375.1185. 1. Unless the court otherwise directs, the liquidator shallgive or cause to be given notice of the liquidation order as soon as possible:
(1) By first class mail and either by telegram or telephone to thedirector of the department of insurance, financial institutions andprofessional registration of each state in which the insurer is doingbusiness;
(2) By first class mail to any guaranty association or foreign guarantyassociation which is or may become obligated as a result of the liquidation;
(3) By first class mail to all known insurance agents of the insurer;
(4) By first class mail to all persons known or reasonably expected tohave claims against the insurer including all policyholders, at their lastknown address as indicated by the records of the insurer; and
(5) By publication in a newspaper of general circulation in the countyin which the insurer has its principal place of business and in such otherlocations as the liquidator deems appropriate.
2. Notice under subsection 1 of this section to agents of the insurerand to potential claimants who are policyholders shall include, whereapplicable, notice that coverage by state guaranty associations may beavailable for all or part of policy benefits in accordance with applicablestate guaranty laws.
3. The liquidator shall promptly provide to the guaranty associationsuch information concerning the identities and addresses of such policyholdersand their policy coverages as may be within the liquidator's possession orcontrol, and otherwise cooperate with guaranty associations to assist them inproviding to such policyholders timely notice of the guaranty associations'coverage of policy benefits including, as applicable, coverage of claims andcontinuation or termination of coverage.
375.1185. 1. Unless the court otherwise directs, the liquidator shallgive or cause to be given notice of the liquidation order as soon as possible:
(1) By first class mail and either by telegram or telephone to thedirector of the department of insurance, financial institutions andprofessional registration of each state in which the insurer is doingbusiness;
(2) By first class mail to any guaranty association or foreign guarantyassociation which is or may become obligated as a result of the liquidation;
(3) By first class mail to all known insurance agents of the insurer;
(4) By first class mail to all persons known or reasonably expected tohave claims against the insurer including all policyholders, at their lastknown address as indicated by the records of the insurer; and
(5) By publication in a newspaper of general circulation in the countyin which the insurer has its principal place of business and in such otherlocations as the liquidator deems appropriate.
2. Notice under subsection 1 of this section to agents of the insurerand to potential claimants who are policyholders shall include, whereapplicable, notice that coverage by state guaranty associations may beavailable for all or part of policy benefits in accordance with applicablestate guaranty laws.
3. The liquidator shall promptly provide to the guaranty associationsuch information concerning the identities and addresses of such policyholdersand their policy coverages as may be within the liquidator's possession orcontrol, and otherwise cooperate with guaranty associations to assist them inproviding to such policyholders timely notice of the guaranty associations'coverage of policy benefits including, as applicable, coverage of claims andcontinuation or termination of coverage.
375.1185. 1. Unless the court otherwise directs, the liquidator shallgive or cause to be given notice of the liquidation order as soon as possible:
(1) By first class mail and either by telegram or telephone to thedirector of the department of insurance, financial institutions andprofessional registration of each state in which the insurer is doingbusiness;
(2) By first class mail to any guaranty association or foreign guarantyassociation which is or may become obligated as a result of the liquidation;
(3) By first class mail to all known insurance agents of the insurer;
(4) By first class mail to all persons known or reasonably expected tohave claims against the insurer including all policyholders, at their lastknown address as indicated by the records of the insurer; and
(5) By publication in a newspaper of general circulation in the countyin which the insurer has its principal place of business and in such otherlocations as the liquidator deems appropriate.
2. Notice under subsection 1 of this section to agents of the insurerand to potential claimants who are policyholders shall include, whereapplicable, notice that coverage by state guaranty associations may beavailable for all or part of policy benefits in accordance with applicablestate guaranty laws.
3. The liquidator shall promptly provide to the guaranty associationsuch information concerning the identities and addresses of such policyholdersand their policy coverages as may be within the liquidator's possession orcontrol, and otherwise cooperate with guaranty associations to assist them inproviding to such policyholders timely notice of the guaranty associations'coverage of policy benefits including, as applicable, coverage of claims andcontinuation or termination of coverage.
