South Carolina Insurance Company, Consolidated American Insurance Liquidations Continue

July 27, 2005

Liquidation efforts are continuing for two companies, South Carolina Insurance Company and the Consolidated American Insurance Company, according to South Carolina’s Special Deputy Liquidator J. Smith Harrison Jr.

The two companies were placed in liquidation on March 21, 2005 and according to Harrison, open claims have been distributed to the various guaranty associations. Agents and brokers are encouraged to check with their state guaranty associations for the status of particular claims.

Claimants with non-guaranty claims or claims that might exceed state guaranty limits should file a proof of claim with South Carolina’s Office of the Special Deputy Liquidator.

The final date for filing a claim with the estate of either company is 11:59 pm EDT on December 31, 2005. Proof of Claim forms are available by contacting the Office of the Special Deputy Liquidator, by phone (803) 744-4311, by email at infor@scwind.com or by to post P.O. Box 407, Columbia, SC 29202.

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