please help if you can

Florida

Hi my name is Shantay and I have a question that I hope you can answer. I purchased automobile insurance from Aries insurance in Florida, a company that has gone backrupt just recently. A little over a year ago I was in an accident for which i was not at fault. I filed a pip claim right away with Aries who has still to this day not paid the bills. The florida(or federal?) insurance gaurantee association(FIGA)(i think that is the name) has taken over some 38,000 unpaid claims from the company and is agreeing to pay them at some future date. Right now I owe about $17,500 in medical bills. I just recently received a settlement(well the attorney and the doctors did, but thats another story) and my attorney states that he has to hold the entire amount(17,500) in a trust until FIGA pays the pip claim. Is this correct? Why do I have to wait if FIGA is going to pay the doctors eventually?

Any help would be greatly appreciated.

Hi Shantay,

The following some information that may help you. Good "luck" and I'm sure things will be fine. Since you already have an attorney, you should be able to ask him/her some of the concerns you have. But knowledge is power and hopefully the links below will give you strength


** Questions are answered here about the process you are going through with a summary and overview, etc.:

http://www.doi.state.fl.us/Receiver/consumer_guide.htm


** What you need to do if you are insured by Aries -- Proof of claim submitted and hopefully your attorney has done this. I would check to make sure he/she has:

http://www.doi.state.fl.us/Receiver/aries/current_claims_information.htm

** Article on Aries and its problems:

http://www.miami.com/mld/miamiherald/business/columnists/michele_chandler/4303005.htm

Hope this helps a little!