Reliance Insurance Company
For more information on Liquidations and Rehabilitations, click here.
Press Release: Commonwealth Court grants PA Insurance Department petition seeking liquidation of Reliance Insurance Company
Insurance Commissioner's Statement
Order of Liquidation
Estimated Assets & Liabilities
Date of Rehabilitation:
May 29, 2001
|Date of Liquidation:
||October 3, 2001 |
||December 31, 2003
|States Where Licensed:
||All 50 plus the District of Columbia, Puerto Rico, the US Virgin Islands, American Samoa and Guam|
|Type of Business Sold:
||Workers' Compensation, Commercial Auto, Commercial Liability and Personal Auto Coverage|
||Reliance National Indemnity Company, Reliance National Insurance Company, United Pacific Insurance Company, Reliance Direct Company, Reliance Surety Company, Reliance Universal Insurance Company, United Pacific Insurance Company of New York, and Reliance Insurance Company of Illinois. |
Due to continued financially hazardous conditions as well as a recently completed first quarter 2001 financial statement that showed a substantially increased negative surplus, Reliance Insurance Company (Reliance) was placed into liquidation by Pennsylvania Commonwealth Court on October 3, 2001.
Files have been shipped to the appropriate guaranty associations across the country for their review. Anyone having unpaid claims should wait until they are contacted by their guaranty association. Within 60-90 days from the Liquidation date, any known claimants, general creditors or other related parties should have received a packet of information including a Proof of Claim Form, a Question and Answer Form and general information regarding the liquidation process.
Due to the size and nature of Reliance, many questions may arise. The following link may be helpful in addressing the most Frequently Asked Questions.
If your questions were not addressed in the above link, you should click on the following link to find out who may best address your questions:
Inquire about the status of a claim
Press Release: Pennsylvania Insurance Department reaches $85 million settlement against the directors and officers of former Reliance Insurance Company
Reliance Contact Information
Reliance Proof of Claim Documents
List of all documents filed in Commonwealth Court
Reliance Rehabilitation Documents (Archived)
Reliance Quarterly Reports: 2009 2010 2011 2012
Selected Documents: (Also available on the Reliance Documents Website)
Order Approving Liquidator's Report and Recommendations On Resolved Claims as of December 31, 2009
Order Granting Petition for Approval of Report and Recommendation on Undisputed Life & Health Claims Through December 31, 2009
Order Re Undisputed Administrative Expenses through December 31, 2007--filed January 2010
Order Approving Liquidator's Petition to Approve a Plan for Allocation of Certain Policyholder Collateral for Guaranty Association Deductible Payments and Reliance Retrospective Premium Obligations--filed February 2010
Order In Re Liquidator's Petition for Second Interim Distribution--filed March 2010