into a comprehensive legal service provider. It offers a wide range of services, including labor and employment law, insurance coverage and litigation, professional liability, construction law, and more. The firm is known for its client-centered approach, focusing on developing innovative and cost-effective legal strategies tailored to various industries and complex legal matters. Kaufman Dolowichs attorneys are recognized leaders in their fields, often sharing their expertise at national conferences. The firm has a diverse clientele, including businesses and insurance carriers of all sizes, and has received accolades for its workplace culture, including multiple Mansfield Certification recognitions and being named among the “Best Companies to Work For” by U.S. News & World Report.