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Affirmative Co. Auto Policies to Be Cancelled

The Texas Department of Insurance has issued a notice that Affirmative Insurance Co has been put into liquidation. As a result, the department is stating that all Affirmative auto policies will be cancelled on April 24, 2016. 
The announcement from TDI indicates that an Illinois court has ordered the liquidation of the company because of financial concerns. The Texas Property and Casualty Insurance Guaranty Association will cover claims for Affirmative policies in Texas, according to TDI.
Dealers who are lienholders on customer policies issued by Affirmative should ensure that alternative insurance is in place before the Affirmative policies cancel on April 24, 2016.

Comments

 
By: how to look fair
On: 05/18/2016 19:07:11
great post

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