Maidstone Insurance Company ("Maidstone") was incorporated under the laws of the State of New York on May 11, 1988 as General Assurance Company (“GAC”). GAC obtained license to conduct business of insurance in the State of New York on July 19, 1988 and commenced business on October 1, 1988. GAC changed its name to AutoOne Insurance Company (“AIC”) effective January 9, 2004, and AIC changed its name to Maidstone effective December 14, 2015. Maidstone's principal office was located at 155 Mineola Boulevard, Mineola, New York 11501.
Maidstone was licensed to conduct the business of insurance in the State of New York in accordance with paragraphs (3) through (17), (19) through (21), and (26) of Section 1113(a) of the New York Insurance Law. Maidstone was licensed to conduct the business of insurance in 23 other states in addition to New York. Maidstone’s license to conduct the business of insurance in the State of Washington was suspended in March 2017.
Maidstone was placed into liquidation and the Superintendent of Financial Services of the State of New York was appointed as liquidator on February 13, 2020, by order of the Supreme Court of the State of New York.