Drivers Insurance Company ("Drivers") was incorporated under the laws of the State of New York on or about January 26, 1995, as Spirit Insurance Company and commenced business on May 6, 1996. On December 6, 1999, the company’s name was changed to Drivers Insurance Company.
Drivers was licensed to transact the business of insurance in accordance with paragraphs (13), (14), and (19) of Section 1113(a) of the New York Insurance Law. Drivers' statutory office was located at 3601 43rd Avenue, Long Island City, New York 11101. Drivers wrote primarily private passenger auto liability and physical damage insurance, plus a small amount of commercial auto insurance in downstate New York.
Drivers was placed into liquidation and the Superintendent of Financial Services of the State of New York was appointed as liquidator on May 15, 2015, by order of the Supreme Court of the State of New York, and an order was entered on August 7, 2015.