Sable Insurance Company was a California-domiciled wholly owned subsidiary of Sable Insurance Holding Company, which, in turn, is held by Reliance National Indemnity (47%) and Reliance Insurance Company (53%). Sable Insurance Company wrote Workers' Compensation and Property and Casualty insurance.
The first early access distribution occurred in November 2002. A second early access distribution to the California Insurance Guarantee Association (CIGA), the Missouri Property and Casualty Insurance Guarantee Association, and the Illinois Insurance Guaranty Fund occurred in December 2003.
On May 11, 2011, the estate's final distribution of approximately $639,000 was completed. On July 26, 2011, the California Insurance Commissioner was discharged as Liquidator concurrent with the filing of the Declaration of Compliance.