Merced Property & Casualty Co.
Estate Manager: Rommel Adao Email Address: AdaoR@caclo.org Telephone Number: (415) 676-5037 Liquidation Date: 12/03/2018 POC Final Filing Date: 06/30/2019 Website: http://www.mercedpcins.com Expand All    Collapse All Summary 2023 - 4 documents 07/11/2023 - 2022 DOF Financial Statement Review 02/23/2023 - Order Approving Liquidator's 1) Payment of Administrative and Professional Fees and Expenses for the Period of May 1, 2021, to October 31, 2022 and 2) Second Interim Disbursement of Merced Assets 01/27/2023 - Notice of Application and Application for Order Approving Liquidator's 1) Payment of Administrative and Professional Fees and Expenses for the Period of May 1, 2021 to October 31, 2022, and 2) Second Interim Disbursement of Merced Assets 01/27/2023 - Third Status Report of Insurance Commissioner on the Liquidation of Merced Property & Casualty Company 2022 - 5 documents 06/23/2022 - 2021 DOF Financial Statement Review 05/16/2022 - Order 1) Approving Liquidator's Sale of Merced Real Property to Homen Properties, LLC, 2) Releasing Homen from Liability and Enjoining Third-Party Claims, and 3) Retaining the Court's Jurisdiction to Resolve Related Disputes 05/16/2022 - Order to Amend Order Appointing Commissioner as Liquidator and Restraining Orders 04/21/2022 - Notice of Application and Application for Order 1) Approving Liquidator's Sale of Merced Real Property to Homen Properties, LLC, 2) Releasing Homen from Liability and Enjoining Third-Party Claims, and 3) Retaining the Court's Jurisdiction 04/21/2022 - Notice of Motion and Motion to Amend Order Appointing Commissioner as Liquidator and Restraining Orders; Memorandum of Points and Authorities in Support Thereof 2021 - 4 documents 10/26/2021 - Order Approving Liquidator's 1) Payment of Administrative Expenses and Professional Fees and Expenses for the Period of April 1, 2019, to April 30, 2021, and 2) Interim Disbursement of Merced Assets 09/14/2021 - Notice of Application and Application for Order Approving Liquidator's 1) Payment of Administrative Expenses and Professional Fees and Expenses for the Period of April 1, 2019, to April 30, 2021, and 2) Interim Disbursement of Merced Assets 09/14/2021 - Second Status Report of Insurance Commissioner on the Liquidation of Merced Property & Casualty Company 06/14/2021 - 2020 DOF Financial Statement Review 2020 - 1 document 06/15/2020 - 2019 DOF Financial Statement Review 2019 - 4 documents 08/07/2019 - First Status Report 08/07/2019 - Notice of Fee Application 01/25/2019 - Proof of Claim Mailing 01/25/2019 - Proof of Claim Sample (do not use) 2018 - 4 documents 12/19/2018 - Claims Update 12/06/2018 - Notice of Cancellation 12/03/2018 - Frequently Asked Questions 12/03/2018 - Liquidation Order

More than 7,000 Proof of Claim filing packets are being mailed the week of January 28^th to all identified potential Merced claimants. While most individuals who had an open claim, and all Campfire claimants, do not have to file a formal Proof of Claim to obtain coverage through the California Insurance Guarantee Association, it is recommended that they do so as a protective measure. If you believe that you have a potential claim against the Merced Property & Casualty Co. and have not received a Proof of Claim mailing package by February 25^th, please notify us at (415) 676-5016 or email MercedPOC@caclo.org. The bar date, the last date on which a claim may be filed, is June 30^th. A sample of the Proof of Claim package is available at the www.caclo.org website, but we ask that you not use the sample form as the mailed package will have a form with a unique claim number specific to your claim.

Unearned premium as a result of policy cancellation: What is presently happening is that Merced has cancelled all policies at a date no later than January 2^nd, is in the process of computing the amount of return premium due, and has been submitting the calculated amount to the California Insurance Guarantee Association (CIGA) for actual payment. CIGA has projected that all return premium payments can be made by sometime in February, but it is a significant undertaking and we are hopeful that the timeline is accurate.
At any rate you need file nothing for the return premium payment to be automatically processed and sent to you.