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Agent Information - Aries Insurance Company

Why did I receive this invoice for due unearned commission?

The billing statement represents the unearned commissions due on the private passenger and commercial auto policies and/or commercial lines written through your agency on behalf of Aries Insurance Company.

Sections 631.154, 626.561 and 631.155, Florida Statutes authorizes the Department of Financial Services as Receiver for Aries Insurance Company in liquidation, to collect these unearned commissions.

I cannot afford to pay the unearned commission in one lump sum payment. Is there any way that a payment plan can be set up?

Yes. Please call (786) 336-1350 to arrange to set up a payment plan.

May I pay the unearned commission by credit card?

Yes. If you wish to charge the balance due on a credit card, you may complete the “Remittance Advice” form included in your bill and submit to:

Receiver of Aries Insurance Company in Receivership
Unearned Commissions
PO Box 0817
Miami Florida 33152-0817

My records show the amount of unearned commission due is different from the amount indicated on the bill. What should I do?

You must give the Receiver written notice of your dispute. You must provide detail of your calculation of the unearned commission and the reason that supports your totals.

If you fail to dispute or object in writing to the billed amounts the Receiver will consider the balance to be correct and expect payment in full.

If I have questions regarding this bill, whom should I contact?

Please submit all questions in writing to:

Receiver of Aries Insurance Company
Unearned Commissions
PO Box 0817
Miami FL 33152-0817

How do I obtain a loss run?

You may fax your loss run request to the Receiver at 850-922-9115.

When will I receive an Agent Notice?

Agent Notices were mailed on November 18, 2002. Please click here to see the Notice.[111K PDF]

Will my earned commission claim be paid by FIGA or FWCIGA?

No. Agents’ earned commission claims are general creditor claims and are not covered by FIGA (you are leaving the DFS website and opening a new browser window) or FWCIGA (you are leaving the DFS website and opening a new browser window), but may be filed as claims in the receivership estate. There may not be sufficient assets to pay this priority of claims; however, you must file a Receiver's Proof of Claim form to have your claims considered.

If you would like a proof of claim form, please contact the Receiver by using our "Contact Us" form. Alternatively, you may contact the Receiver at 800-882-3054.

What is my responsibility to the policyholders? 

Section 631.341(2), Florida Statutes requires that agents send by certified mail or registered mail to the last known address of any policyholder a written notice of the insurer’s insolvency before the court-ordered cancellation date of the policies, which was December 14, 2002.

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