Lieutenant Governor Osbert E. Potter Issues Notice to Claimants of Insolvent Insurance Companies PDF Print

 

For Immediate Release No. 34-15
June 16, 2015
For More Information Contact:

Regina Watson, Public Relations Officer

Ph:  (340) 774-2991 ext. 4122

Fax: (340) 774-6953
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Lieutenant Governor Osbert E. Potter Issues Notice to Claimants

of Insolvent Insurance Companies

 

 

 

Lieutenant Governor Osbert E. Potter, in his capacity as Commissioner of Insurance and Liquidator, is now in the final phase of liquidating the assets of American Alliance Insurance Company, Ltd., Island National Insurance Company, and Phoenix Fire and Marine Insurance Company, Ltd.

 

Claimants who believe that they may have a valid outstanding claim against these companies for losses suffered, unearned premiums or some other valid claim which entitles claimants to receive payment, are encouraged to contact the Office of the Lieutenant Governor, Division of Banking and Insurance, for more information about how to obtain payment.  Be advised that proof/evidence of a claim must be submitted.

 

Lieutenant Governor Potter advises that claimants are not entitled to receive payments for claims which have already been settled and paid in full.  All inquiries regarding the payment of claims or the filing of claims should be made at either of the following locations:

 

ST. CROIX: Office of the Lieutenant Governor, Division of Banking and Insurance • 7 & 8 King Street, 3rd Floor • Christiansted, St. Croix, USVI • Phone: (340) 773-6459

 

ST. THOMAS: Office of the Lieutenant Governor, Division of Banking and Insurance • Nisky Center, Suite 200, 2nd Floor • St. Thomas, USVI • Phone: (340) 774-7166

 

All claims must be filed no later than July 13, 2015.

 

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