Texas Department of Insurance
www.tdi.state.tx.us - Consumer Helpline 1-800-252-3439
Vesta Insurance Group (including Texas Select) Resource PageUnearned Premium Refunds FAQs | Update about Court Proceedings | TDI Help Lines | Shopping Tips | Having Trouble Finding Insurance? | FAQs | Consumer Publications | Special Deputy Receiver | Guaranty Funds | How to File an Insurance Complaint | Help Us Prevent Insurance Fraud | TDI News Releases | Contact TDI Notice of Unearned Premium Refunds for ZC Sterling (Updated 12/14/2006) Unearned Premium Refunds Frequently Asked Questions (Updated 11/30/2006)
Texas Consumers: Begin shopping for new homeowners insurance coverage immediately! The Texas Commissioner of Insurance has been appointed Receiver of the Texas-domiciled insurers in the Vesta Insurance Group. The Receiver has made the difficult decision to stop writing new policies, discontinue renewing policies, and cancel all existing policies that are currently in force as of 12:01 a.m. August 24, 2006. Vesta Insurance Group includes the following Texas member companies:
You have the right to choose your new insurance carrier. This resource page provides information to help you begin shopping for new homeowners coverage in Texas immediately.
Insurance Assistance for Vesta Insurance Group (including Texas Select) Policyholders - Who to Call for Help Update about Court ProceedingsOn June 28, 2006, Texas Select Lloyds Insurance Company, Vesta Fire Insurance Corporation, Shelby Insurance Company, Shelby Casualty Insurance Company and Vesta Insurance Corporation (the "Texas Vesta Companies") were placed into rehabilitation by the Travis County District Court. Texas Insurance Commissioner Mike Geeslin was appointed as Receiver and he in turn appointed Prime Tempus, Inc. to serve as Special Deputy Receiver ("SDR"). The SDR and a team of experts have been on-site at Vesta since that time to maintain control over the companies. The Receiver subsequently determined the Texas Vesta Companies could not be rehabilitated and requested an order of liquidation. On August 1, 2006, an Order Appointing Liquidator and Permanent Injunction ("Liquidation Order") was entered by the Travis County District Court against Vesta Fire Insurance Corporation, Texas Select Lloyds Insurance Company; Shelby Insurance Company; and Shelby Casualty Company. The Commissioner now acts as Liquidator of these companies. Vesta Insurance Corporation is not subject to liquidation, and will remain in rehabilitation. The liquidation of an insurance company includes collecting and selling its assets, and ultimately distributing the company's funds to pay creditors. Vesta Fire Insurance Corporation, Shelby Casualty Insurance Company, The Shelby Insurance Company, and Texas Select Lloyds Insurance Company have been designated as impaired insurers ("Impairment Order"). Texas Department of Insurance Help LinesThe Texas Department of Insurance (TDI) Help Line is now open Monday to Friday from 8 a.m. to 5 p.m. Central time. Please call us at: 1-800-252-3439 Shopping Tips
Shopping resources:
Having Trouble Finding Insurance?
Frequently Asked Questions
Consumer Publications
Special Deputy ReceiverClaim Phone Calls:
*California Select is a reference to an agency that produced business for a number of Vesta insurance companies. Claim Fax Number for all Companies 1-888-286-9458 Customer Service Calls:
*California Select refers to an agency that produced business for a number of Vesta insurance companies. Customer Service Fax Number for all Companies 1-888-286-9458
The Special Deputy Receiver is Craig Koenig
Guaranty FundsTexas Property & Casualty Insurance Guaranty Fund www.tpciga.org
How to File an Insurance ComplaintInsurance Complaint Forms
Help Us Prevent Insurance FraudInsurance Fraud Toll-Free Hotline - 1-888-327-8818 TDI News Releases
Contact TDIDidn’t find the answer to your question? Care to make a comment? Please send your questions or comments about this web resource page to: ConsumerProtection@tdi.state.tx.us or call our Consumer Help Line at 1-800-252-3439 or in Austin 463-6515. For more information contact: ConsumerProtection@tdi.state.tx.us Last updated: 01/05/2007 |
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