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Our 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.
Conservation & Liquidation Office
P.O. Box 26894
San Francisco, CA
94126-6894
Tel: 415-676-5000
Fax: 415-676-5002
NOTICE TO ALL POLICYHOLDERS, CLAIMANTS, CREDITORS, CERTIFICATE OF CONTRIBUTION HOLDERS, SHAREHOLDERS,
AND ALL OTHER PERSONS OR ENTITIES INTERESTED IN CRUSADER INSURANCE COMPANY
NOTICE IS HEREBY GIVEN that on June 10, 2026, the Superior Court of the City and County of Los Angeles, California entered a Liquidation Order, in the case entitled Insurance Commissioner of the State of California v. Crusader Insurance Company, Case No. 23STCP01915 ("Liquidation Order"). The effective date of the liquidation order is June 10, 2026. Pursuant to the Liquidation Order, the California Insurance Commissioner has been appointed as the statutory Liquidator of Crusader Insurance Company ("Crusader"). The Liquidation Order authorizes and empowers the Commissioner, through his Conservation & Liquidation Office, to liquidate Crusader and its assets for the benefit of Crusader's policyholders, claimants, creditors, and shareholders, as provided in Sections 1010 through 1062 of the Insurance Code of the State of California.
A copy of the Liquidation Order can be found on the Conservation & Liquidation Office website at: www.caclo.org.
Crusader was found to be statutorily insolvent. This finding of insolvency triggers the various property and casualty insurance guaranty entities in those states where Crusader wrote business to begin paying covered claims to Crusader's claimants up to statutory limits. All of Crusader's business was written in California and all open claims as of June 10, 2026 will be transferred to the California Insurance Guarantee Association ("CIGA"). Claims contact information for CIGA is:
California Insurance Guarantee Association
P.O. Box 29066
Glendale, CA 91209-9066
818-844-4300 (office) 818-291-1863 (fax) assistance@ciga.org
Date: June 24, 2026
RICARDO LARA
Insurance Commissioner of the
State of California as Liquidator of
Crusader Insurance Company
By:
_____________________________________
Joseph B. Holloway
Special Deputy Insurance Commissioner
