• NOTICE TO THE DEBTORS, PRINCI...

NOTICE
TO THE DEBTORS, PRINCIPALS, OBLIGEES, CLAIMANTS, CREDITORS AND ALL OTHER PERSONS INTERESTED IN THE
AFFAIRS OF SENIOR AMERICAN INSURANCE COMPANY
(IN LIQUIDATION)






NOTICE IS HEREBY GIVEN:


The Commonwealth Court of Pennsylvania ordered Senior American Insurance Company (In Liquidation) (SAIC) into liquidation effective September 3, 2019. Jessica K. Altman, Insurance Commissioner of the Commonwealth of Pennsylvania, was appointed the Statutory Liquidator, and was ordered to take possession of SAIC's property and to liquidate its business. Deputy Insurance Commissioner Laura Lyon Slaymaker oversees the liquidation on her behalf.


This information is important. It is recommended that you read it carefully before contacting the Liquidator's Office with questions. You may also want to consult your attorney or insurance advisors before you proceed.


Procedures for Policy Benefit Claims


If you submitted your policy claim to SAIC before the liquidation, it is not necessary for you to do anything else at this time. If you have new policyholder claims, you should submit those claims to SAIC the same way you have done in the past and until instructed otherwise.


Procedures for Claims Other than Claims for Policy Benefits


If you have a claim against SAIC (other than a claim for policy benefits) that you intend to pursue, you must file a Proof of Claim in order to have your claim considered.


It will be several years before all of SAIC's assets are collected and distribution amounts can be determined. To participate in a distribution of assets, you must file a proof of claim. A Proof of Claim form and detailed instructions for filing a proof of claim are included in this Notice packet. You must file a separate Proof of Claim for each claim you make. If you have more than one claim, you may make copies of the enclosed form, or you may also obtain a Proof of Claim form using one of the following methods:


1) Visit the Pennsylvania Insurance Department's website at www.insurance.pa.gov , Click on Consumers, then Liquidations and Rehab, then Estates in Liquidation, and finally, Senior American Insurance Company.
2) Email the Statutory Liquidator ra-in-claims@pa.gov
3) If you do not have internet access:
a. Call the Statutory Liquidator at (717) 787-7823
b. Submit a written request to the Statutory Liquidator at:


Statutory Liquidator for SAIC, Capitol Associates Building, 901 N. 7th Street, Harrisburg, PA 17103


A proof of claim shall include the following:


- A Proof of Claim form containing the original signature of the claimant;
- A description of the claim and any security interest;
- Whether collateral security or personal security is pledged;
- Documentation of any payments made on the claim;
- A statement that the amount is justly owed to the claimant; and
- Whenever a claim is based upon an instrument in writing, such as a con- tract, a copy of that document should be attached to the proof of claim. If the document has been destroyed, a statement of the facts and cir- cumstances of the loss must be filed, under oath, with the claim.


All completed, signed Proof of Claim forms and supporting documenta- tion may be submitted by mail, facsimile or email as follows:

Address: Statutory Liquidator for SAIC
Capitol Associates Building
901 N. 7th Street - Room 201
Harrisburg, PA 17103
Facsimile: (717) 783-9326
Email: ra-in-claims@pa.gov


If you have any questions about the Proof of Claim process, please call the Statutory Liquidator at (717)787-7823.


Additional material regarding the liquidation process can be found at the Department's website www.insurance.pa.gov (Click on the "Consumers" tab, then the "Liquidations & Rehab" tab and then "Estates in Liquidation").


This Notice and the information contained herein are in summary form and may not contain all necessary information for your particular situation. You are urged to consult an attorney if you have any questions. All claims are subject to payment only in accordance with applicable law.


General questions about the liquidation process should be directed to the Statutory Liquidator at:


Statutory Liquidator for SAIC
Capitol Associates Building
901 N. 7th Street
Harrisburg, PA 17102

CHANGE OF ADDRESS NOTIFICATION

YOU ARE REQUIRED BY ARTICLE V OF THE INSURANCE
DEPARTMENT ACT TO NOTIFY THE STATUTORY LIQUIDATOR OF YOUR CHANGE OF ADDRESS. FAILURE TO DO SO MAY JEOPARDIZE YOUR RECOVERY FROM THE ESTATE.



You must submit your change of address in writing. For your convenience, you may obtain a "Change of Address" form using the same methods as the Proof of Claim form (see prior page). Otherwise, submit a signed letter stating your name, your SAIC policy number, previous address, current address and current telephone number. All change of address notifications must be mailed to the following address:

Statutory Liquidator for SAIC
Capitol Associates Building
901 N. 7th Street
Harrisburg, PA 17102

If you have any questions about changing your address in connection with a Proof of Claim, please call the Statutory Liquidator at (717)787-7823.





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PostedSeptember 08, 2019