Imperial Casualty and Indemnity Company

Estate Overview

Case Number CJ-2010-2340

Receivership Date

03/18/2010

Liquidation Date

05/12/2010

Policies Terminated

06/11/2010

Deadline to file Proof of Claim

02/15/2011

Closure Date

To be determined

Assistant Receiver

Mark Tharp of Tharp & Associates

Receivership Counsel

John O’Connor of Hall Estill

Judge

Thomas Prince

Events and Information

11/16/2018 - Recommendation Approved

The Oklahoma County District Court approved the Agreed Order Approving Recommendations Concerning Class 2 Claims.

10/29/2018 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadlines Relating to Receiver’s Recommendation For Adjudication of Class 2 Claims and Application For Approval of Final Class 2 Payments and Notice of Hearing.

10/22/2018 - Recommendation Filed

The Receiver filed the Receiver’s Recommendation For Adjudication of Class 2 Claims and Application For Approval of Final Class 2 Payments and Notice of Hearing.

11/30/2017 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadlines Relating to Receiver’s Report on Claims Evaluation and Setting Hearing Date for Receiver’s Report.

10/16/2017 - Report Filed

The Receiver filed the Receiver’s Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendations.

12/01/2016 - Second Report Approved

The Oklahoma County District Court approved the Order Determining Claims, Approving Receiver’s Second Report on Claims and Overruling Objections.

10/18/2016 - Deadline Order Approved

The Oklahoma County District Court approved the Order Establishing Deadlines Relating to Receiver’s Second Report on Claims Evaluation and Setting Hearing Date for Receiver’s Report.

10/17/2016 - Second Report Filed

The Receiver filed the Receiver’s Second Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendations.

08/03/2012 - First Report Approved

The Oklahoma County District Court approved the Order Determining Claims, Approving Receiver’s First Report on Claims and Overruling Objections.

04/13/2012 - First Report Filed

The Receiver filed the Receiver’s First Report on Claims Evaluation and Request for Confirmation of Receiver’s Recommendations.

05/12/2010 - Proof of Claim Packet

A copy of the Proof of Claim Packet uploaded.

05/12/2010 - Liquidation Order Approved

The Oklahoma County District Court approved the Consent Order of Liquidation With a Finding of Insolvency and Permanent Injunction.

Liquidation Information

On March 18, 2010, Kim Holland, the Insurance Commissioner for the State of Oklahoma, filed an Application for Order of Receivership and Request for Injunctive Relief in the District Court of Oklahoma County, State of Oklahoma, Case No. CJ-2010-2340 relative to Imperial Casualty and Indemnity Company.  After considering the Application, the Court entered its Order Directing Insurer to Show Cause, Allowing Injunctive Relief and Order for Hearing.  In order to comply with Court’s Order and marshal assets, the bank accounts of the company were closed and new accounts reopened in the name of the Receiver.

On May 12, 2010, before the conclusion of the Hearing to Show Cause, the court entered Consent Order of Liquidation with a Finding of Insolvency and Permanent Injunction. The Order directs the Commissioner of Insurance, as Receiver of Imperial Casualty and Indemnity Company to take possession of Imperial’s property, liquidate its business and give notice to all creditors to present claims.

If you have questions regarding claim payments or regarding the rehabilitation process in general, you may contact the Assistant Receiver, at 800-388-2427.