Access Insurance Company Liquidation
A Texas court
has issued an order of liquidation for Access Insurance Company, an auto
insurer which has 42,785 policies in Pennsylvania. The liquidation order
was signed after the Texas Insurance Department determined Access Insurance to
be insolvent.
Insurance Commissioner Jessica Altman assured Pennsylvanians
who have auto insurance with Access Insurance Company they continue to have
coverage and can legally drive, but need to find new insurance with a different
company within 30 days from the date the liquidation order was signed on March
13, or when their current Access Insurance Company policy expires, whichever is
sooner. Pennsylvania drivers need to
find new coverage no later than April 12, as all Access Insurance Company
policies will terminate at 11:59 p.m. on April 12.
Pennsylvania
drivers who have coverage through Access Insurance Company should file any
claims that may arise at www.access.com, or by calling 1-866-747-6931, until
their current policy expires or until April 12. Claims filed during this
period will be paid through the Pennsylvania Property and Casualty Insurance
Guaranty Association.
Cantilo &
Bennett, L.L.P. of Austin, Texas has been appointed as the Special Deputy
Receiver to manage the liquidation. Policyholders with questions can
contact them at www.accessinsurancesdr.com, or by calling 512-478-6000.