According to a bulletin from the Pennsylvania Insurance Department, 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 on March 13 after the Texas Insurance Department determined Access Insurance to be insolvent. An FAQ document is also available detailing answers to common questions on coverage and claims.
Earlier in March, the California Insurance Commissioner issued a cease and desist order against Access requiring the company immediately stop transacting, soliciting, negotiating, or administering and writing any new or renewal insurance business
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.