July 1, 2013

Dear Client/Agent:

It is with great sadness and regret that we announce that NYCM Group has closed its doors and has gone out of business.

The many challenges that faced the workers’ compensation industry and lack of markets to develop products and place business was too great and made it difficult to sustain our operations. Therefore, the decision was made to close the business.

For those of you with clients or policies in the Specialty Contractors Program written on Ullico paper, you can contact the State of Delaware Receiver’s office for information. All the documentation has been turned over to them. Here is some contact information:

Ullico Casualty Company In Rehabilitation c/o Delaware Insurance Department Bureau of Rehabilitation and Liquidation
704 N King Street, Ste 602
Wilmington DE 19801



We appreciate everyone’s business, friendship and loyalty over the years. We hope that our paths may cross again in the future.

NYCM Group
David Francey