TPCIGA-Lincoln General Ins Co

LINCOLN GENERAL INSURANCE COMPANY

PLACED IN LIQUIDATION EFFECTIVE 11/05/2015

LIQUIDATION ORDER

Lincoln General Insurance Company was placed into Liquidation proceedings with a finding of insolvency in its home state of Pennsylvania. On November 5, 2015, the Commonwealth Court of Pennsylvania issued an Order of Liquidation enjoining all persons from instituting or further prosecuting any action against Lincoln General and setting a deadline of July 6, 2016 for filing any claim against the estate of Lincoln General.

IMPAIRMENT ORDER

The Texas Commissioner of Insurance has issued an Order designating Lincoln General as an impaired insurer pursuant to TEX.INS.CODE chapter 462 and triggering the obligations of the TPCIGA to pay "covered claims".

CANCELLATION OF POLICIES

The Order of Liquidation cancels all Lincoln General in-force policies of insurance effective no later than December 4, 2015

LAWSUITS AND STAY OF LITIGATION

Any pending action in which Lincoln General is obligated to defend a party is automatically stayed as to all parties and for all purposes for a period of six (6) months, or until May 5, 2016, pursuant to TEX.INS.CODE § 462.309. All lawsuits against Lincoln General are permanently stayed by the Order of Liquidation.

NEW & PENDING LOSS CLAIMS INFORMATION

Policyholders should continue to notify Lincoln General of new claims and lawsuits by telephone (717) 787-7823 or by mail to Statutory Liquidator for Lincoln General, Capitol Associates Building, 901 N. 7th Street, Harrisburg, PA 17102.

The TPCIGA is awaiting receipt of claim files from the Liquidator. Policyholders and claimants are requested to forgo contacting TPCIGA for 4-6 weeks, or until late mid-December 2015, to allow sufficient time for the file transfer and initial review. The TPCIGA will be unable to discuss the status of pending claims until the files have been transferred.

If you have insurance through another carrier, that insurance is now primary and you should contact your carrier to make a claim. All forms of other available insurance, including health benefits, must be exhausted before TPCIGA can consider payment of your claim.

UNEARNED PREMIUM

Claims for unearned premium will be processed as soon as possible after TPCIGA receives all necessary financial information from the Liquidator. It is not necessary to file a claim for your unearned premium.

LIQUIDATOR CONTACT INFORMATION

To download a Proof of Claim form, visit www.insurance.pa.gov (click on Regulations, then Liquidations and Rehabilitations). You may also contact the Liquidator as follows:

Via email: ra-in-claims@pa.gov

Telephone: (717) 787-7823

Mail: Statutory Liquidator for Lincoln General

Capitol Associates Building

901 N. 7th Street

Harrisburg, PA 17102

Information as of 11/09/2015

Lincoln General Insurance Company

Information on this site is not legal advice and is not intended to be a comprehensive statement of the law or of the TPCIGA's policies and procedures. References to the laws of any jurisdiction are for informational purposes only and are not a substitute for the official version of a statute. TPCIGA makes no warranty as to the accuracy or reliability of the content of this website or other related websites.