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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
Motion to Distribute
Western Employers Ins. Co.
August 18, 2015 - After obtaining a Release from the United States stating that there was no known liability to the Federal Government, and an order approving the Release from the Liquidation Court, Western Employers has filed a motion with the San Francisco Co. Superior Court to distribute roughly $54 million. The matter is set for hearing by the Court on October 8, 2015 (see pleadings on the Western Employers Company portion of this website. Assuming approval of the Motion, the estate will distribute the money, likely in November 2015 to approved claimants and Insurance Guaranty Associations.
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Settlement in Executive Life case versus Artemis S A.
Executive Life Insurance Company
July 9, 2015 - California Insurance Commissioner Dave Jones today announced a settlement was reached with the last remaining defendant in a 16-year-old lawsuit brought by the California Department of Insurance that arose out of the 1991 liquidation of Executive Life Insurance Company. The French company Artemis S.A. has agreed to pay $200 million in addition to $110 million it paid previously bringing the total recovery against all defendants to over $930 million. The National Organization of Life and Health Guaranty Associations and the California Life and Health Insurance Guarantee Association also joined in the settlement. "This settlement agreement closes the last chapter in the long dispute between the Department of Insurance and Artemis S.A., one of the purchasers of the Executive Life Insurance Company," said Jones. "As a result of the Department of Insurance's efforts with this ...
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Questions & Answers
SeeChange Health Insurance Company
On January 28, 2015, the Insurance Commissioner of the State of California ("the Commissioner") was appointed as Liquidator of SeeChange Health Insurance Company ("SeeChange") by the Los Angeles County Superior Court pursuant to Section 1016 of the California Insurance Code. The Liquidation Order authorizes the Commissioner, through his Conservation & Liquidation Office, to liquidate and wind up the business of SeeChange and to act in all ways and exercise all powers necessary for the purpose of the Order and the liquidation provisions of the Insurance Code. On September 15, 2014, SeeChange mailed a Notice of Cancellation to all policyholders informing them that all polices will terminate on December 31, 2014. Policyholders will have 12 months from their termination date to file their claims. 1. Will my policyholder claims be paid? The finding of insolvency triggers the life & health...
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Proof of Claim
SeeChange Health Insurance Company
The Proof of Claim form for SeeChange Health Insurance Company In Liquidation can be obtained here
David Jones v. Artemis Hearing
Executive Life Insurance Company
The U. S. Court of Appeals for the 9th Circuit has scheduled the hearing in the matter David Jones v. Artemis S. A. on July 7, 2015
Liquidation Order
SeeChange Health Insurance Company
On January 28, 2015, the Insurance Commissioner of the State of California was appointed as Liquidator of SeeChange Health Insurance Company ("SeeChange") by the Los Angeles County Superior Court pursuant to Section 1016 of the California Insurance Code. The Liquidator is directed to liquidate and wind up the business of SeeChange and to act in all ways and exercise all powers necessary for the purpose of the Order and the liquidation provisions of the Insurance Code. Please click here to view the Liquidation Order.
Conservation Order
SeeChange Health Insurance Company
On November 19, 2014, the Insurance Commissioner of the State of California (the "Commissioner") was appointed as conservator of SeeChange Health Insurance Company ("SeeChange") by the Los Angeles County Superior Court pursuant to Section 1011 of the California Insurance Code. The Conservation Order authorizes the Commissioner, through his Conservation & Liquidation Office, as Conservator to conduct the business of SeeChange or so much of the business as he may deem appropriate. All policies will terminate on December 31, 2014. Policyholders will have 12 months from their termination date to file their claims.
Interim Distribution
Majestic Insurance Company
November 21, 2013 - An application for an interim distribution of estate assets of Majestic Insurance Company in Liquidation is scheduled for a hearing on December 20, 2013. Please click here to view the Application for Distribution. Any objection to the distribution must be filed in Department 302 of the Superior Court of the State of California, County of San Francisco by December 9, 2013. If no objections are filed and Order for Distribution is approved by the Court on December 20, 2013, we anticipate the distribution will take place in January 2014.
Department of Insurance Announces Jury Declines to Award Damages
Executive Life Insurance Company
October 29, 2012 - Department of insurance announces jury declines to award damages in longstanding Executive Life case - next steps being evaluated
Today a jury in United States District Court in Los Angeles rendered a verdict finding no damages in a longstanding lawsuit involving the 1991 insolvency of Executive Life Insurance Company of California (ELIC), one of California's largest life insurance companies at the time. ELIC was taken into receivership by then-Insurance Commissioner John Garamendi when the company became insolvent. The Insurance Commissioner then began management of the ELIC estate in an effort to secure proceeds for policyholders of the now insolvent insurance company. After a first trial in 2005, a jury found that Artemis S.A., a French company, participated in a conspiracy to defraud then-Insurance Commissioner John Garamendi in connection with Artemis'...
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Request for Proposals
Majestic Insurance Company
July 18, 2012 - The California Insurance Commissioner as Conservator of Majestic Insurance Company is seeking for interested parties to submit offers for the company's corporate shell. All proposal submissions are due by August 31, 2012 at 4:00 PM PDT....
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