94-24453. Surety Companies Acceptable on Federal Bonds Liquidation; Covenant Mutual Insurance Company

  • [Federal Register Volume 59, Number 191 (Tuesday, October 4, 1994)]
    [Unknown Section]
    [Page 0]
    From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
    [FR Doc No: 94-24453]
    
    
    [[Page Unknown]]
    
    [Federal Register: October 4, 1994]
    
    
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    DEPARTMENT OF THE TREASURY
    Fiscal Service
    
     
    
    Surety Companies Acceptable on Federal Bonds Liquidation; 
    Covenant Mutual Insurance Company
    
        Covenant Mutual Insurance Company, a Connecticut Corporation, 
    formerly held a Certificate of Authority as an acceptable surety on 
    Federal bonds and was last listed as such at 57 FR 29368, July 1, 1992. 
    The Company's authority was terminated by the Department of the 
    Treasury effective March 3, 1993. Notice of the termination was 
    published in the Federal Register of March 24, 1993, on page 15896.
        On May 4, 1994, upon petition by the Insurance Commissioner of the 
    State of Connecticut, the Superior Court of the Judicial District of 
    Hartford/New Britain at Hartford, of the State of Connecticut, issued 
    an Order placing Covenant Mutual Insurance Company into Rehabilitation. 
    Mr. Robert R. Googins, the Insurance Commissioner of the State of 
    Connecticut, was appointed as the Rehabilitator of the Company. By 
    subsequent order dated May 4, 1994, the Connecticut Court authorized 
    the Rehabilitator to liquidate Covenant Mutual Insurance Company in its 
    entirety. All persons having claims against Covenant Mutual Insurance 
    Company must file their claims, by December 31, 1994, or be barred from 
    sharing in the distribution of assets.
        All claims must be filed in writing and shall set forth the amount 
    of the claim, the facts upon which the claim is based, any priorities 
    asserted, and any other pertinent facts to substantiate the claim. It 
    is recommended that Federal Agency claimants asserting priority status 
    under 31 USC 3713 who have not yet filed their claim should do so, in 
    writing, to: Department of Justice, Civil Division, Commercial 
    Litigation Branch, P.O. Box 875, Ben Franklin Station, Washington, DC 
    20044-0875, Attn: Ms. Sandra P. Spooner Deputy Director.
        The above office will be consolidating any and all claims against 
    Covenant Mutual Insurance Company, on behalf of the United States 
    Government. Any questions concerning filing of claims may be directed 
    to Ms. Spooner at (202/FTS) 724-7194.
        Questions concerning this notice may be directed to the Department 
    of the Treasury, Financial Management Service, Funds Management 
    Division, Surety Bond Branch, Washington, DC 20227, Telephone (202/FTS) 
    874-6905.
    
        Dated: September 28, 1994.
    Charles F. Schwan III,
    Director, Funds Management Division, Financial Management Service.
    [FR Doc. 94-24453 Filed 10-3-94; 8:45 am]
    BILLING CODE 4410-35-M
    
    
    

Document Information

Published:
10/04/1994
Department:
Fiscal Service
Entry Type:
Uncategorized Document
Document Number:
94-24453
Pages:
0-0 (1 pages)
Docket Numbers:
Federal Register: October 4, 1994