Serving the California Insurance Commissioner

If you are looking for general information about the conservation or liquidation process, please consult our FAQ (Frequently Asked Questions).

If you are looking for information about a specific insurance company that has been placed under conservation or liquidation by the State of California, please visit our Companies page.

CLO Mission

The CLO, on behalf of the Insurance Commissioner, rehabilitates and/or liquidates, under Court supervision, troubled insurance enterprises domiciled in the State of California. In addition the CLO provides Special Examination Services, with Commissioner and Board oversight. As a fiduciary for the benefit of all claimants, the CLO handles the property of troubled or failed enterprises in a prudent, cost-effective, fair, timely, and expeditious manner.

Proof of Claim Assignment

The Conservation and Liquidation Office (CLO) recognizes the rights of claimants to assign their approved claims. The CLO is obliged to ensure that assignments are valid and that the processing of assignments does not create an undue burden on estate resources. Read More...

Superior National Companies In Liquidation - Subpoena Requests

Please click on the following Notice of Court Order for the procedure to obtain claim records and for information regarding the court order authorizing the liquidated Superior National Insurance Companies to discontinue responding to the third party photocopy and subpoena requests.

In The News
Consent to Issuing New and Renewal Business
California Insurance Company
The Deputy Conservator, after considering the relevant circumstances with respect to California Insurance Company and the conservation, hereby consents to California Insurance Company to issuing new and renewal policies and that it may issue such policies wherever situated provided they are issued or renewed in full compliance with the laws and any other applicable regulatory requirements of each of the states in which any such insurance policies are issued and/or renewed by California Insurance Company.
Order Appointing Insurance Commissioner as Conservator
California Insurance Company
California Insurance Company ("CIC") was placed into Conservation on November 4, 2019 by the California Superior Court for the County of San Mateo.
Application for the Approval of a Final Distribution
Executive Life Insurance Company
The Commissioner filed an Application for the approval of a final distribution of approximately $80 million to occur on or about July 1, 2020 and to close the Executive Life Insurance Company Estate. If the Application is approved, Aurora will receive and distribute 66.1% of the funds for the benefit of Opt In contract holders and the Opt Out Trust will receive 33.9% of the funds for the benefit of Opt Out contract holders. Opt Out contract holders must respond to a pre-distribution mailing estimated to occur in January 2020 in order to receive their share of the distribution. Following the final distribution, all undistributed funds and uncashed checks will be escheated to the owner of record at their state's unclaimed property division. The following is a link to view the Application and related filings: Final...
Upcoming Distributions
Conservation & Liquidation Office

We are happy to announce upcoming distributions in the Great States Insurance Company, Fremont Indemnity Company and Western Employers Insurance Company estates. The distributions are currently scheduled to occur as follows:

Great States Insurance Company: September 12, 2019 - COMPLETED
Fremont Indemnity Company: September 26, 2019 - COMPLETED
Western Employers Insurance Company: October 18, 2019 - COMPLETED

We will strive to meet the above dates however, all dates are subject to change.
If you are an approved claim holder in any of these estates you will have already received notice of the upcoming distribution.
It is important to note that the Conservation and Liquidation Office will...

Conservation & Liquidation Office is Preparing to Complete Three Estate Distributions Totaling Approximately $167 Million by Year-end 2019
Conservation & Liquidation Office
The Insurance Commissioner as Liquidator of Great States Insurance Company, Fremont Indemnity Company, Western Employers Insurance Company has filed distribution applications totaling approximately $167 million. Please visit the Companies Page and click on the respective company for hearing dates, distribution amounts, and more details.
Proof of Claim Mailing
Merced Property & Casualty Co.
More than 7,000 Proof of Claim filing packets are being mailed the week of January 28th to all identified potential Merced claimants. While most individuals who had an open claim, and all Campfire claimants, do not have to file a formal Proof of Claim to obtain coverage through the California Insurance Guarantee Association, it is recommended that they do so as a protective measure. If you believe that you have a potential claim against the Merced Property & Casualty Co. and have not received a Proof of Claim mailing package by February 25th, please notify us at (415) 676-5016 or email MercedPOC@caclo.org. The bar date, the last date on which a claim may be filed, is June 30th. A sample of the Proof of Claim package is available at the www.caclo.org website, but we ask that you not use the sample form as the mailed package will have a form with a unique claim number specific to your...
Claims Update
Merced Property & Casualty Co.
All claims open as of the December 3, 2018 liquidation date have now been transferred to the California Insurance Guarantee Association (CIGA). Those claims will be administered by CIGA. If you had a claim open at the time of liquidation, there is no need for you to file a Proof of Claim against Merced Property and Casualty as those claims are deemed filed by the Commissioner and the Liquidation Order. This link will take you to CIGA's webpage with contact and other helpful information: http://www.caiga.org/MercedFAQs.html
Notice of Cancellation
Merced Property & Casualty Co.
Pursuant to the Liquidation Order all Merced insurance policies are required to be cancelled effective 30 days from the date of the liquidation or January 2, 2019, unless your policy terminates prior to this date. In accordance with Ins. Code Section 1063.1(c)(1) CIGA is statutorily responsible to pay the unearned premium that is due to insureds for coverage that extends beyond the cancellation date. Insureds are encouraged to work with your insurance broker to replace your Merced insurance coverage immediately. Notice has now been mailed to all Merced in force policy holders advising of the cancellation date.
Liquidation Order
Merced Property & Casualty Co.
NOTICE IS HEREBY GIVEN that on December 3, 2018, the Superior Court of the City and County of Merced, California entered an Order Appointing Liquidator, in the case entitled Insurance Commissioner of the State of California v. Merced Property and Casualty Company, Case No. 18CV-04739 ("Liquidation Order"). The effective date of the liquidation order is December 3, 2018. Pursuant to the Liquidation Order, the California Insurance Commissioner has been appointed as the statutory Liquidator of Merced Property and Casualty Company (âMercedâ). The Liquidation Order authorizes and empowers the Commissioner, through his Conservation & Liquidation Office, to liquidate Merced and its assets for the benefit of Mercedâs policyholders, claimants, creditors, certificate of contribution holders and shareholder, as provided in Sections 1010 through 1062 of the Insurance Code of the State of...
Notice of No Assets Letter
Fremont Indemnity Company
Attention: This letter was sent to all companies that have a Class 7 (Reinsurance) Proof of Claim against Fremont Indemnity.
Mailing Date: December 1, 2017
RE: Fremont Indemnity Company in Liquidation
Dear Claimant: This letter is being sent on behalf of the California Insurance Commissioner in his capacity as Liquidator for Fremont Indemnity Company ("Fremont"). The Conservation and Liquidation Office (CLO) assists the Insurance Commissioner in the liquidation proceedings. Our records reflect that you filed a Proof of Claim in this Liquidation. Your Proof of Claim is classified as a Class 7 claim pursuant to California Insurance Code Section 1033. The Liquidator has determined that Fremont does not have sufficient assets to make any distributions below Class...