Southeast News
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S.C. Places Capital Assurance Risk Retention Group in Receivership
Southeast News November 16, 2007
The South Carolina Department of Insurance placed Capital Assurance Risk Retention Group (CARRG) in receivership for the purposes of rehabilitation.
On Oct. 31, the Richland County Court of ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Any Updates to Receivership Efforts? | Rosanne | Oct 15, 2009, 2:32 pm |
| unpaid claim | Jim Armstrong | Jul 21, 2009, 1:54 pm |
| RE: Dealer responsibility | Sharon Johnson | Jul 21, 2009, 12:37 am |
| RE: RE: Unpaid Claim, | scotty manns | Jul 13, 2009, 2:46 pm |
| RE: RE: RE: Unpaid Claim, | Jim Armstrong | Mar 28, 2009, 2:13 pm |
| RE: RE: Unpaid Claim, | ohio avalanche | Mar 28, 2009, 1:38 pm |
| RE: RE: Payment/Non-Payment Update | RUSSELL LAWRY | Jan 11, 2009, 12:04 pm |
| RE: Ultimate Warranty Corp. | lauri | Dec 31, 2008, 10:37 am |
| $4000.00 for what ? | brenda | Dec 30, 2008, 4:47 pm |
| RE: Ultimate Joke | Mark | Oct 20, 2008, 6:31 pm |
| RE: Payment/Non-Payment Update | Joyce | Sep 22, 2008, 9:27 pm |
| RE: RE: unpaid claim | les brewer | Jun 11, 2008, 10:46 am |
| unpaid claim | Jim Armstrong | May 31, 2008, 6:53 pm |
| RE: Unpaid Claim, | Don;'t cancell | May 28, 2008, 8:27 pm |
| RE: No Reimbursement yet | Lynn Barnette | May 28, 2008, 12:23 pm |
| RE: unpaid claim | Lloyd | May 16, 2008, 5:23 pm |
| extended warranty | jamesb43 | May 12, 2008, 3:40 pm |
| THIS IS BULL$#*% | DANNY SPECKMAN | Apr 4, 2008, 5:39 pm |
| Ultimate Warranty Corp. | Mary A Pence | Mar 30, 2008, 12:30 pm |
| Another unpaid claim.....F_CK!! | Doug and Mandi LaPierre | Mar 13, 2008, 11:32 am |
| Payment/Non-Payment Update | Missy | Mar 10, 2008, 12:00 pm |
| non-reimbursement | Greg Zavala | Mar 4, 2008, 9:32 am |
| Unpaid claim | Loretta | Mar 4, 2008, 7:35 am |
| RE: Unpaid Claim, cancelled policy | Mike | Mar 2, 2008, 5:00 pm |
| unpaid claim | Thomas Markland | Feb 26, 2008, 1:35 pm |
| RE: RE: unpaid claims | LAURI | Feb 20, 2008, 9:38 am |
| Dealer responsibility | Formler Dealer Employee | Feb 7, 2008, 12:46 pm |
| RE: Unpaid Claim, cancelled policy | Raul & Kelly Hernandez | Feb 6, 2008, 5:53 pm |
| AM BEST RATING | J WAGNER | Jan 31, 2008, 1:06 pm |
| Try This | Just A Helper | Jan 24, 2008, 4:25 pm |
| unpaid claim | B. Wilkerson | Jan 23, 2008, 8:21 pm |
| Thieves/Liars | Mr. Pisstoff | Jan 11, 2008, 1:16 pm |
| RE: RE: Unpaid Claim | Frank Bromley | Jan 7, 2008, 4:28 pm |
| RE: Unpaid Claim | Mark | Jan 4, 2008, 7:21 pm |
| RE: unpaid claims | Greg | Jan 3, 2008, 4:22 pm |
| Unpaid Claim | Mark | Jan 2, 2008, 4:12 pm |
| RE: RE: Unpaid Claim, cancelled policy | William Uhrig | Dec 26, 2007, 6:24 am |
| Unpaid claim | Mike | Dec 5, 2007, 8:05 pm |
| RE: unpaid claims | james worner | Dec 5, 2007, 11:14 am |
| unpaid claims | james worner | Dec 5, 2007, 11:11 am |
| RE: Unpaid Claim, cancelled policy | Debra | Dec 3, 2007, 10:18 am |
| Unpaid Claim, cancelled policy | Vanessa | Nov 21, 2007, 12:51 pm |
| Back to article | ||



Subject: RE: Payment/Non-Payment Update
This car was sold by Paramount Volvo Co., Hickory, NC. About a year 1/2 later, the owner sold this dealership but remains in town; owning Paramount KIA.
Our problem is with the ABS/TRAC Control Braker System (serious business for a big vehicle). We had a repair to this brake syster a yr. later Oct.2006; wasn't covered by warrenty.
Then Jan. 2008 we had the whole ABS/TRAC control system replaced;covered by warranty but cost us out of pocket $1596.00.....no compensation for this.
2nd time ABS system went out July 2008;dealer replaced no charge but trouble with bleeding brakes.
WAIT.........Sept.10th ABS system out again .....this makes THIRD time. No charge but car is still in service shop today Sept 18th.........3 Times......
Had one call from Paramount KIA in June and have heard nothing since then. No hint of re-imbursement but mentioned pro rating and canceling Extended Warranty Contract. We are still paying Sun Trust Bank our car payments, which includes the warranty amount.
I WISH SOMEONE KNEW HOW TO START A CLASS ACTION SUIT FOR ALL OF US.
This is what happened to the Stock Market.
Have you read why the warranty companies didn't have the money to pay their claims, if not please read it online.
We are 70/71 yrs old and live on fixed income.
I wrote the website and received a reply a while back; short of hiring an attorney we cannot advise you on action.
Thanks for listening. Good Luck to all of us. Currently dealer has loaned us a rental car at small chg.
Joyce