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Division of Rehabilitation and Liquidation

Company Information - Great Oaks Casualty Insurance Company

Name of Company: Great Oaks Casualty Insurance Company
Date of Liquidation: December 9, 1991
Policy Cancellation Date: January 9, 1992
Claims Filing Deadline: June 9, 1992
Guaranty Association: Florida Insurance Guaranty Association (you are leaving the DFS website and opening a new browser window)
Type of Coverage: Property and Casualty
State of Domicile: Florida
Status of Receivership: Liquidation

Proof of claim forms have been mailed. Any proof of claim form filed after the claims filing deadline was considered "late filed".  If you submitted a properly completed proof of claim form, you have been notified, in writing, of the Receiver's recommendation on your claim.

In 1992 and 1999, Interim Claim Reports were filed with the Second Judicial Circuit Court in and for Leon County, Florida ("Court") to resolve specific claims made by former employees and pending litigation involving a former vendor.

On August 16, 2005, the Third Interim Claim Report was filed with the Court in the estate of Great Oaks Casualty Insurance Company ("Great Oaks Casualty").  On August 17, 2005, the Court issued an order approving the report.  On September 1, 2005, notices were sent to 10,914 claimants who filed a proof of claim with the receivership estate of Great Oaks Casualty. The notice informed them of the Receiver's recommendations concerning the classification and amount of their claim, along with instructions on how to proceed if the claimant objected to the recommendations.  Objections were required to be filed by the claimant, in writing, with both the Court and Receiver and postmarked by October 7, 2005.  Objections filed after that date were not considered. All filed objections have been resolved.

On October 18, 2006, the Receiver filed a motion for approval of the Final Claims Report, the Final Distribution Report and Listing and approval to make a distribution to claimants in Classes 1 through 3. On October 19, 2006, an order was issued that granted approval for the Receiver to mail distribution checks representing 100% of the recommended and adjudicated amount to claimants in Classes 1, 2, and 3. As a result of the order, 7,121 claimants were approved to receive a distribution check. The checks were mailed on November 16, 2006. The majority of the checks were in the amount of $100.00 which represents the statutory deductible applied by the Florida Insurance Guaranty Association in their settlement of the claims within the Great Oaks Casualty estate.

It is unknown at this time when a subsequent distribution will take place for Classes 4 through 10.

It is the claimant's responsibility to notify the Receiver, in writing, if there is a change in their name or mailing address. When corresponding with the Receiver, be sure to reference "Great Oaks Casualty Insurance Company" and the "Receiver's Claim Number ("RCN")", which will allow the Receiver to associate your request with the correct claim and receivership.
 
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