Michael F. Easley, Governor
Buck Lattimore, Chairman

Bernadine S. Ballance, Commissioner
Thomas J. Bolch, Commissioner
Laura K. Mavretic, Commissioner
Renée C. Riggsbee, Commissioner
Christopher Scott, Commissioner
Dianne C. Sellers, Commissioner

North Carolina
Industrial Commission




TO:         All Interested Parties

FROM:   Chairman Buck Lattimore

DATE:    April 23, 2003

RE:         Reciprocal of America

            We have been informed that Reciprocal of America, a Virginia insurance company, has been placed into receivership by the Circuit Court of the City of Richmond, Commonwealth of Virginia, ex rel. State corporation Commission v. Reciprocal of America, The Reciprocal Group, and Jody M. Wagner, Treasurer of Virginia. Reciprocal of America issued workers’ compensation insurance policies in the State of North Carolina.   

            The best available information suggests that approximately 500 potential claims exist in North Carolina. The Circuit Court of the City of Richmond has issued an Order permitting Reciprocal of America to continue to pay workers’ compensation claims. North Carolina claimants should not experience any disruption in claim payments or processing of claims.  The Industrial Commission will proceed with all claims as in the normal course.

            If any claimant or insured employer should experience any problems with Reciprocal of America claims, questions should be directed to: Stephen T. Gheen, Chief Deputy Commissioner, (919) 807-2540 or gheen@ind.commerce.state.nc.us.  Communication by e-mail is requested if possible, though not required.

            The Industrial Commission website (www.comp.state.nc.us) will be updated as needed with additional information.

N.C. Industrial Commission · 4319 Mail Service Center · Raleigh, NC 27699-4319
Main Phone: (919) 807-2500 · Fax: (919) 715-0282
NCIC Home Page: http://www.comp.state.nc.us/