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PAULA Insurance Company
Estate Trust Officer: Scott Pearce
Email Address: PearceS@caclo.org
Telephone Number: (415) 676-5013
Conservation Date: 04/26/2002
Liquidation Date: 06/21/2002
POC Final Filing Date: 03/31/2003
Closure Date: 10/22/2009
Website: http://www.caclo.org/paula
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On June 21, 2002, an order appointed the Insurance Commissioner of the State of California as Liquidator for Paula Insurance, a California corporation. The Court found that the Respondent is insolvent. This order terminates the Commissioner's status as Conservator and orders the Liquidator to act in all ways and exercise all powers necessary for the purpose of carrying out such an order.

The order further authorizes the Commissioner as Liquidator to take possession of all assets of the Respondent including books, records and property, both real and personal, wheresoever situated.

All insurance policies issued by the Respondent shall be terminated and cancelled effective thirty (30) days following the issuance of the order herein, and the Commissioner as Liquidator shall notify promptly all policyholders of such policy termination and cancellation by First Class Mail at the last known address of the policyholders.

Paula Insurance was licensed in Arizona, Alaska, California, Florida, Idaho, Nevada, New Mexico, Oregon and Texas.

A "scanned" copy of the original court document is available in PDF format (see above PDF icon link). In compliance with the American Disability Act, an alternate version is available below, in HTML format, suitable for text browsers and screen readers. While this HTML version was produced using OCR (Optical Character Recognition) software, then manually edited and verified, no responsibility is assumed for any error, omission, or inaccuracy. Please contact webmaster@caclo.org to report any errors or accessibility problems. For a true copy of the court document, please refer to the PDF version.