ADVOCATE GENERAL
CLOSED FILES : 3,799 (sub files)
PAID CLAIMS : $44,037,846
O/S FILES : 0
O/S RESERVES : 0
REMARKS : FINAL DIVIDEND RECEIVED. WE HAVE MADE A FULL
RECOVERY.
ONTARIO GENERAL
CLOSED FILES : 35
PAID CLAIMS : $594,210
O/S FILES : 0
O/S RESERVES : 0
REMARKS : THE LIQUIDATOR HAS ASKED THE COURT
FOR DIRECTION ON HOW TO DISPENSE THE SMALL FUNDS REMAINING IN THE ESTATE.
AMERICAN MUTUAL
CLOSED FILES : 2
PAID CLAIMS : $66,475
O/S FILES : 0
O/S RESERVES : 0
REMARKS : THIS LIQUIDATION IS NOW WOUND UP AND WE
RECEIVED 100% RECOVERY OF ALL AMOUNTS PAID.
CANADIAN UNIVERSAL
CLOSED FILES : 9
PAID CLAIMS : $527,085
O/S FILES : 0
O/S RESERVES : 0
REMARKS : NONE
BEOTHIC GENERAL
CLOSED FILES : 47
PAID CLAIMS : $2,309,511
O/S FILES : 0
O/S RESERVES : 0
REMARKS : ONLY OUTSTANDING MATTER IS FILING OF CORPORATE TAX RETURNS AND OBTAINING APPROPRIATE RELEASE FROM CANADA REVENUE AGENCY.
HILAND INSURANCE
CLOSED FILES : 624
PAID CLAIMS : $6,601,333
O/S FILES : 0
O/S RESERVES : 0
REMARKS : PAID CLAIMS INCLUDES $387,033 PAID ON CLAIMS WHERE COVERAGE WAS DISPUTED BETWEEN HILAND AND LLOYDS. WE HAVE COMMENCED LEGAL PROCEEDINGS AGAINST LLOYDS TO RECOVER THESE FUNDS.
MAPLEX GENERAL
CLOSED FILES : 2570
PAID CLAIMS : $23,701,287
O/S FILES : 0
O/S RESERVES : 0
REMARKS : WE HAVE RECEIVED A 55% DIVIDEND. ALL CLAIMS HAVE NOW BEEN PAID.
GISCO
CLOSED FILES : 657
PAID CLAIMS : $4,162,199
O/S FILES : 2
O/S RESERVES : $565,000 (INCLUDES $300,000 FOR LEGAL AND ADJUSTING EXPENSES).
REMARKS : THERE ARE 2 PACICC ELIGIBLE FILES REMAINING
RELIANCE INSURANCE CANADA
CLOSED FILES : 157
PAID CLAIMS : $25,029,976
O/S FILES : 140
0/S RESERVES : $13,561,801
REMARKS : NO ASSESSMENT HAS BEEN MADE ON MEMBERS. ALL PAYMENTS HAVE BEEN MADE BY THE LIQUIDATOR USING MONIES FROM THE ESTATE.
CANADIAN MILLER’S MUTUAL
CLOSED FILES : 187
PAID CLAIMS : $4,782,077
O/S FILES : 6
O/S RESERVE : $888,200
REMARKS :
MARKHAM GENERAL
CLOSED FILES : 2201
PAID CLAIMS : $17,703,633
O/S FILES : 49
O/S RESERVES : $3,590,000
REMARKS : OUTSTANDING ELIGIBLE EXPENSES PAID QUARTERLY ON FILES THAT ARE CLOSED IN THE QUARTER.
HOME INSURANCE CANADA
NO ASSESSMENT HAS BEEN MADE ON MEMBERS AND ALL PAYMENTS HAVE BEEN MADE BY THE LIQUIDATOR. THE COURT APPROVED THE TRANSFER OF ALL POLICIES AND CLAIMS TO LOMBARD INSURANCE COMPANY. NO NEED TO ASSESS OUR MEMBERS.