Court Documents Updated 12-1-09

TRANSLICO IS IN LIQUIDATION

On June 30, 2009, Transportation Liability Insurance Company, A RRG was placed into Liquidation by the State of South Carolina Richland County Court of Common Pleas Fifth Judicial Circuit (See Order Declaring Insolvency).  Scott H. Richardson, as Director of the South Carolina Department of Insurance, was appointed Liquidator.  On July 15, 2009, Scott H. Richardson appointed Michael J. FitzGibbons of FitzGibbons and Company, Inc. Special Deputy Liquidator (See Appointment of Special Deputy Liquidator). Please see the Notice of Legal Rights for further information.

PROOF OF CLAIM FORM

Proof of Claim (POC) Forms are now available.  See the Claimant's Notice and Proof of Claim & Instructions page for more information.

CHANGE OF ADDRESS

Please note that the address and phone number for TransLICo have changed.  The new contact information is:

CANCELLATION OF ALL POLICIES

By issue of the Order, pursuant to South Carolina Code of Laws 38-27-370 and, further, pursuant to the terms of South Carolina Code of Laws 38-27-380, all policies in effect at the time of issuance of an Order of Liquidation continue in force only for the lesser of:

 (1)  thirty days from the date of entry of the liquidation order (i.e. July 30, 2009 at 12:00 p.m. EDT);

(2)  the expiration of the policy coverage;

(3)  the date when the insured has replaced the insurance coverage with equivalent insurance with another insurer or otherwise terminated the policy; or

(4)  the Liquidator has effected a transfer of the policy obligation pursuant to Item(8) of   subsection (a) of section 38-27-400.

We urge you to attempt to obtain replacement insurance coverage immediately.

Due to the Order, Translico will no longer defend or pay for the defense of its insureds and, therefore, any insured in such a situation should make arrangements to employ independent counsel to defend against any legal action which would otherwise be covered under a Translico policy.

 The Liquidator will be implementing a claims process and adopting a Proof of Claim form. All insureds and agents of Translico will be provided a Proof of Claim form for filing claims once this process has been implemented. Please keep the Liquidator informed of any address changes. The bar date (last day to file a timely Proof of Claim) is November 30, 2009.

During the interim any inquiries may be directed to Claimant Services at 8300 N. Hayden Road, Suite A-100, Scottsdale, Arizona 85258, telephone number (480) 596-6992. Additionally, Translico’s website (www.translico.com) is a source for news regarding the ongoing liquidation.