Majestic Insurance Company
On-Site Manager: Joe Holloway Email Address: HollowayJ@caclo.org Telephone Number: (415) 676-2126 Conservation Date: 04/21/2011 POC Final Filing Date: 01/31/2012 Closure Date: 11/20/2015 Expand All    Collapse All Conservation Order 2015 - 5 documents 11/20/2015 - Declaration of David Wilson Confirming Distribution of Assets Pursuant to Court Order and Closing the Estate of Majestic Insurance Company 11/05/2015 - Order Approving Payment of Conservator's Administrative Expenses and Professional Fees, Approving the Final Distribution of Assets, and Closing the Estate 09/22/2015 - Notice of Hearing and Application for Order Approving Payment of Conservator's Administrative Expenses and Professional Fees, Approving the Final Distribution of Assets, and Closing the Estate 08/12/2015 - June 30, 2015 Balance Sheet 03/31/2015 - March 31, 2015 Balance Sheet 2014 - 10 documents 12/31/2014 - 2014 DOF Financial Statement Review 12/31/2014 - December 31, 2014 Balance Sheet 09/30/2014 - September 30, 2014 Balance Sheet 09/18/2014 - Conservator's Status Report Regarding Compliance with Order Approving Conservator's Proposal to Disburse Assets to Approved Creditor Claims and to Approve Special Publication Notice Relating to "Great Western" Policies 07/18/2014 - Order Approving Payment of Conservator's Administrative Expenses and Professional Fees 07/08/2014 - Order Approving Conservator's Proposal to Disburse Assets to Approved Creditor and to Approve Secial Publication Notice Relating to "Great Western" Policies 06/30/2014 - June 30, 2014 Balance Sheet 06/12/2014 - Application for Order Approving Payment of Conservator's Administrative Expenses and Professional Fees 06/05/2014 - Notice of Application and Application for Order Approving Conservator's Proposal to Disburse Assets to Approved Creditor and to Approve Special Publication Notice Relating to "Great Western" Policies 03/31/2014 - March 31, 2014 Balance Sheet 2013 - 22 documents 12/31/2013 - 2013 DOF Financial Statement Review 12/31/2013 - December 31, 2013 Balance Sheet 12/20/2013 - Order Approving Conservator's Proposal to Disburse Assets to All Approved Creditors 12/17/2013 - Order Approving Payment of Conservator's Administrative Expenses and Professional Fees 11/21/2013 - Application for Order Approving Conservator's Proposal to Disburse Assets to All Approved Creditor Claims 11/21/2013 - Interim Distribution 11/08/2013 - Application for Order Approving Payment of Conservator's Administrative Expenses and Professional Fees 09/30/2013 - September 30, 2013 Balance Sheet 06/30/2013 - June 30, 2013 Balance Sheet 05/10/2013 - March 31, 2013 Quarterly Statement 02/26/2013 - 2012 Annual Statement 02/25/2013 - Order Approving Conservation Trust Agreement and Purchase and Sale Agreement 01/24/2013 - Proposed Order Approving Conservation Trust Agreement and Purchase and Sale Agreement 01/24/2013 - Notice of Motion and Motion for Order Approving Conservation Trust Agreement and Purchase and Sale Agreement 01/24/2013 - Declaration of David Wilson 01/24/2013 - Declaration of Service by Mail 01/24/2013 - Exhibit A - Conservation Order 01/24/2013 - Exhibit B - Order Approving Rehabilitation Plan 01/24/2013 - Exhibit C - Request for Proposals 01/24/2013 - Exhibit D - Purchase and Sale Agreement 01/24/2013 - Exhibit E - Stipulation of Embarcadero Liquidating Trustee and Majestic Insurance Conservator 01/24/2013 - Exhibit F - Conservation Trust Agreement 2012 - 7 documents 09/30/2012 - September 30, 2012 Quarterly Statement 08/10/2012 - Order Approving Payment of Conservator's Administrative and Professional Fees and Examination Fees 07/18/2012 - Request for Proposals 06/30/2012 - June 30, 2012 Quarterly Statement 06/28/2012 - Application for Order Approving Payment of Conservator's Administrative and Professional Fees and Examination Fees 05/11/2012 - March 31, 2012 Quarterly Statement 03/01/2012 - 2011 Annual Statement 2011 - 35 documents 04/21/2011 - FAQ 10/19/2011 - September 30, 2011 Quarterly Statement 09/30/2011 - Proof of Claim Form 09/30/2011 - Order Establishing Claims Bar Date and Approving