March 2024 Update
Emergency Physicians Insurance Exchange Risk Retention Group (Epix or the Company) was placed in rehabilitation by order of the Vermont Superior Court, Washington Unit, on February 26, 2021. Docket No 21-cv-348.
The Court appointed Commissioner Gaffney as Rehabilitator and directed that he implement a plan of rehabilitation.
- That plan contemplated a runoff of EPIX obligations, including the payment of policyholder-level claims at an initial 40% rate, pending conversion to liquidation.
- That conversion occurred on February 6, 2024, when the court entered its Order of Liquidation.
- That Order directed the implementation of the Plan of Liquidation.
The proceeding is being conducted pursuant to 8 V.S.A. Chapter 145. Key documents from the rehabilitation and liquidation are posted below.
Claims Against EPIX
If you believe you may have a claim against EPIX or one of its insureds for any reason, you must file a Proof of Claims form now to preserve your claim.
- Download this form which includes instructions for completion at top.
- Locate other relevant documents below.
NOTE: IF A CREDITOR FAILS TO FILE A PROOF OF CLAIM BEFORE THE CLAIM FILING DEADLINE - AUGUST 30, 2024 - IT MAY NOT BE ABLE TO RECEIVE ANY DISTRIBUTION FROM THE EPIX LIQUIDATION PROCEEDING.
Questions?
Please contact counsel for the Liquidator ((updated contact information as of 1/10/2025):
Contact: Stuart Leslie
Email: sleslie@davismalm.com
Phone: 617-951-1130
Address: Davis, Malm & D'Agostine, P.C. • One Boston Place 37th Floor • Boston, MA 02108.
Additional information is available in a Q&A document posted below along with key rehabilitation records.
- Petition for Order for Rehabilitation (February 18, 2021)
- Order for Rehabilitation of EPIX (February 26, 2021)
- Q & A Regarding EPIX Rehabilitation (Revised February 9, 2022)
- Notice Regarding Loss Runs, Coverage & Credentialing Requests (November 2023)
- Petition for Order of Liquidation for Emergency Physicians Insurance Exchange Risk Retention Group (February 1, 2024)
- Plan of Liquidation (Originally filed as Exhibit A to the Petition for Order of Liquidation)
- Order of Liquidation (February 6, 2024)
- Proof of Claim Form, Notice and Instructions (March 15, 2024)
The rehabilitation process is complete, and the Plan of Rehabilitation is no longer operative. Key rehabilitation records may be helpful, however, for purposes of background and context:
Status Reports
- EPIX Rehabilitator's First Status Report (May 24, 2021)
- EPIX Rehabilitator's Second Status Report (December 27, 2021)
- EPIX Rehabilitator's Third Status Report (July 6, 2022)
- EPIX Rehabilitator's Fourth Status Report (February 6, 2023)
- EPIX Rehabilitator's Fifth Status Report (August 18, 2023)
Liquidation • Emergency Physicians Insurance Exchange Risk Retention Group | EPIX RRG
Civil Division | Docket No. 21-cv-348 Wncv
- EPIX | Liquidator's Motion for Interim Distribution on Allowed Priority Class 3 Claims
Dated: October 14, 2024
Filed: October 16, 2024 - EXPIX | Order Authorizing an Interim Distribution on Allowed Class 3 Claims
Dated: October 17, 2024
Filed: October 16, 2024 / October 18 - EPIX | Liquidator's First Status Report, Annual Accounting and First Report of Claims
Dated: October 11, 2024
Filed: October 16, 2024 - EPIX | Liquidator's Second Status Report, Annual Accounting and Second Report of Claims
Dated: March 6, 2025
Filed: March 13, 2025