Executive Life Insurance Company
Estate Manager: Willard Roberts Email Address: elic@caclo.org Telephone Number: (415) 676-5000 Conservation Date: 04/11/1991 Liquidation Date: 12/06/1991 Closure Date: 08/15/2022 Expand All    Collapse All Summary 2022 - 5 documents 08/09/2022 - Declaration of Service by U.S. Mail 08/08/2022 - Request for Dismissal 08/02/2022 - Declaration of Compliance with December 4, 2019 Order 06/17/2022 - 2021 DOF Financial Statement Review 06/17/2022 - 2021 DOF Opt Out Financial Statement Review 2021 - 2 documents 06/09/2021 - 2020 DOF Financial Statement Review 06/09/2021 - 2020 DOF Opt Out Financial Statement Review 2020 - 5 documents 12/04/2020 - Progress Update of Insurance Commissioner as Liquidator of ELIC Pursuant to December 4 2019 Order 07/01/2020 - Final Distribution Completed 06/15/2020 - 2019 DOF Financial Statement Review 06/15/2020 - 2019 DOF Opt Out Financial Statement Review 01/15/2020 - Pre-Distribution Mailing 2019 - 4 documents 12/04/2019 - Order Granting Insurance Commissioner's Final Distribution and Closing Application 10/23/2019 - Application for the Approval of a Final Distribution 10/18/2019 - Final Distribution and Closing Application 06/12/2019 - 2018 DOF Financial Statement Review 2018 - 2 documents 05/18/2018 - 2017 DOF Financial Statement Review 05/18/2018 - 2017 DOF Opt Out Financial Statement Review 2016 - 5 documents 12/31/2016 - 2016 DOF Financial Statement Review 12/31/2016 - 2016 DOF Opt Out Financial Statement Review 07/26/2016 - Order Granting Insurance Commissioner of the State of California's Motion for an Order Approving Interim Distribution of $110.8 Million of Estate Assets Pursuant to ELIC Rehabilitation Plan 06/30/2016 - Frequently Asked Questions regarding the Interim Distribution 06/29/2016 - Motion for an Interim Distribution Order 2015 - 6 documents 12/31/2015 - 2015 DOF Financial Statement Review 12/31/2015 - 2015 DOF Opt Out Financial Statement Review 08/27/2015 - Order Granting Application to Approve Settlement Agreement with Artemis S. A. in Altus Litigation 07/09/2015 - Application to Approve Settlement Agreement with Artemis S. A. in Altus Litigation 07/09/2015 - Settlement in Executive Life case versus Artemis S A. 05/07/2015 - David Jones v. Artemis Hearing 2014 - 4 documents 12/31/2014 - 2014 DOF Financial Statement Review 12/31/2014 - 2014 Opt Out DOF Financial Statement Review 03/17/2014 - Appellants' Response and Reply Brief 01/10/2014 - Principal and Response Brief of Appellee/Cross-Appellant Artemis S.A. 2013 - 14 documents 12/31/2013 - 2013 DOF Financial Statement Review 12/31/2013 - 2013 Opt Out DOF Financial Statement Review 09/30/2013 - Appellant's Opening Brief 04/16/2013 - Order Staying Execution of Judgment Pending Appeal 04/05/2013 - Notice and Time Schedule Order 04/04/2013 - Notice of Association of Counsel 04/04/2013 - Notice of Appeal 04/02/2013 - Judgment 03/19/2013 - Reply to Artemis's Objections to Commissioner and NOLHGA's Proposed Judgment 03/12/2013 - Defendant Artemis S.A.'s Objections to Proposed Judgment Submitted by Commissioner 03/06/2013 - Defendant Artemis S.A.'s Notice of Intent to Object to Proposed Judgment Submitted by Commissioner 03/05/2013 - Memorandum of Points and Authorities Re Proposed Judgment 03/05/2013 - Proposed Judgment 02/26/2013 - Garamendi v. Altus Finance S.A. Et al - Order of Restitution 2012 - 11 documents 12/31/2012 - 2012 DOF Financial Statement Review 12/31/2012 - 2012 Opt Out DOF Financial Statement Review 12/07/2012 - Declaration of Charles R. Rice in Support of Response to Artemis's Post-trial Brief Regarding Restitution 12/07/2012 - Response to Artemis's Post-Trial Brief Regarding restitution 11/30/2012 - Declaration of D. Paul Regan in Support of Restitution Award 11/30/2012 - Defendant Artemis S.A.'s Post-Trial Brief Regarding Restitution - Proposed Findings of Fact And Conclusions of Law Submitted Concurrently Herewith 11/30/2012 - Defendant Artemis S.A.'s Proposed Findings of Fact and Conclusions of Law 11/30/2012 - Memorandum of Points and Authorities in Support of Restitution Award 10/29/2012 - Department of Insurance Announces Jury Declines to Award Damages 05/31/2012 - ELIC Retrial Finally Scheduled 05/09/2012 - Order Re: Trial Setting Conference 2011 - 3 documents 12/31/2011 - 2011 DOF Financial Statement Review 12/31/2011 - 2011 Opt Out DOF Financial Statement Review 03/10/2011 - ELIC Update - Altus Minutes 2010 - 8 documents 12/31/2010 - 2010 