Access Insurance Company liquidation announced, consumers need new insurance coverage

(Harrisburg, PA – Insurance News 360) – On March 22, Pennsylvania Insurance Commissioner Jessica Altman announced that Texas-based auto insurer Access Insurance Company has been issued an order of liquidation by a Texas court. In Pennsylvania, there are more than 42,000 policies affected.

Those affected by this liquidation can legally drive, but need to find new insurance by April 13, or when their current policy expires, whichever date comes first. The company’s policies will expire 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,” Altman said.  Claims filed during this period will be paid through the Pennsylvania Property and Casualty Insurance Guaranty Association.

The Special Deputy Receiver in this case is Cantilo & Bennett, L.L.P. of Austin, Texas and will manage the liquidation.  Policyholders with questions can contact them at www.accessinsurancesdr.com, or by calling 512-478-6000.

“Pre-paid premiums will be refunded to policyholders as soon as practical.  Policyholders do not need to take any action to receive refunds,” Altman said.

Consumers with questions may also call the Pennsylvania Insurance Department Consumer Services Bureau at 1-877-881-6388, or use the link on the department’s homepage, www.insurance.pa.gov, to ask a question.

Source: Pennsylvania Insurance Department.

Comments are closed.