NOTICE TO ALL POLICYHOLDERS, CLAIMANTS, CREDITORS, SHAREHOLDERS, AND ALL OTHER PERSONS OR ENTITIES INTERESTED IN CASTLEPOINT NATIONAL INSURANCE COMPANY
NOTICE IS HEREBY GIVEN that on July 28, 2016, the Superior Court of the City and County of San Francisco entered an Order Appointing Conservator, in the case entitled Insurance Commissioner of the State of California v. Castlepoint National Insurance Company, Case No. CPF-16-515183 ("Conservation Order"). Pursuant to the Conservation Order, the California Insurance Commissioner has been appointed as the statutory Conservator of Castlepoint National Insurance Company ("Castlepoint"). The Conservation Order authorizes and empowers the Commissioner, through his Conservation & Liquidation Office, to conserve Castlepoint and its assets for the benefit of Castlepoint'ss claimants, creditors and shareholder, as provided in Sections 1010 through 1062 of the Insurance Code of the State of California. The Conservation will not cause any disruption or delay in the delivery of workers' compensation benefits to injured workers covered under Castlepoint policies. Claimants should continue to work with their current claims administrators. If there is a change in claims administration, you will be notified by the Conservator or one of his contracted parties. All other claims are being evaluated by the Conservator and will continue to be paid where deemed appropriate. Castlepoint consists of the following companies that were merged prior to Conservation:
Castlepoint National Insurance Company
Tower Insurance Company of New York
Tower National Insurance Company
Hermitage Insurance Company
Castlepoint Florida Insurance Company
North East Insurance Company
Massachusetts Homeland Insurance Company
Preserver Insurance Company
York Insurance Company of Maine
Castlepoint Insurance Company
Additional information about Castlepoint can be found on the Conservation and Liquidation Office's website at www.caclo.org/Castlepoint and the Company's website at: www.twrgrp.com or contact Castlepoint at 877-813-8531.
Please click here for a copy of the Conservation Order.