ReliaMax Surety Company

ReliaMax Surety Company in Liquidation
Order Commencing Liquidation
Issued June 27, 2018

 

An Order Commencing Liquidation & Appointing Liquidator for Case 32CIV18-125, in the Matter of Liquidation of ReliaMax Surety Company was entered on June 27, 2018.

 

Larry Deiter, Director of Insurance for the State of South Dakota, was named Liquidator. Michael J. FitzGibbons of FitzGibbons and Company, Inc. was named Special Deputy Liquidator. Please see the Notice of Legal Rights and Obligatio for important information regarding the liquidation process.

Proof of Claim Process

All persons who may have claims against ReliaMax Surety Company must file a verified original Proof of Claim (POC). The DEADLINE for filing claims is 5:00 p.m. CST on December 31, 2018. For more information concerning the Proof of Claim process, please see the Proof of Claim Form and Instructions..

Cancellation of All Policies

By issue of the Liquidation Order, and pursuant to SDCL § 58-29B-47, all policies, bonds and other Noncancelable Business in force at the issuance of an Order continue in force no later than July 27, 2018 at 11:59 p.m. CDT. Policies may cancel earlier than this date. For complete details, see Notice to Insureds.

Due to the Order, ReliaMax Surety Company will no longer defend or pay for the defense of its insureds. Therefore, any insured in such a situation should make arrangements to employ independent counsel to defend against any legal action which would otherwise be covered.

Address

ReliaMax Surety Company in Liquidation

Claimant Services

2300 East 54th Street North

Sioux Falls, SD 57104