ReliaMax Now Ineligible in Texas
ReliaMax Surety Company is ineligible to write insurance in Texas, as of July 13, 2018. A South Dakota circuit court placed the company in liquidation proceedings on June 27, 2018, and as such, Reliamax may not write any new business and will be liquidated. For claims and policy information please contact the company below:
FitzGibbons and Company, Inc.
9821 N. 95th Street, Suite 105
Scottsdale, AZ 85258
Due to the liquidation, Reliamax’s domestic license was rescinded. Under the Texas Insurance Code, surplus lines insurers in Texas are required to hold authorization to conduct business in their domiciliary states, meaning Reliamax no longer meets these requirements. As a result, the Texas Department of Insurance has removed Reliamax from the list of eligible surplus lines insurers in Texas.