Alistar Insurance Company
Estate Manager: Rommel Adao
Email Address: AdaoR@caclo.org
Telephone Number: (415) 676-5037
Conservation Date: 04/11/2002
Liquidation Date: 10/24/2002
POC Final Filing Date: 07/30/2003
Closure Date: 03/23/2012
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October 24, 2002 - Fresno - California Insurance Commissioner Harry W. Low today obtained an Order of Liquidation for Alistar Insurance Company based on the worsening financial condition of the company. Alistar, which is domiciled in California, is headquartered in Fresno.

Since Commissioner Low's appointment as Conservator on April 11, 2002, he confirmed that Alistar's financial condition, as discovered in a limited financial examination concluded on March 21, 2002, revealed that Alistar's net surplus was $3,070,099 less than the amount required by California law. Further, Commissioner Low has not discovered any additional assets that could reasonably lead to rehabilitation. Therefore, pursuant to the Order of Liquidation, Commissioner Low will proceed to liquidate the business of Alistar. The company wrote workers' compensation, surety and non-standard auto insurance.

Anyone with questions about coverage may contact the California Department of Insurance Consumer Hotline at 800-927-HELP.

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