Reciprocal Of America and The Reciprocal Group,
In Receivership For Liquidation

Historical Information

Frequently Asked Questions

THE FOLLOWING QUESTIONS AND ANSWERS PROVIDE AN OVERVIEW OF INFORMATION REGARDING THE RECEIVERSHIP AFFAIRS OF RECIPROCAL OF AMERICA ("ROA") AND THE RECIPROCAL GROUP ("TRG") (COLLECTIVELY, THE "COMPANIES"). ALFRED W. GROSS, COMMISSIONER OF INSURANCE, AS DEPUTY RECEIVER OF THE COMPANIES (THE "DEPUTY RECEIVER") RESERVES THE RIGHT TO PROVIDE UPDATED AND NEW INFORMATION THAT MAY AFFECT THE INTERESTS OF THE COMPANIES. NOTHING HEREIN CONSTITUTES A BINDING LEGAL STATEMENT BY THE RECEIVER, THE DEPUTY RECEIVER, OR THEIR REPRESENTATIVES. NOR ARE THE STATEMENTS CONTAINED HEREIN INTENDED AS COMPLETE LEGAL DESCRIPTIONS OF THE EVENTS OR MATTERS TO WHICH THEY RELATE. THE MATERIAL PROVIDED HEREIN IS OFFERED ONLY FOR THE PURPOSE OF GENERAL INFORMATION. FOR FULL LEGAL INFORMATION, INTERESTED PARTIES SHOULD REVIEW THE SOURCE DOCUMENTS AND APPLICABLE LEGAL AUTHORITIES.

  1. INITIATION OF RECEIVERSHIP PROCEEDINGS AND APPOINTMENT OF DEPUTY RECEIVER

  2. SUSPENSION AND MORATORIUM ON OTHER CLAIM PAYMENTS

  3. MORATORIUM ON ALL NEW AND RENEWAL INSURANCE POLICIES

  4. TERMINATION OF AGENTS AND AGENT COMPENSATION

  5. THE LIQUIDATION OF ROA AND TRG

  6. GUARANTY ASSOCIATIONS AND YOUR CLAIM

  7. CLAIM PAYMENTS FROM THE RECEIVERSHIP ESTATE

  8. CANCELLATION OF DIRECT INSURANCE POLICIES

  9. CLAIM COVERAGE QUESTIONS: WORKER'S COMPENSATION BENEFITS; PRE-RECEIVERSHIP JUDGMENTS; SETTLEMENTS; AND DEFENSE COSTS

  10. FILING A CLAIM AND THE PROOF OF CLAIM PROCESS

  11. HOW TO OBTAIN A LOSS RUN

  12. THE RECEIVERSHIP APPEAL PROCEDURE FOR THE ADJUDICATION AND APPEAL OF CLAIM DECISIONS

  13. TENNESSEE RISK RETENTION GROUPS' JOINT PETITION TO THE COMMISSION

  14. EARLY ACCESS DISBURSEMENT TO GUARANTY ASSOCIATIONS

  15. APPENDIX I - JURAT

  16. APPENDIX 2 - PETITION STYLE