DOF Financial Statement Review 12/31/2010 - 2010 FEC DOF Financial Statement Review 12/31/2010 - 2010 Holdback DOF Financial Statement Review 12/31/2010 - 2010 Opt Out DOF Financial Statement Review 10/14/2010 - ELIC Update 10/14/2010 - ELIC Opt-Out Trust Update 09/13/2010 - ELIC Update 07/01/2010 - ELIC Opt-Out Trust Update 2009 - 7 documents 12/31/2009 - 2009 DOF Financial Statement Review 12/31/2009 - 2009 FEC DOF Financial Statement Review 12/31/2009 - 2009 Holdback DOF Financial Statement Review 12/31/2009 - 2009 Opt Out DOF Financial Statement Review 08/17/2009 - ELIC v. Altus Trial Vacated 08/07/2009 - FEC Litigation Trust Escheatment of Outstanding Checks 01/20/2009 - Holdback Trust Escheatment of Outstanding Checks 2008 - 4 documents 12/31/2008 - 2008 DOF Financial Statement Review 12/31/2008 - 2008 Opt Out DOF Financial Statement Review 12/31/2008 - 2008 Holdback DOF Financial Statement Review 12/31/2008 - 2008 FEC Litigation DOF Financial Statement Review 2007 - 10 documents 12/31/2007 - 2007 DOF Financial Statement Review 12/31/2007 - 2007 Opt Out DOF Financial Statement Review 12/31/2007 - 2007 Holdback DOF Financial Statement Review 12/31/2007 - 2007 FEC Litigation DOF Financial Statement Review 07/05/2007 - Remaining Settlement Proceeds of Altus Litigation Funds Transferred to Aurora 06/29/2007 - Judgment In Conformity With Final Arbitration Decision 06/29/2007 - Notice Of Motion For An Order Approving Distribution Of Specified Altus Litigation Proceeds 05/31/2007 - Notice Of Hearing On Petition To Confirm Final Arbitration Decision 05/31/2007 - Notice Of Motion For An Order Approving Distribution Of Specified Altus Litigation Proceeds 01/10/2007 - Insurance Commissioner John Garamendi Announces $295 Million in Additional Distributions to Executive Life Policyholders After Arbitrator's Decision Regarding Litigation Proceeds 2006 - 8 documents 04/25/2006 - Funds Transferred To Aurora For Opt In Policyholders 02/28/2006 - 2006 Opt Out Distribution 01/18/2006 - Order Granting Motion For Distribution Of Opt Out Trust Portion Of Aurora and CDR Settlements 01/17/2006 - Notice Of Motion For An Order Approving Interim Distribution To Non-Opt Out Contract Holders 01/17/2006 - Proposed Order Granting Motion For An Order Approving Interim Distribution To Non-Opt Out Contract Holders 01/17/2006 - Declaration Of John Finston In Support Of Motion For An Order Approving Interim Distribution To Non-Opt Out Contract Holders 01/17/2006 - Declaration Of Lauren Roberson In Support Of Motion For An Order Approving Interim Distribution To Non-Opt Out Contract Holders 01/17/2006 - Declaration Of Richard Baum In Support Of Motion For An Order Approving Interim Distribution To Non-Opt Out Contract Holders 2005 - 10 documents 10/26/2005 - Executive Life Lawsuit Frequently Asked Questions 10/12/2005 - Order Partially Granting Motion For Distribution Of $100 Million Of Altus Litigation Proceedings 08/31/2005 - Proposed Distribution Order of $100 Million 08/30/2005 - Motion for Distribution Order of $100 Million of Altus Litigation Proceeds 08/22/2005 - Declaration of Lauren Roberson in Support Thereof 08/22/2005 - Declaration of Karl D. Belgum in Support Thereof 08/19/2005 - Declaration of Willard Roberts in Support Thereof 02/16/2005 - Insurance Commissioner Settles with Aurora National Life Assurance Company 02/16/2005 - Executive Life Lawsuit Opening Statements 02/02/2005 - Executive Life Lawsuit Update 2004 - 1 document 06/07/2004 - CDI Receives $110 Million on Behalf of ELIC Policyholders 2002 - 1 document 10/31/2002 - Distribution 1999 - 1 document 09/16/1999 - Second Amended Complaint For Fraud 1991 - 2 documents 12/06/1991 - Liquidation Order 04/11/1991 - Conservation Order 1990 - 1 document 12/31/1990 - Annual Statement of Executive Life Insurance Company - 1990 1989 - 1 document 12/31/1989 - Annual Statement of Executive Life Insurance Company - 1989

June 29, 2016 - A settlement was reached in 2015 with the last remaining defendant in a 16 year-old lawsuit brought by the California Commissioner of Insurance in his capacity as liquidator of Executive Life Insurance Company. The French company, Artemis S.A. has agreed to pay $200 million in addition to $110 million previously paid to policyholders in 2006/2007. The Commissioner has applied to the Court for an order approving an interim distribution of $110.8 million of the settlement funds.

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