LIQUIDATION ORDER
On May 10, 2013, the Circuit Court of Cook County, Illinois issued an order finding Lumbermens Mutual Casualty Company and two affiliated companies, American Manufacturers Mutual Insurance Company and American Motorists Insurance Company (together, the "Lumbermens Mutual Group" or "LMG") insolvent and placing the companies into liquidation. The Illinois Office of the Special Deputy Receiver (OSD) will administer the liquidation. Effective that same date, the Texas Commissioner of Insurance issued an Order of Impairment for the LMG companies, which triggered the Texas Property and Casualty Insurance Guaranty Association's obligations under the Guaranty Act to handle certain claims arising out of LMG policies.
INSURANCE POLICY & COVERAGE INFORMATION
LMG has been in rehabilitation for an extended period and there are no remaining in-
NEW & PENDING LOSS CLAIMS IN FORMATION
Policyholders should continue to notify LMG, through the OSD, of new claims and lawsuits under normal reporting procedures. Notices should be sent to the attention of Ariel Aluquin at the Office of the Special Deputy Receiver, 222 Merchandise Mart Plaza, Suite 1450, Chicago, IL, 60654, (312) 836-
The OSD 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 OSD has arranged for workers' compensation claimants to continue to receive income benefits without interruption until TPCIGA has received the Texas claims and can assume handling of payments. If you received your prescriptions through First Script, arrangements have been made to continue processing prescriptions during the transition period. Other claims for medical benefits will be handled by TPCIGA once the claim files have been received.
EXCLUDED LINES
The Guaranty Act does not cover surety and bond claims. The OSD will continue to handle these claims.
STAY OF LITIGATION
All lawsuits involving the LMG companies have been stayed by order of the Illinois Court. Lawsuits pending in Texas in which LMG is a party or is obligated to defend a party are automatically stayed pursuant to Texas law until November 10, 2013 to allow TPCIGA time to receive and review the claims.
The Office of the Special Deputy has a website with more information available at http://www.osdchi.com/. You may also contact the OSD office at (312) 836-
Information as of 05/14/2013
Lumbermens Mutual Casualty Company
American Manufacturers Mutual Insurance Company
American Motorists 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.
© 2010 by Texas Property and Casualty Insurance Guaranty Association
