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Lumbermen’s Underwriting Alliance

05/23/2016

On May 23rd, 2016, Lumbermen’s Underwriting Alliance (“LUA”) was the subject of an Order of Liquidation with a Finding of Insolvency entered by the Circuit Court of Cole County, Missouri in Case No. 15AC-CC00224. The Order appoints the John M. Huff, Director of the Department of Insurance, Financial Institutions and Professional Registration, and his successors in office, as liquidator (“Liquidator”) of LUA and grants the Liquidator full power, possession and control over the assets, business and affairs of the company, including all of the property, contracts, rights of action and books and records.

 

The Order states the Proof of all Claims shall be filed with the Liquidator in the approved form on or before 4:30 Central Time on May 24, 2017, the Claims Bar Date.

 

The Liquidator’s staff may be contacted at:

 

Lumbermen’s Underwriting Alliance in Liquidation

c/o Special Deputy Receiver

1905 N.W. Corporate Blvd., Suite 110

Boca Raton, FL  33431-7303

or by phone at (816) 460-2495

 

Policies issued by LUA will be canceled on the earliest of the following dates:

• At 12:01 a.m. on the 31st day following the effective date of the Order

• The date of expiration of the policy coverage

• The date the policyholder replaces the insurance coverage or otherwise terminates the policy.

 

For the protection of the policyholders, the Order activates the state guaranty associations in the states where LUA was licensed to do business.

 

More information may be obtained at http://www.lumbermensunderwriting.com/

 



news | by Dr. Radut