Form of Notice 09/06/2011 - Proposed Order Establishing Claims Bar Date and Approving Form of Notice 09/06/2011 - Conservator's Notice of Motion and Motion for Establishment of Claims Bar Date and Approval of Form of Notice 09/06/2011 - Declaration of David Wilson in Support of Conservator's Motion for Establishment of Claims Bar Date and Approval of Form of Notice 09/06/2011 - Memorandum of Points and Authorities in Support of Conservator's Motion for Establishment of Claims Bar Date and Approval of Form of Notice 07/28/2011 - June 30th Quarterly Statement 06/02/2011 - Notice of Entry of Order Approving Rehabilitation Plan 06/02/2011 - Order Approving Rehabilitation Plan 05/26/2011 - Insurance Commissioner Dave Jones' Reply to NYSWCB's Objections to Proposed Rehabilitation Plan 05/26/2011 - Supplemental Declaration of David E. Wilson in Support of Insurance Commissioner Dave Jones' Motion for Order Approving Rehabilitation Plan 05/26/2011 - Declaration of Joseph Holloway in Support of Insurance Commissioner Dave Jones' Motion for Order Approving Rehabilitation Plan 05/26/2011 - Declaration of Stephen Ungar in Support of Insurance Commissioner Dave Jones' Motion for Order Approving Rehabilitation Plan 05/26/2011 - Declaration of Wayne Wilson in Support of Insurance Commissioner Dave Jones' Motion for Order Approving Rehabilitation Plan 05/26/2011 - Insurance Commissioner Dave Jones' Reply to Contractor's Objection to Proposed Rehabilitation Plan 05/26/2011 - Proposed Order Approving Rehabilitation Plan 05/19/2011 - NYSWCB's Objections to the Proposed Rehabilitation Plan 05/19/2011 - Memorandum of Points and Authorities in Support of NYSWCB's Objections 05/19/2011 - Declaration of Michael Papa in Support of NYSWCB's Objections 05/16/2011 - Contractor's Objection to Rehabilitation Plan 04/21/2011 - Conservation Order 04/21/2011 - Ex Parte Order Setting Hearing Date on Rehabilitation Motion 04/21/2011 - Commissioner's Notice of Motion and Motion for Order Approving Rehabilitation Plan 04/21/2011 - Commissioner's Brief in Support of Motion for Order Approving Rehabilitation Plan 04/21/2011 - Declaration of David Wilson in Support of Rehabilitation Motion 04/21/2011 - Declaration of Al Bottalico in Support of Rehabilitation Motion 04/21/2011 - Declaration of Ronald Dahlquist in Support of Rehabilitation Motion 04/21/2011 - Declaration of Barry Zyskind in Support of Rehabilitation Motion 04/20/2011 - Ex Parte Application for Order Setting Hearing on Rehabilitation Plan Motion, etc. 04/20/2011 - Conservator's Brief in Support of Ex Parte Application 04/20/2011 - Declaration Re Notice to Majestic of Conservation Application and Ex Parte Application 04/20/2011 - Proposed Ex Parte Order Setting Hearing Date on Plan Motion and Approving Notices 04/19/2011 - Verified Application for Conservation Order

On April 21, 2011, the Insurance Commissioner of the State of California (the "Commissioner") was appointed by the Superior Court of San Francisco as Conservator of Majestic Insurance Company (the "Company") pursuant to Section 1011 of the California Insurance Code. The Conservation Order authorizes and empowers the Commissioner, through his Conservation & Liquidation Office, to conserve Majestic and its assets for the benefit of Majestic's policyholders, claimants, creditors and shareholder. The Conservation will not cause any disruption or delay in the delivery of workers' compensation benefits to injured workers covered under Majestic policies. Policyholders are encouraged to pay their premiums.

The Commissioner has simultaneously filed a Plan of Rehabilitation for the Company. As part of the Plan of Rehabilitation, the Company and AmTrust North America, Inc. ("AmTrust") have entered into an agreement to transfer all insurance liabilities and certain assets from the Company to AmTrust. The components will include a Loss Portfolio Transfer, Sales of Renewal Rights, and an Asset Purchase Transaction. The Superior Court will set a hearing for the Rehabilitation plan on June 2, 2011.

Additional information is available on this website or contact Majestic at (800) 216-7770.