Transport Insurance Company
Placed in Liquidation October 21, 2025
LIQUIDATION ORDER
Transport Insurance Company (“Transport”) was declared insolvent and placed into liquidation by the Court of Common Pleas of Franklin County, Ohio on October 21, 2025. The AGREED Order OF LIQUIDAITON (the “Liquidation Order”) may be viewed here. The Superintendent of Insurance for the State of Ohio has appointed Black & Gerngross, PC as the Special Receiver to administer the Transport Estate.
The Liquidation Order activates the obligations of the Texas Property and Casualty Insurance Guaranty Association (“TPCIGA”) to handle certain Transport claims under the Texas Property and Casualty Insurance Guaranty Act, Tex. Ins. Code Ch. 462, known as the Guaranty Act.
CANCELLATION OF POLICIES
All Transport policies will be cancelled by the Liquidation Order at 11:59 P.M. on November 20, 2025, the thirtieth day following the effective date of that Order, unless they expired or canceled earlier in the normal course of business. Please contact your insurance agent or financial adviser immediately about securing other insurance. Coverage will not be extended beyond that date.
NEW AND PENDING LOSS CLAIMS INFORMATION
Report new claims or claims reopening to the Special Receiver as follows:
James J. Black, III
Black & Gerngross, PC
1617 John F. Kennedy Blvd., Suite. 1575
Philadelphia, PA 19103
Phone: (215) 636-1650; fax (215) 636-0268
The Special Receiver will coordinate with TPCIGA to set up or reopen claims, as needed. TPCIGA is also working with the Receiver to arrange for transferring the existing Texas claims to TPCIGA for handling. Policyholders and claimants are requested to forgo contacting TPCIGA on non-hardship matters 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.
Both claimants and insureds are required to exhaust all other available insurance, including an insured’s right to a defense, pursuant to Tex. Ins. Code §462.251. TPCIGA is not bound by any pre-insolvency agreement to share defense costs between or among an insured’s insurers. All forms of other available insurance must be exhausted before TPCIGA can consider payment of a claim.
WORKERS’ COMPENSATION CLAIMS INFORMATION
The Special Receiver will continue paying workers’ compensation medical and indemnity benefits during the transition of Transport claims to the guaranty associations. If your indemnity payment does not arrive, or you need immediate medical or pharmacy benefits, please contact us at (800) 856-0298.
UNEARNED PREMIUM
Any claims for unearned premium will be processed as soon as possible after TPCIGA receives all necessary financial information from the Receiver. It is not necessary to file a claim with TPCIGA for your unearned premium.
LAWSUITS AND STAY OF LITIGATION
Litigation against Transport is permanently enjoined by the Liquidation Order. This means suits directly against Transport may not proceed except within the Ohio receivership proceeding. You will need file a Proof of Claim in the Ohio receivership proceeding for claims against Transport. Any pending third-party lawsuit in which Transport is obligated to defend a party is automatically stayed for six months from the date of the Liquidation Order, or until April 21, 2026, pursuant to Tex. Ins. Code §462.309. The statute of limitations is not tolled by the automatic stay. You must protect your rights.
PRIOR OR PENDING SETTLEMENTS
TPCIGA is not bound by a settlement or release entered into by Transport or its insureds, and such a settlement is not evidence of liability or damages against TPCIGA or an insured. Tex. Ins. Code §462.303. Additionally, TPCIGA is not bound by any cost-sharing agreement for the defense of an insured entered into by the insolvent insurer. TPCIGA is obligated to review all claims to determine the extent to which they may be payable under the Guaranty Act.
NET WORTH EXCLUSION
Except for a workers’ compensation claim for benefits, §462.212 excludes from the scope of the Guaranty Act any claim under a policy issued to an insured with a net worth in excess of $50 million on December 31. 2024. For purposes of the net worth exclusion, the insured’s net worth includes the aggregate net worth of the insured and the insured’s parent, subsidiary and affiliated companies computed on a consolidated basis. Please refer to the Guaranty Act for additional information.
SPECIAL RECEIVER CONTACT INFORMATION
James J. Black, III
Black & Gerngross, PC
1617 John F. Kennedy Blvd
Suite 1575
Philadelphia, PA 19103
Phone: (215) 636-1650
Fax: (215) 636-0268
Email: jblack@blackgern.com
Website: https://transportliq.com/
BAR DATES:
Estate claim filing deadline: 5/21/2026
TPCIGA Bar Date: 4/21/2027