LUMBERMEN’S UNDERWRITING ALLIANCE

PLACED IN LIQUIDATION 5/23/2016


LIQUIDATION ORDER


On May 23, 2016, the Circuit Court of Cole County, Missouri issued an order finding Lumbermen's Underwriting Alliance ("LUA") insolvent and placing the company into liquidation. The Missouri Department of Insurance is responsible for the liquidation of LUA. Effective that same date, the Texas Commissioner of Insurance issued an Order of Impairment for LUA, which triggered the Texas Property and Casualty Insurance Guaranty Association's obligations under the Guaranty Act to handle certain claims arising out of LUA policies.


INSURANCE POLICY AND COVERAGE INFORMATION

Any LUA policies still in force will cancel on June 22, 2016, at 12:01 a.m. at the local time for the insured's usual place of business. Policyholders should contact their agent or other business advisors regarding obtaining replacement coverage. The Texas Department of Insurance's website also offers a FAQ for consumers regarding policies and coverages.

  

NEW AND PENDING LOSS CLAIMS INFORMATION

  

Policyholders should continue to notify LUA of new claims and lawsuits under normal reporting procedures. Notices should be sent to the attention of Deirdre Calvin at Deirdre.Calvin@ins-lua.com or by phone to

(561) 314-2091.


The Missouri Department of Insurance is arranging for the transfer of claims files to TPCIGA for handling. Please forgo contacting TPCIGA for several weeks to allow sufficient time for the file transfer and initial review. TPCIGA will be unable to discuss the status of pending claims until the files have been transferred. We appreciate your patience.

  

WORKERS' COMPENSATION CLAIMS INFORMATION

  

The Missouri Department of Insurance has arranged for workers' compensation claimants to continue to receive income benefits for up to ten weeks without interruption until TPCIGA has received the Texas claims and can assume handling of payments. If a claimant has immediate pharmacy or medical needs, please contact us at (800) 856-0298.

  

STAY OF LITIGATION


All lawsuits involving LUA have been stayed by order of the Missouri Court. Lawsuits pending in Texas in which LUA is a party or is obligated to defend a party are automatically stayed pursuant to Texas law until November 23, 2016 to allow TPCIGA time to receive and review the claims.


The Missouri Department of Insurance has posted information about LUA, in liquidation at www.lumbermensunderwriting.com and www.insurance.mo.gov. You may also contact them at (561) 994-1900 or by email at LUALiquidation@ins-lua.com.




Information as of 05/27/2016


Lumbermen’s Underwriting Alliance

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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.  


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