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PARK AVENUE PROPERTY & CASUALTY INSURANCE COMPANY

Posted by on Monday, November 16, 2009 (PST)

Case No. CJ-2009-11178

Date of Receivership: November 18, 2009                                       
Date of Liquidation: November 18, 2009                                          
Policy Cancellation: No later than December 18, 2009                    

On November 18, 2009, Park Avenue Property and Casualty Insurance Company (f/n/a Providence Property and Casualty Insurance Company) became the subject of a Consent Order of Liquidation with a Finding of Insolvency and Permanent Injunction, entered by the District Court of Oklahoma County, State of Oklahoma, Case No. CJ-2009-11178. Additionally, on November 20, 2009, the Court entered a Final Order of Liquidation and Cancellation of Policies.

Pursuant to the Orders and in accordance with Title 36 OKLA.STAT. ยง2007, all policies of insurance with Park Avenue Property and Casualty Insurance Company (Park Avenue) terminated and coverage under said policies was canceled effective no later than Friday, December 18, 2009 at 11:59 p.m.

Notice to Policyholders (Workers Compensation)
Notice to Certificate Holders (Workers Compensation)
Notice to Policyholders (Auto)

For the protection of policyholders, the Order of Liquidation activates the state guaranty associations in the twenty-eight (28) states where Park Avenue is licensed to do business.

If you have questions regarding claim payments and know the guaranty association to whom your claim was transferred, click here to download the association's contact information.

If you do not know which association your claim was transferred to or have questions regarding the liquidation process in general, you may contact the Assistant Receiver at 1.800.388.2427.

Assistant Receiver:  Mark Tharp of Tharp & Associates
Receivership Attorney:  Andrew Dowing of Rhodes, Hieronymus, Jones, Tucker & Gable
Judge:  Noma D Gurich 



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