Citation General Insurance Company was the successor of Canadian Insurance Company and Canadian Insurance Company of California via an Assumption Agreement dated February 13, 1986.
This company primarily wrote Medical Malpractice, Workers' Compensation and Healthcare insurance. Citation also wrote Contractor's General Liability policies, covering construction defects and other losses. Citation was licensed to conduct business in California, Nevada, Arizona, South Dakota and Washington.
The "Claims Bar Date", or the final date to submit a claim against the Estate, was September 9, 1996.
In December 2008, the Estate completed an interim distribution to Class 5 claimants.
The Estate's primary objective will be to complete any final reinsurance collections and resolve any potential tax liability to position the Estate for a final distribution in 2009.
