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"PNC Bank Pays $111 Million Judgment: on September 22, 2021, PNC Bank paid $111,031,594 in full satisfaction of the judgment against it in the Howard v PNC litigation. The matter is now concluded."
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The offices of the Special Deputy Receiver (SDR) for Lincoln Memorial Life Insurance Company, Memorial Service Life Insurance Company and National Prearranged Services Inc. remain open at this time.
The SDR has developed contingency plans to address potential sources of disruption in our work. Our intention is to continue to serve the needs of contract holders, funeral homes, stakeholders and guaranty associations while keeping our employees safe. The SDR's team does not expect any significant delays in responding to inquiries, processing claims or issuing payments due to spread of the COVID-19 virus at this time. We will continue to update this website should the situation change. Thank you for your patience and understanding.
The SDR posted its Third Quarter Status Report on July 27, 2021. It is located at the "NOTICES" tab.
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NOTICE REGARDING TRANSITION OF LINCOLN MEMORIAL LIFE POLICIES AND COVERED OBLIGATIONS UNDER THE LIQUIDATION PLAN AND RELATED PRENEED CONTRACTS
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The majority of the remaining Lincoln Memorial policies covered under the Liquidation Plan are being handled by solvent assuming carriers or the applicable guaranty associations themselves. Before submitting a claim or making an inquiry to the SDR, please use the "Search Tool" immediately above to determine who is handling claims or inquiries. The SDR will not be able to assist you on any claims or inquiries regarding a policy or related preneed contract that has been assumed by another carrier or is being handled by a guaranty association.
At this time, the SDR continues to administer:
- Any policies and contracts related to the Mt. Washington Trust, funeral home and cemetery;
- Policies and contracts sold by the Hollywood Forever Funeral Home and Cemetery; and
- Certain other policies and contracts.
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