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Tip 15

Maidstone Liquidation

Posted By Erin S. Stamper || 3-Feb-2020

On January 14, 2020, the Superintendent of Financial Services of the State of New York filed a petition with the Nassau County Supreme Court for an order placing Maidstone Insurance Company (“Maidstone”) into liquidation on two grounds: (a) the board of directors unanimously consented to the entry of an order of liquidation on August 7, 2019, and (b) Maidstone is insolvent within the meaning of Insurance Law § 1309.

At this time, there is a Court imposed temporary stay prohibiting Maidstone from issuing any voluntary payments on claims presently being submitted and preventing any No-Fault providers from litigating and/or arbitrating their disputed claims against Maidstone. (See, Order dated January 21, 2020).

At this time, for non-emergent elective procedures, Russell Friedman & Associates recommends that its clients cease accepting new assignments from No-Fault patients insured by Maidstone.

What Sets Us Apart From Our Competitors?

The Three C's: Collection, Consulting, Compliance
  • Fighting for Compensation

    We use negotiation, arbitration, or litigation to ensure medical providers are fairly compensated for their services.

  • Experienced Attorneys

    We have a team of trusted and respected attorneys to ensure your case is matched with the best attorney possible.

  • Client-Focused Approach

    We’re a client-centered, results-oriented firm. When you work with us, you can have confidence we’ll put your best interests at the forefront of your case – it’s that simple.

  • We'll Fly to You

    We fly throughout New England to meet with medical providers and hospitals to help them with collection, consulting and compliance.

  • Creative & Innovative Solutions

    No two cases are the same, and their solutions shouldn’t be either. Our attorneys provide creative points of view to yield exemplary results.

What Sets Us Apart From Our Competitors?

  • Fighting for Compensation

    We use negotiation, arbitration, or litigation to ensure medical providers are fairly compensated for their services.

  • Experienced Attorneys

    We have a team of trusted and respected attorneys to ensure your case is matched with the best attorney possible.

  • Client-Focused Approach

    We’re a client-centered, results-oriented firm. When you work with us, you can have confidence we’ll put your best interests at the forefront of your case – it’s that simple.

  • We'll Fly to You

    We fly throughout New England to meet with medical providers and hospitals to help them with collection, consulting and compliance.

  • Creative & Innovative Solutions

    No two cases are the same, and their solutions shouldn’t be either. Our attorneys provide creative points of view to yield exemplary results.

Recover What You're Owed

Call (855) 339-4436 or fill out the form below to contact a professional who knows what it takes to ensure you receive the payment you are owed.
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