Guaranty Associations

Weston Property & Casualty Insurance Company (“Weston”), in Receivership for Liquidation


Subject to applicable law, Weston’s former insurance policies may qualify for continuing claims payments through your state’s guaranty association.  A guaranty association is a nonprofit corporation statutorily created to provide a mechanism for the payment of policy related loss claims and unearned premium when an insurance company is liquidated.  The guaranty association’s obligations are limited by statutory provisions and caps.

Some individuals may hold claims for the return of insurance premiums which remain unearned at the time of policy cancellation.  Depending on where your Weston-insured property is located, unearned premiums may be covered by the applicable state property and casualty insurance guaranty association which has been activated to help pay claims of Weston policyholders.  In general, unearned premium claims are covered by the guaranty associations of Florida, Texas, Louisiana, and Mississippi.  If the guaranty association of the state in which your property insured by Weston is located DOES NOT cover unearned premium claims, your unearned premium claim will be deemed filed against the receivership.

Once all policies are canceled on September 7, 2022, the Special Deputy Receiver will calculate the unearned premium amounts due.  Once completed, the information will be sent to the guaranty associations for the processing and payment of unearned premium claims, if permitted by law.  The process will take approximately 30 to 60 days after the policy cancellation date.  This time is required to correctly calculate the unearned premium amounts, transmit the data to the guaranty associations, and allow the guaranty associations the time necessary to process, print, and mail checks.

At this time, we ask that you refrain from contacting the guaranty associations until the cancellation, calculation, and submission of the return premium data is completed.  The guaranty associations have access to the company claim files and will review your claim to determine if it is a covered claim on which payments may be due. If you are not certain that your claim is covered by the guaranty association and/or you wish to make a claim directly against the Weston receivership estate, you must submit a Proof of Claim.

It is possible your return premium claim may not be covered by a guaranty association depending on applicable law, if the refund due is in excess of the maximum payable amount per statute, or if you have a net worth in excess of the statutory cap.  If this is the case, you will have a claim in the estate.  We will deem your return premium claim filed in this estate.  This means policyholders are not required to submit Proof of Claim forms in order to have timely filed return premium claims.

For more information, you can find specific information about your state’s Guaranty Association at:

Florida Insurance Guaranty Association –

Louisiana Insurance Guaranty Association –  

Mississippi Insurance Guaranty Association –

Texas Property and Casualty Insurance Guaranty Association –