New York Liquidation Bureau
Adrienne A. Harris
Superintendent of Financial Services as Receiver
 
Document(s):


Contact Person(s):

General Information:

Phone  (212) 341-6728

Email   ReceiverOps@nylb.org






The Insurance Corporation of New York ("INSCORP")

Estate Profile:
Date of Rehabilitation: 06/30/2009
Date of Liquidation: 03/10/2010
Termination of Policies: Pre-Liquidation
Proof of Claim Filing Deadline: 07/10/2010
Dividend Distribution: 12/2013 30.00%
04/2015 20.00%
08/2018 20.00%
Total 70.00% 
Bar Date: Submission of Claims - 12/31/2012


Historical Information:

INSCORP was incorporated as a stock insurance company on May 29, 1968 and was licensed under the laws of the state of New York on July 11, 1968.

The company was placed into rehabilitation and the New York Superintendent of Insurance was appointed as Rehabilitator on June 30, 2009, by order of the Supreme Court of the State of New York.  The Rehabilitator applied to the Court by order to show cause for an order converting INSCORP's rehabilitation to a liquidation proceeding.  See Order to Show Cause and Notice for details.

An Order of Liquidation was filed on March 10, 2010 in the New York County Clerk’s Office.