Pursuant to the Judgment, all parties wishing to assert claims against National States, other than policyholder benefit claims, must complete and return the Proof of Claim ("POC") form so that it is received by the Liquidator on or before November 15, 2011 at 4:30 p.m. Central Standard Time (the "Claims Bar Date") or they may not be considered. There will be no payment by National States for any claim, incident, lawsuit or other matter, other than policyholder benefit claims, not properly filed as a POC on an official POC form, even if it was previously filed with National States or another person or official. Each claim must be filed on a separate POC form. All claims liabilities will be determined and all assets will be distributed in accordance with the Liquidation Act.
There must be an original signature on the POC. Completed POC forms should be mailed to the Liquidator at the address below. The POC will be approved or denied by the Liquidator. A hearing on the POC may be required.
Keep a copy of your POC form and proof of its timely mailing. If you want proof that your claim was received, send your POC via registered or certified mail, return receipt requested, but you must assure that the POC is received at the above address by the Claims Bar Date. All claims received after the Claims Bar Date will be precluded from sharing in the distribution of available assets, if any, from the National States estate in any manner until the timely-filed approved claims of all other creditors have been paid in full.
To obtain an official POC form, click here.
Official POC forms must be received by the Liquidator at the address below:National States Insurance Company
Attention: Special Deputy Receiver
1830 Craig Park Ct.
St. Louis, MO 63146
THE COURT HAS ORDERED THAT ALL CLAIMS MUST BE TIMELY FILED WITH THE LIQUIDATOR AT THE ABOVE ADDRESS ON OR BEFORE 4:30 p.m. CST, November 15, 2011.
YOU ARE REQUIRED TO NOTIFY THE LIQUIDATOR OF YOUR CHANGE OF ADDRESS. FAILURE TO DO SO MAY JEOPARDIZE YOUR RECOVERY FROM NATIONAL STATES.
What happens when a company becomes insolvent and is liquidated?
Liquidation is similar to bankruptcy. When a company is liquidated, the Liquidator gathers the company’s assets and determines what liabilities, such as bills and claim payments, it has. The Liquidator then develops a plan to distribute the company’s assets according to law and submits the plan to the Court for approval. The liquidation process is very complex and is expected to take many years.
Information mailed to non-policyholders:
Information mailed to policyholders: