Mission Insurance Company Trust
Mission National Insurance Company Trust
Notice of Request that Any Unfiled Claims Assignments be Filed with CLO by August 1, 2020
This notice deals with holders of approved general creditor claims against Mission Insurance Company Trust and approved policyholder priority proof of claims against Mission National Insurance Company Trust.
The Insurance Commissioner as Trustee is planning to file a motion in the near future seeking court approval to make a distribution to approved general creditor priority claimants against Mission Insurance Company Trust and to approved policyholder priority claimants against Mission National Insurance Company Trust for interest. This notice affects only approved proof of claims holders.
As part of any such subsequently-filed motion, the Insurance Commissioner as Trustee will request the Liquidation Court to set a "record date" for the distribution, i.e., a date by which any completed CLO Change of Address/Assignment Notification Declaration forms and supporting documents must be received by the Conservation and Liquidation Office to be recognized.
This notice advises holders of claims who may be assignors and potential assignees of claims that the record date anticipated to be requested for the distribution is August 1, 2020. If you are an assignee or potential assignee of a proof of claim and have not provided documentation of the assignment on the CLO Change of Address/Assignment Notification Declaration Forms in the past, this notice requests that you provide each fully-completed CLO Change of Address/Assignment Notification Declaration forms and supporting documents to the Conservation and Liquidation Office. Failure to do so may result in distributions being sent to the claimant on record with the CLO.
Claimants who have not and do not intend to assign their proofs of claims need not take any action in response to this notice.
Please contact the CLO Reinsurance Department if you have questions or concerns:
