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Companies in Rehabilitation/Liquidation

Eagle Insurance Company and its Subsidiaries (Newark, GSA and NCIC) in Liquidation Security Indemnity Insurance Company in Liquidation Closed/Discharged Estates: American Preferred Providers Plan Bakers Insurance Company Garden State Hospitalization Plan Garden State Indemnity, Inc. Group Health Insurance of NJ…

Rehabilitation Of Insurers – New Appleman on Insurance Law ...

Sep 11, 2013 · By Patrick H. Cantilo, Mark F. Bennett, Arati Bhattacharya. Abstract *** This chapter addresses the rehabilitation of insurers. In general, upon the advent of receivership proceedings (for purposes of this chapter, any proceeding through which state insurance regulatory officials or their designees are given at least temporary control of the insurer by a court of competent jurisdiction for ...…

Office of the Special Deputy Receiver - Public Service ...

Mar 16, 2017 · On December 3, 2018, the court supervising the rehabilitation of Public Service Insurance Company (“PSIC”) entered two orders: (i) Memorandum Opinion and Order Approving Stock Purchase Agreement And Channeling Of Certain Assets and Liabilities; and (ii) Order Approving Rehabilitator’s Amended Plan of Rehabilitation (the “Amended Plan”).…

COLORADO BANKERS LIFE INSURANCE COMPANY BANKERS …

Colorado Bankers Life Insurance Company, Bankers Life Insurance Company, Southland National Insurance Corporation, and Southland National Reinsurance Corporation, (collectively the “Companies”) consented to an Order of Rehabilitation entered on June 27, 2019, by the Superior Court of Wake County, North Carolina (“Court”) pursuant to a ...…

Rehabilitation & Liquidation Oversight

The mission of Rehabilitation & Liquidation Oversight is to facilitate the efficient administration of insurance company receiverships, both for rehabilitation and liquidation for the benefit of policyholders, receivership creditors and the taxpayers of Texas. Special Deputy Receivers…