Important Notice to Our Customers, Affiliates and Business Partners the latest information can be obtained at the State of Hawaii Insurance Division's informational website
http://www.primeguard. Hawaii. Gov or (808) 586-7412
12/21
The Insurance Commissioner of the State of Hawaii issued "Cease and Desist" Orders to 1SourceAutoWarranty and First Assured Warranty Corporation prohibiting them from conducting the business of a service contract provider pursuant to Hawaii laws, and from selling or offering for sale any service contract that is purportedly insured by PrimeGuard Insurance Co., Inc.
12/19
The Circuit Court of the State of Hawaii issued an Order of Liquidation against PrimeGuard Insurance Co., Inc.
The Order of Liquidation was granted because of PrimeGuard's insolvency and hazardous financial condition. The liquidation proceedings generally provide for an orderly identification of past and potential future claims against the estate, as well as, the identification and consolidation of available assets that may be used to satisfy the liabilities of estate. The Insurance Commissioner of the State of Hawaii has been appointed as the Liquidator of the estate, and has the authority and responsibility to take possession of the assets of PrimeGuard and administer them under the supervision of the Court.
The Liquidator will be utilizing documents and records of PrimeGuard and its insured warranty administrators, as well as, inquiries that have been made directly with the State of Hawaii Insurance Division via voice mail, email, facsimile transmission, or regular mail, to identify potential claimants.
Upon approval of the claim filing plan and forms by the Court, the Liquidator will contact potential claimants with specific information about the filing of claims, including but not limited to, what needs to filed, how it should be filed, and when it has to be filed by. Potential claimants may be contacted by the Liquidator via direct mail, or by general notification via appropriate publications in locations where potential claimants may be resident, and this website.
Once the claims have been received, they will be reviewed and verified to the Court, who will then make a determination on when and how much can be disbursed to each claimant.
Thanks
Customer are left out in the cold. No Warranty, very doubtful to get a refund from Liquidation, and to buy a warranty now with higher miles, it's going to be VERY expensive.
I hope Mark Storrer does not set foot in Texas.
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