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New York Liquidation Bureau
Linda A. Lacewell
Superintendent as Receiver
 

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The New York Liquidation Bureau (NYLB) is a unique entity. Receiving no funding from taxpayers, it carries out the responsibilities of the Superintendent of Financial Services as Receiver, in the discharging of the Superintendent's statutorily defined duties to protect the interests of the policyholders and creditors of insurance companies that have been declared impaired or insolvent.

The NYLB has performed this function since 1909, when the New York State Legislature passed the law mandating that the Superintendent assume the separate responsibility of Receiver. In the case of each insurance company in receivership, the Superintendent as Receiver is appointed by the New York State Supreme Court. The Court approves all of the actions of the Superintendent, and by extension those of the NYLB.

Competitive Bidding Notices:

  • RFP: Portfolio Management Services

    The New York Liquidation Bureau is seeking the services of a qualified investment management firm with insurance expertise to manage its investment portfolio. We invite your company to submit a proposal in accordance with the requirements of the RFP no later than December 2, 2019. Click here, RFP: Portfolio Management Services, to obtain a copy of the RFP.


Legal and Estate Notices: