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Guarantee Insurance Company

GIC ordered to cancel all active policies.

Guarantee Insurance Company is headquartered in Fort Lauderdale, Florida. As of November 2017, they have been ordered to terminate approximately 8,600 active workers' compensation insurance policies. Based on information provided under the liquidation order, all GIC policies must be cancelled no later than December 27, 2017. GIC is not currently writing new business.


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Guarantee Insurance Company has been placed under receivership by the Florida Department of Insurance, where they are domiciled. Florida insurance regulators have indicated they the company is under-reserved and, therefore, insolvent. Regulators have also alleged that GIC may have filed false financial statements. According to the Division of Rehabilitation and Liquidation, all policies will be cancelled on, or before, December 27, 2017.

Guarantee Insurance Company States

Guarantee Insurance Company was licensed in Florida in 1977.

The states where GIC had current, in-force polices at the time of liquidation are Alabama, Arkansas, Colorado, Delaware, the District of Columbia, Florida, Georgia, Idaho, Indiana, Kentucky, Louisiana, Maine, Maryland, Michigan, Mississippi, Missouri, Montana, Nebraska, Nevada, New Jersey, New Mexico, New York, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Virginia, and West Virginia.

GIC Replacement Coverage

Employers' who currently have workers' compensation insurance coverage written with Guarantee Insurance Company are advised to take immediate and measurable steps to replace their current coverage with a policy from a more financially stable insurance carrier as soon as practical.

Call us today at (888) 611-7467 for a free, no-obligation Quote to replace coverage with GIC.

Guarantee Insurance Company Questions.

The Florida Department of Insurance currently has a GIC FAQ's page with current information about Guarantee Insurance Company's receivership, claims procedures, audits and other related questions and answers.

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Guarantee Insurance Company Help

•   General Information: 800-948-2651

•   Claims (All States): 877-886-4334

•   Guarantee Fund Directory

•   State Guarantee Fund Websites

•   Info About Florida Receivership


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At Workers Compensation Shop.com, we work with national insurance companies to help business owners find better insurance coverage for their workers compensation insurance needs.

Get started online with replacement coverage quotes for Guarantee Insurance Company from some of our other insurance partners. Or give us a call today at 888-611-7467 to find out if one of our Specialists can help save you money on insurance.

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